FVG Order Blocks [BigBeluga]

14 de out.

This indicator is an advanced tool designed to detect and visualize market FVGs with order blocks, where the price action has created gaps due to strong buying or selling pressure. These FVG often act as critical support and resistance levels, giving traders strategic points for potential entries and exits. The indicator not only identifies these imbalances but also displays their relative strength by size %, helping traders prioritize order blocks that are more likely to hold or break.

The indicator works on various pairs and stocks, it also works on charts that do not provide volume data

Forex (JPY/USD):


Stocks (NVDA):



🔵 KEY FEATURES & USAGE

● FVGs Detection and Visualization:
The indicator detects bullish and bearish FVGs. Bullish FVG occur when there is significant buying, and order block is plotted below the FVG zone:


Conversely, bearish FVG are plotted with an order block above the zone, indicating potential resistance.


Traders can use these order blocks to anticipate price reactions when the market revisits these areas, making them ideal for setting up trades.

● FVG Filtering:
The indicator includes a FVG % filter that allows traders to only display strong order blocks. This ensures that only significant FVG order blocks are shown, reducing noise and focusing on the most impactful areas.


● Highlighting Broken Levels:
When an imbalance level is broken—either breached by price action or no longer relevant—the indicator can either delete the level or mark it with a gray color areas. This provides a clear visual cue that the level has been compromised, allowing traders to adjust their strategies accordingly.

● Order Blocks Signals:
When price retest the blocks, indicator display potential sell or buy signals. Which can be an opportunity for trades



🔵 CUSTOMIZATION

● FVG Filter:
Adjust the strength filter to control which FVGs are displayed based on their percentage size. This filter helps in focusing only on significant blocks that are likely to impact price action.


● Order Blocks Amount Displayed:
Set the maximum number of Order Blocks to be displayed on the chart. This customization helps keep the chart clean and ensures that only the most important blocks are in view.

● Broken Order Blocks Display:
Choose whether to display order blocks that have been broken by the price. This feature helps in maintaining a focus on blocks that are still valid while filtering out those that are no longer relevant.

● Color Customization:
You can customize the colors for bullish and bearish Order Blocks to match your chart's overall color scheme. Additionally, strength bars can be color-coded based on their percentage to quickly identify high-priority order blocks.

Traders who are confident in the settings of the indicator can confidently use it on various types of markets