Market Structure Break & Order Block by EmreKb

Jun 19, 2022This indicator shows the market structure break (msb) and order blocks (ob). Msb occurs after the breakout old high when the price make lower lows or occurs after the breakout old low when the price make higher highs. OB occurs after the msb, ob is the last bullish candle before high if msb is bearish but if the msb is bullish then ob is the last bearish candle before low.

Zigzag Lenght - A number for the zigzag calculation
Show Zigzag - Show/Hide Zigzag lines
Fib Factor - Fib level for the breakout confirmation. For example if new high larger than old high to low fib 1+fib_factor when the down trend then it's a breakout.

Jun 22, 2022

Release Notes

Added breaker and mitigation blocks. Breaker and mitigation blocks are the block in the low area formed before last high. Last bearish candle for bearish and last bullish candle for bullish are mitigation or breaker blocks.

Jun 22, 2022

Release Notes

Added display settings

Jun 22, 2022

Release Notes

Changed some default values

Jun 22, 2022

Release Notes

- Copy Paste bug fixed :)
- Added alert to msb

Jun 23, 2022

Release Notes

Some Bug Fixed

Jul 5, 2022

Release Notes

- The bug that caused the alarm delay has been fixed. (MSB)
- Added timeframe option. You can only select current timeframe or higher timeframe. Zigzag only shows in current timeframe.

May 7, 2023

Release Notes

• Optional time zone selection feature has been removed.
  
• An alarm triggering when the price touches the box has been added (It triggers for every candle!).
  

May 8, 2023

Release Notes

• Delete old/broken boxes option added
  

Note: I'm working on new more accurate alert system (probably from telegram)