PROTECTED SOURCE SCRIPT
ORDER BLOCK SIGNAL FREE[BUZZARA]
Description:
The ORDER BLOCK SIGNAL FREE [BUZZARA] indicator automatically detects and visualizes bullish and bearish order blocks on the chart. It highlights potential supply and demand zones, monitors their validity over time, and tracks whether they are respected, rejected, or mitigated.
The script uses statistical Z-score analysis of price movement to identify strong bullish and bearish impulses. Each detected zone is drawn as a colored box with an optional dashed midline for reference. Zones automatically extend until they are either invalidated by price action or reach the maximum age.
Features include:
Bullish/Bearish Order Blocks: Automatically detected and displayed with customizable colors.
Overlap Prevention: Optional setting to avoid drawing overlapping zones.
Zone Expiration: Zones are removed if mitigated by price or if they exceed user-defined maximum age.
Rejection Signals: Upward ▲ or downward ▼ markers show when price rejects an order block.
Customizable Appearance: Adjustable colors, text size, and transparency.
Alert Conditions: Alerts for new bullish/bearish zones and for rejection signals.
This tool is designed for traders who use order block and supply/demand concepts in their strategy, helping them identify high-probability reversal or continuation zones with real-time alerts.
The ORDER BLOCK SIGNAL FREE [BUZZARA] indicator automatically detects and visualizes bullish and bearish order blocks on the chart. It highlights potential supply and demand zones, monitors their validity over time, and tracks whether they are respected, rejected, or mitigated.
The script uses statistical Z-score analysis of price movement to identify strong bullish and bearish impulses. Each detected zone is drawn as a colored box with an optional dashed midline for reference. Zones automatically extend until they are either invalidated by price action or reach the maximum age.
Features include:
Bullish/Bearish Order Blocks: Automatically detected and displayed with customizable colors.
Overlap Prevention: Optional setting to avoid drawing overlapping zones.
Zone Expiration: Zones are removed if mitigated by price or if they exceed user-defined maximum age.
Rejection Signals: Upward ▲ or downward ▼ markers show when price rejects an order block.
Customizable Appearance: Adjustable colors, text size, and transparency.
Alert Conditions: Alerts for new bullish/bearish zones and for rejection signals.
This tool is designed for traders who use order block and supply/demand concepts in their strategy, helping them identify high-probability reversal or continuation zones with real-time alerts.
Geschütztes Skript
Dieses Script ist als Closed-Source veröffentlicht. Sie können es kostenlos und ohne Einschränkungen verwenden – erfahren Sie hier mehr.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Geschütztes Skript
Dieses Script ist als Closed-Source veröffentlicht. Sie können es kostenlos und ohne Einschränkungen verwenden – erfahren Sie hier mehr.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.