Recruitment of participants Clever Order Blocks

Clever Order Blocks
V1.52

Description

Very precise patterns to detect: entry signals as well as breakout, support and resistance reversal patterns. It points out zones in which, with a high probability, institutional orders with the potential to change the price’s direction and keep moving towards it, have been placed.




How is this indicator useful?

• It will allow you to trade on the order’s direction, once its direction has been identified.
• It will allow you to trade retracement or breakout patterns, everytime they occur in a given zone.
• You’ll be able to identify potential resistance or support levels. Be mindful that you can use these levels as take profit zones.
• You’ll be able to combine this indicator with trend and market maker patterns. In order to identify these patterns.

Components

• Horizontal green lines: These represent bullish order blocks.
• Horizontal red lines: These represent bearish order blocks.
• Green, red Arrows: Bullish or Bearish signal of recent OB Formed
• Yellow Arrows: Bullish or Bearish signal of Breakout of OB.

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