Order Block
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ORDER BLOCK INDICATOR FOR METATRADER

Trade market reversals with clean, no-nonsense order block signals

Catch early trend shifts with a simplified and effective approach to order block analysis. This tool identifies key price zones based on fresh market highs or lows, highlighting breakout and reversal areas without clutter or confusion. Built for position traders and swing traders alike, the indicator provides actionable, non-repainting signals and adapts to all instruments and timeframes. Whether you're entering trends or anticipating reversals, this is your edge in structure-driven trading.

  • Identifies bullish and bearish order blocks based on fresh highs or lows
  • Clearly marks breakout and reversal conditions—no guesswork
  • Filters order blocks using ATR for signal quality control
  • No repainting or backpainting—signals are final once plotted
  • Includes real-time alerts (visual, sound, email, push) for every event
  • Customizable visuals for arrows and lines
  • Simple, clean logic ideal for price action traders
  • Works on all symbols and timeframes—forex, indices, crypto, and more
  FAQ

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Description

This indicator is a personal implementation of Order Blocks, a simple yet effective position trading strategy. It helps traders identify early price reversals by marking key structural levels on the chart, providing clear and actionable signals.

Order blocks are used to detect early turning points in the market. A bullish open block is defined as the first bullish bar after a fresh market low, and a bearish open block is the first bearish bar after a fresh market high. When price breaks an open block, it becomes an order block. If the price then breaks this level in the opposite direction, the order block becomes a reversal block.

The trader is advised to look for trades in the direction of the most recent order block, as long as its range has not been breached in the opposite direction. Open blocks are not drawn to keep the chart clean and focused.

The indicator is designed to be intuitive and informative, offering all types of alerts (visual, email, push, and sound) to notify traders of possible entry points. It does not repaint or backpaint, ensuring reliability and consistency of signals.

Features

  • Detects early price reversals using order block methodology.
  • Marks bullish and bearish open blocks based on fresh highs and lows.
  • Converts open blocks into order blocks upon breakout.
  • Converts order blocks into reversal blocks if broken in the opposite direction.
  • Does not repaint or backpaint signals.
  • Includes email, sound, push, and on-screen alerts.

Trading Guidelines:

  • Suitable for: Forex, Commodities, Indices, Stocks, and Cryptocurrencies.
  • Recommended timeframes: Monthly, Weekly, Daily, 12H, 8H, 4H, 2H, 1H, 30M, and 15M.

Input Parameters:

  • Period: Number of bars required to establish a fresh high or low. Smaller values yield more signals.
  • Min ATR Filter: Minimum body size of the order block bar, expressed as a multiplier of ATR.
  • Max ATR Filter: Maximum body size of the order block bar, expressed as a multiplier of ATR.
  • Colors: Customize the colors and sizes of lines and arrows.
  • Alerts: Enable or disable visual, email, push, and sound alerts.

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Frequently Asked Questions

An order block is identified when a fresh market high or low forms and the price breaks out through the body of the first bar in the opposite direction. That bar becomes a validated order block, indicating a potential shift in order flow and the beginning of a new move.

A bullish order block is the first bullish candle that appears after a fresh low is made. A bearish order block is the first bearish candle following a fresh high. These bars form the basis for future breakout or reversal signals, depending on price behavior.

A signal appears when the price breaks through the body of a valid open block, confirming it as an active order block. If price later breaks the order block in the opposite direction, it is considered a reversal block.

No, the indicator does not repaint or backpaint. Once a signal is confirmed and displayed, it remains fixed on the chart for full transparency and accurate backtesting.

Open blocks (potential but unconfirmed blocks) are not displayed to avoid clutter. The indicator only shows confirmed order and reversal blocks for a cleaner and more focused chart experience.

*Period* determines the number of bars required to define a fresh high or low. Lower values result in more frequent signals. *Min ATR Filter* and *Max ATR Filter* control the size of the bar body, relative to the Average True Range (ATR), that can be considered for an order block. These filters help you eliminate weak or overly large candles that may produce less reliable signals.

Yes. The indicator includes optional visual, sound, email, andpush alerts for all new signals, ensuring you never miss a breakout or reversal opportunity.

Yes, the indicator is fully compatible with all financial instruments—forex, stocks, indices, crypto, commodities—and works across all timeframes from M1 to monthly charts.

This tool is ideal for position traders, swing traders, and price action traders who rely on structure-based setups and want to enter or confirm trades based on institutional behavior and price rejections at key levels.

No, it is not a standalone system. It is a strategic entry and confirmation tool meant to be used in combination with your broader market analysis, bias, or risk management rules.