PROTECTED SOURCE SCRIPT
Order block Detector (BlockEdge Academy)
This is a premium institutional order block detector designed specifically for Smart Money Concepts (SMC) and Price Action traders. Unlike standard indicators, this tool focuses on External Market Structure to identify high-probability supply and demand zones.
Key Features
1. Unmitigated Zones Only: The indicator automatically identifies fresh order blocks that haven't been touched by price yet.
2. Auto-Extension Logic: Zones will dynamically extend to the right until they are mitigated (touched) by price.
3. External Structure Focus: Uses swing-point detection to filter out minor market noise, providing cleaner institutional levels.
4. Optimized for 15m Timeframe: Perfectly tuned for intraday and swing traders looking for precision entries.
How to use
1. Identify the Zone: Wait for the indicator to plot a Bullish (Green) or Bearish (Red) box.
2. The Mitigation: Look for price to return to these "Unmitigated" zones.
3. Execution: se these levels as high-confluence areas for entries, targeting the next external liquidity point.
Created by BlockEdge Academy.
Key Features
1. Unmitigated Zones Only: The indicator automatically identifies fresh order blocks that haven't been touched by price yet.
2. Auto-Extension Logic: Zones will dynamically extend to the right until they are mitigated (touched) by price.
3. External Structure Focus: Uses swing-point detection to filter out minor market noise, providing cleaner institutional levels.
4. Optimized for 15m Timeframe: Perfectly tuned for intraday and swing traders looking for precision entries.
How to use
1. Identify the Zone: Wait for the indicator to plot a Bullish (Green) or Bearish (Red) box.
2. The Mitigation: Look for price to return to these "Unmitigated" zones.
3. Execution: se these levels as high-confluence areas for entries, targeting the next external liquidity point.
Created by BlockEdge Academy.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.