PROTECTED SOURCE SCRIPT
Suspension Blocks [TakingProphets]
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SUSPENSION BLOCKS [TAKINGPROPHETS]
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Suspension Blocks are a new ICT concept designed to highlight price inefficiencies created by displacement and body-to-body gaps across a precise 3-candle sequence. These structures represent areas where price was temporarily “suspended” before continuation, often acting as high-probability reaction zones on future revisits.
This indicator automatically detects, visualizes, manages, and invalidates Suspension Blocks in real time, while intelligently limiting chart clutter to only the most relevant structures near current price.
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PURPOSE AND SCOPE
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- Detect ICT-style Bullish and Bearish Suspension Blocks using strict 3-candle body relationships
- Require measurable body-to-body separation defined in true ticks (instrument-aware)
- Automatically draw and extend Suspension Blocks forward in time
- Invalidate blocks only when price decisively closes beyond the defining boundary
- Optionally display Consequent Encroachment (50% equilibrium) within each block
- Limit on-chart visibility to the closest N blocks per side relative to current price
- Provide session-based, directional alerting for new block formations
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WHAT IS A SUSPENSION BLOCK
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A Suspension Block is a 3-candle displacement pattern defined by body gaps on both sides of a middle candle.
Bullish Suspension Block logic:
- Candle 1 close is BELOW Candle 2 open by at least the Minimum Body Separation
- Candle 3 open is ABOVE Candle 2 close by at least the Minimum Body Separation
- Candle 3 open is ABOVE Candle 1 close to ensure a valid vertical range
- The block spans from Candle 1 close (low) to Candle 3 open (high)
- The block remains valid until price CLOSES below Candle 1 close
Bearish Suspension Block logic (mirror conditions):
- Candle 1 close is ABOVE Candle 2 open by at least the Minimum Body Separation
- Candle 3 open is BELOW Candle 2 close by at least the Minimum Body Separation
- Candle 3 open is BELOW Candle 1 close to ensure a valid vertical range
- The block spans from Candle 1 close (high) to Candle 3 open (low)
- The block remains valid until price CLOSES above Candle 1 close
All calculations are performed using true tick values via `syminfo.mintick` to ensure precision across instruments.
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GENERAL SETTINGS
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- Minimum Body Separation (ticks)
- Defines the minimum required body-to-body gap between candles
- Measured in true ticks (0.25 = quarter tick, 1.0 = full tick, etc.)
- Max Visible Blocks per Side
- Limits the number of bullish and bearish blocks displayed
- Only the closest blocks to current price remain visible
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VISUALIZATION SETTINGS
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- Bullish Suspension Blocks
- Toggle bullish block visibility
- Custom fill color with adjustable transparency
- Optional border with selectable line style (Solid / Dashed / Dotted)
- Bearish Suspension Blocks
- Toggle bearish block visibility
- Custom fill color with adjustable transparency
- Optional border with selectable line style (Solid / Dashed / Dotted)
- Consequent Encroachment (CE)
- Optional 50% equilibrium line drawn inside each block
- Custom color and line style
- Automatically extends with the block
Blocks dynamically extend to the current bar and are hidden or shown based on proximity to price to keep the chart clean and actionable.
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BLOCK MANAGEMENT & INVALIDATION
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- Each block is stored persistently and extended forward bar-by-bar
- Bullish blocks are invalidated only when price CLOSES below the block low
- Bearish blocks are invalidated only when price CLOSES above the block high
- Invalidated blocks and their CE lines are automatically removed
- Visibility logic ensures only the most relevant structures are emphasized
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ALERT SYSTEM
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- Optional alerts when new Suspension Blocks form
- Independent toggles for bullish and bearish alerts
- Fully customizable alert messages
- Alerts can be restricted to specific trading sessions:
- Session 1 (default: 09:30–16:00 NY)
- Session 2 (optional)
- Session 3 (optional)
- Alerts include ticker and timeframe context automatically
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BEST USE CASES
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- High-probability reaction zones after displacement
- Confluence with liquidity, PD arrays, and market structure
- Execution refinement within ICT-based models
- Intraday and higher-timeframe contextual bias
- Clean, rules-based identification of inefficiency zones
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DISCLAIMER
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This indicator is provided for educational and analytical purposes only. It does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results.
© TakingProphets
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SUSPENSION BLOCKS [TAKINGPROPHETS]
-----------------------------------------------------------------------------------------------
Suspension Blocks are a new ICT concept designed to highlight price inefficiencies created by displacement and body-to-body gaps across a precise 3-candle sequence. These structures represent areas where price was temporarily “suspended” before continuation, often acting as high-probability reaction zones on future revisits.
