OPEN-SOURCE SCRIPT
Enhanced OB Retest Strategy v7.0
The OB Retest Strategy is a full Order Block retest trading system that detects, plots, and trades OB zones across multiple timeframes. It uses structure breaks, retrace depth, and ATR filters to identify strong reversal or continuation setups.
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⚙️ Core Features
• Multi-timeframe OB detection using break-of-structure (BOS) logic
• Automatic zone creation for bullish and bearish order blocks
• Smart merging of overlapping OB zones
• Dynamic flip-zone logic that turns invalidated OBs into new zones
• Wick zone detection for high-precision entries
• ATR-based trailing stop and optional breakeven
• Adjustable retrace depth, breakout %, and ATR filters
• Built-in performance table showing PnL, win rate, and total trades
• Fully backtestable with date range and commission control
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🧠 Logic Summary
1. Detects a BOS on the higher timeframe.
2. Identifies the last opposing candle as the valid OB.
3. Validates the OB based on ATR size and breakout strength.
4. Waits for price to retest the zone to a set depth.
5. Executes trades and manages exits using trailing stop or breakeven.
6. Flips invalidated zones automatically.
⸻
💡 Usage Tips
• Best used on 1H to 4H charts for swing setups.
• Tune ATR and breakout thresholds for your market’s volatility.
• Combine with higher-timeframe bias or liquidity levels for better accuracy.
⸻
⚠️ Notes
• For educational and testing purposes only.
• Backtested results do not predict future performance.
• Always test before live use.
⸻
⚙️ Core Features
• Multi-timeframe OB detection using break-of-structure (BOS) logic
• Automatic zone creation for bullish and bearish order blocks
• Smart merging of overlapping OB zones
• Dynamic flip-zone logic that turns invalidated OBs into new zones
• Wick zone detection for high-precision entries
• ATR-based trailing stop and optional breakeven
• Adjustable retrace depth, breakout %, and ATR filters
• Built-in performance table showing PnL, win rate, and total trades
• Fully backtestable with date range and commission control
⸻
🧠 Logic Summary
1. Detects a BOS on the higher timeframe.
2. Identifies the last opposing candle as the valid OB.
3. Validates the OB based on ATR size and breakout strength.
4. Waits for price to retest the zone to a set depth.
5. Executes trades and manages exits using trailing stop or breakeven.
6. Flips invalidated zones automatically.
⸻
💡 Usage Tips
• Best used on 1H to 4H charts for swing setups.
• Tune ATR and breakout thresholds for your market’s volatility.
• Combine with higher-timeframe bias or liquidity levels for better accuracy.
⸻
⚠️ Notes
• For educational and testing purposes only.
• Backtested results do not predict future performance.
• Always test before live use.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。