GoldBlock Hunter [v1.1]

GoldBlock Hunter [v1.1]

GoldBlock Hunter is an automated price action tool designed specifically for the volatility of XAUUSD (Gold). It identifies high-probability reversal zones by detecting significant market structures (Swing Highs and Swing Lows) and visualizing them as actionable Buy or Sell zones.

Unlike standard support/resistance indicators that clutter the chart with infinite lines, GoldBlock Hunter features a Smart Mitigation System. It actively tracks every zone—extending it into the future until price returns to test it. Once a zone is "mitigated" (touched by price), it automatically updates its visual style (turning gray) or removes itself, ensuring you only focus on fresh, untested levels.

Key Features:

Automated Zone Detection: Instantly marks potential Supply (Sell) and Demand (Buy) areas based on customizable Pivot Point logic.

Smart Mitigation Tracking: Zones dynamically extend to the right. When price revisits a zone, the indicator detects the "mitigation" and grays out the box to signal it has been used.

Clean Chart Logic: Automatically invalidates and removes zones if price breaks through them aggressively, keeping your workspace distraction-free.

Customizable Sensitivity: Adjustable "Lookback" (Left/Right Bars) settings allow you to tune the script for scalping (tight pivots) or swing trading (major structures).

How to Use:

Identify Fresh Zones: Look for Green (Buy) or Red (Sell) boxes extending to the right. These are untested areas where price is likely to react.

Wait for Mitigation: Use the box boundaries as potential entry zones for reversals.

Filter Noise: Adjust the Left Bars setting to 5 or higher to filter out minor chops and focus on major market turning points.