This indicator automatically detects, visualizes, manages, and invalidates Suspension Blocks in real time, while intelligently limiting chart clutter to only the most relevant structures near current price.
-----------------------------------------------------------------------------------------------
PURPOSE AND SCOPE
-----------------------------------------------------------------------------------------------
- Detect ICT-style Bullish and Bearish Suspension Blocks using strict 3-candle body relationships
- Require measurable body-to-body separation defined in true ticks (instrument-aware)
- Automatically draw and extend Suspension Blocks forward in time
- Invalidate blocks only when price decisively closes beyond the defining boundary
- Optionally display Consequent Encroachment (50% equilibrium) within each block
- Limit on-chart visibility to the closest N blocks per side relative to current price
- Provide session-based, directional alerting for new block formations
-----------------------------------------------------------------------------------------------
WHAT IS A SUSPENSION BLOCK
-----------------------------------------------------------------------------------------------
A Suspension Block is a 3-candle displacement pattern defined by body gaps on both sides of a middle candle.
Bullish Suspension Block logic:
- Candle 1 close is BELOW Candle 2 open by at least the Minimum Body Separation
- Candle 3 open is ABOVE Candle 2 close by at least the Minimum Body Separation
- Candle 3 open is ABOVE Candle 1 close to ensure a valid vertical range
- The block spans from Candle 1 close (low) to Candle 3 open (high)
- The block remains valid until price CLOSES below Candle 1 close
Bearish Suspension Block logic (mirror conditions):
- Candle 1 close is ABOVE Candle 2 open by at least the Minimum Body Separation
- Candle 3 open is BELOW Candle 2 close by at least the Minimum Body Separation
- Candle 3 open is BELOW Candle 1 close to ensure a valid vertical range
- The block spans from Candle 1 close (high) to Candle 3 open (low)
- The block remains valid until price CLOSES above Candle 1 close
All calculations are performed using true tick values via `syminfo.mintick` to ensure precision across instruments.
-----------------------------------------------------------------------------------------------
GENERAL SETTINGS
-----------------------------------------------------------------------------------------------
- Minimum Body Separation (ticks)
- Defines the minimum required body-to-body gap between candles
- Measured in true ticks (0.25 = quarter tick, 1.0 = full tick, etc.)
- Max Visible Blocks per Side
- Limits the number of bullish and bearish blocks displayed
- Only the closest blocks to current price remain visible
-----------------------------------------------------------------------------------------------
VISUALIZATION SETTINGS
-----------------------------------------------------------------------------------------------
- Bullish Suspension Blocks
- Toggle bullish block visibility
- Custom fill color with adjustable transparency
- Optional border with selectable line style (Solid / Dashed / Dotted)
- Bearish Suspension Blocks
- Toggle bearish block visibility
- Custom fill color with adjustable transparency
- Optional border with selectable line style (Solid / Dashed / Dotted)
- Consequent Encroachment (CE)
- Optional 50% equilibrium line drawn inside each block
- Custom color and line style
- Automatically extends with the block
Blocks dynamically extend to the current bar and are hidden or shown based on proximity to price to keep the chart clean and actionable.
-----------------------------------------------------------------------------------------------
BLOCK MANAGEMENT & INVALIDATION
-----------------------------------------------------------------------------------------------
- Each block is stored persistently and extended forward bar-by-bar
- Bullish blocks are invalidated only when price CLOSES below the block low
- Bearish blocks are invalidated only when price CLOSES above the block high
- Invalidated blocks and their CE lines are automatically removed
- Visibility logic ensures only the most relevant structures are emphasized
-----------------------------------------------------------------------------------------------
ALERT SYSTEM
-----------------------------------------------------------------------------------------------
- Optional alerts when new Suspension Blocks form
- Independent toggles for bullish and bearish alerts
- Fully customizable alert messages
- Alerts can be restricted to specific trading sessions:
- Session 1 (default: 09:30–16:00 NY)
- Session 2 (optional)
- Session 3 (optional)
- Alerts include ticker and timeframe context automatically
-----------------------------------------------------------------------------------------------
BEST USE CASES
-----------------------------------------------------------------------------------------------
- High-probability reaction zones after displacement
- Confluence with liquidity, PD arrays, and market structure
- Execution refinement within ICT-based models
- Intraday and higher-timeframe contextual bias
- Clean, rules-based identification of inefficiency zones
-----------------------------------------------------------------------------------------------
DISCLAIMER
-----------------------------------------------------------------------------------------------
This indicator is provided for educational and analytical purposes only. It does not constitute financial advice. Trading involves risk, and past performance is not indicative of future results.
© TakingProphets
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Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.