💎 GENERAL OVERVIEW Introducing our new Volumized Breaker Blocks indicator! This new indicator can render breaker blocks with their volumetric information. It's highly customizable with detection, invalidation and style settings.
Features of the new Volumized Breaker Block indicator :
Render Bullish & Bearish Breaker Blocks
Enable / Disable Volumetric Information
Enable / Disable Historic Zones
Visual Customizability
📌 HOW DOES IT WORK ? Breaker blocks form when an order block fails, or "breaks". It is often associated with market going in the opposite direction of the broken order block, and they can be spotted by following order blocks and finding the point they get broken, ie. price goes below a bullish order block. The volume of a breaker block is simply the total volume of the bar that the original order block is broken.
🚩UNIQUENESS This indicator can not only detect breaker blocks, but it can also detect them with their volumetric information. Volumetric information can be crucial when considering an breaker block's strength, which can be a crucial form of confluence in certain trading strategies.
⚙️SETTINGS
1. General Configuration Volumetric Info -> The volumetric information of the Breaker Blocks will be rendered if activated.
Zone Invalidation -> Select between Wick & Close price for Breaker Block Invalidation.
Swing Length -> Swing length is used when finding breaker block formations. Smaller values will result in finding smaller breaker blocks.
發布通知
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Added a setting to change how Order Blocks are invalidated
發布通知
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Fixed a bug that sometimes caused flicker of rendered zones
Thank you so much for sharing this script – I truly appreciate it! I have a small request, and if you could help me with it, you'd absolutely be my hero. Would it be possible for you to add alerts for when a new breaker block is formed, as well as when the price is retesting those breaker blocks or previous ones? Thanks again for your incredible support and help!
fluxchart
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@Saeid21, Thanks for your support! We have alerts for new breaker blocks in our Price Action Toolkit indicator!
SujoTrading
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Could you add alerts for when a new breaker block is formed and when the price is retesting those breaker blocks or previous ones? Many ICT-based indicators lack alert features, even the paid ones I've tried.
There shouldnt be breaker block because price didnt break order block (I choose zone invalidation as close btw) What breaks Order blocks wicks or bodies?:
also there is still order block (which is true)
Lynext
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@Tkysl, You are right, we will push an update that will allow you to change Order Block Invalidation from the settings. Thanks for your comment 😊
Lynext
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@Tkysl, Can you check the latest update and let us know ? Thanks
I have a small request, and if you could help me with it, you'd absolutely be my hero.
Would it be possible for you to add alerts for when a new breaker block is formed, as well as when the price is retesting those breaker blocks or previous ones?
Thanks again for your incredible support and help!