The Market Structure (Breakers) indicator aims to detect "Breaker Market Structures", an original concept inspired by breaker blocks, and extend on the original concept of market structures by extending existing MS levels, providing supports/resistances as a result.
Various graphical elements are included that highlight the interactions between price and Breaker...
The Order Blocks & Breaker Blocks indicator detects order blocks that can be turned into breaker blocks on the chart automatically once mitigated.
Users can determine the amount of bullish and bearish order/breaker blocks that display on their chart from within the settings menu.
🔶 SETTINGS
Swing Lookback: Lookback period used for the detection of the...
Level: 2
Background
The famous R-Breaker is a short-term intraday trading strategy that combines trend and reversal trading methods.
Function
-1) When the intraday highest price exceeds the observed selling price, and the intraday price drops and further breaks below the support line constituted by the reverse selling price, a reversal strategy is adopted,...
Idea
The idea is simple : when market turns around, it traps a bunch of traders off guard. We trade with them, in the same direction of their exit!
Method
We let the market first create a fractal
We then let the market create an opposite fractal
We then let the market break the first fractal it created, thereby trapping lots of trades in the process
...
![ES1!: Market Structure (Breakers) [LuxAlgo]](https://s3.tradingview.com/c/cONRD5q4_mid.png "Market Structure (Breakers) [LuxAlgo]")
![NDQ: Order Blocks & Breaker Blocks [LuxAlgo]](https://s3.tradingview.com/p/piIbWMpY_mid.png "Order Blocks & Breaker Blocks [LuxAlgo]")
![300181: [blackcat] L2 Intraday R-Breaker Indicator](https://s3.tradingview.com/f/fYqAT2ys_mid.png "[blackcat] L2 Intraday R-Breaker Indicator")
