Orderflow IRL to ERL (Arjo / Pickle)

5 hari lalu

This indicator visualizes recent order flow on the chart.
It is inspired by the trading approaches of Arjo and Sir Pickle (find them on YouTube).

Core idea: trade within the defined context when price rejects from IRL (internal liquidity).

kelmarin

Nota Keluaran

⚙️ Context Settings
Side – Sets the direction of the context (Bullish / Bearish).

Auto – Automatically determines context based on the latest FVG-leg. Manual override available.

FVG – Choose to display all Fair Value Gaps (FVGs) or only those from the current leg.

🚨 Alerts
Context New – Fires when a new context leg is formed.

FVG New – Fires when a new FVG appears within the current context.

FLOD Rejection – Fires when price rejects from the First Line of Defense.

ERL Taken – Fires when an External Liquidity (ERL) level is taken within the current context.

LLoD Taken – Fires when the Last Line of Defense (swing point) is taken.

🔧 More Settings
FVG Count – Number of FVGs to display on the chart.

Swing Lines – Number of swing lines used for Overlapping Defense (OD).

Look Back – Max number of bars to consider for analysis.

Lines Offset – Pixel/price offset applied to indicator lines (e.g., ERL, LLoD).

Swing Length – Number of bars used to define swing points.