OPEN-SOURCE SCRIPT
Updated Kyoshiro - FVG + Order Blocks
📌 Kyoshiro – FVG + Order Blocks
This indicator combines Order Block (OB) detection with an intelligent auto-management system and a clean visual display on the chart.
It is designed to help traders better identify institutional zones where price frequently reacts.
⚙️ Key Features:
✅ Real-time detection of bullish and bearish Order Blocks.
✅ Automatic cleanup: invalidated OBs are removed to keep the chart clean.
✅ Customizable display:
Maximum number of visible OBs (bullish / bearish).
Zone colors, outlines, and midlines.
Line styles (solid, dashed, dotted) and adjustable width.
✅ Choice of mitigation method:
Wick
Close
✅ Built-in alerts:
Formation of bullish or bearish OB.
Mitigation of an existing OB.
🔔 Available Alerts:
Bullish OB Formed → A bullish order block is detected.
Bearish OB Formed → A bearish order block is detected.
Bullish OB Mitigated → A bullish OB has been invalidated.
Bearish OB Mitigated → A bearish OB has been invalidated.
🎯 Use Cases:
Quickly identify key liquidity zones.
Track institutional activity in the market.
Improve entry and exit precision.
This indicator combines Order Block (OB) detection with an intelligent auto-management system and a clean visual display on the chart.
It is designed to help traders better identify institutional zones where price frequently reacts.
⚙️ Key Features:
✅ Real-time detection of bullish and bearish Order Blocks.
✅ Automatic cleanup: invalidated OBs are removed to keep the chart clean.
✅ Customizable display:
Maximum number of visible OBs (bullish / bearish).
Zone colors, outlines, and midlines.
Line styles (solid, dashed, dotted) and adjustable width.
✅ Choice of mitigation method:
Wick
Close
✅ Built-in alerts:
Formation of bullish or bearish OB.
Mitigation of an existing OB.
🔔 Available Alerts:
Bullish OB Formed → A bullish order block is detected.
Bearish OB Formed → A bearish order block is detected.
Bullish OB Mitigated → A bullish OB has been invalidated.
Bearish OB Mitigated → A bearish OB has been invalidated.
🎯 Use Cases:
Quickly identify key liquidity zones.
Track institutional activity in the market.
Improve entry and exit precision.
Release Notes
cdqscdsqcqOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.