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Mohammad - OBs, BOS, S/R, Elliott Waves & Trend Lines

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Professional Trading Indicator System - Technical Analysis Suite
Overview


Advanced technical analysis system integrating ICT/SMC methodologies with classical analysis tools. Features seven analytical components for comprehensive market structure analysis.
Components
1. Order Blocks (ICT/SMC)
Identifies institutional accumulation/distribution zones acting as future support/resistance.

Detection: Automatic identification based on price rejection patterns
Management: Dynamic updates and removal of invalidated blocks
Configuration: Sensitivity levels (High/Medium/Low), ATR-based parameters
Visual: Green support, red resistance with transparency

2. Break of Structure (BOS)
Detects significant structural breaks indicating trend changes.

Method: 5-bar swing point formation
Display: White horizontal lines with labels
Range: 50-bar maximum lookback

3. Support & Resistance
Classical horizontal levels from significant price pivots.

Analysis: 300-bar historical scan
Filter: 10-point duplicate tolerance
Display: Maximum 15 levels within 5% of current price

4. Fair Value Gaps (FVG)
Price inefficiencies that often get filled on return.

Types: Bullish gaps (up) and bearish gaps (down)
Size: Minimum 0.1 ATR or 5 points
Management: Auto-removal when filled

5. Elliott Wave Analysis
Advanced pattern recognition for impulse and corrective waves.

Patterns: 5-wave impulse (1-2-3-4-5), 3-wave corrective (A-B-C)
Adaptive: Auto-adjusts to timeframe (3-10 depth range)
Display: Small dots with large numbers, starts from hidden point 0

6. 45-Degree Momentum Lines
Revolutionary projection system based on consecutive candle sequences.
Bearish Lines (Red):

Trigger: 5+ consecutive red candles
Start: HIGH of first red candle
Labels: B1-B5

Bullish Lines (Green):

Trigger: 5+ consecutive green candles
Start: LOW of first green candle
Labels: T1-T5

Specifications:

Angle: 45° using ATR * 0.15
Extension: 30 bars forward
Display: 5 most recent patterns

7. Classical Trend Lines
Multi-touch diagonal support/resistance detection.

Validation: Minimum touch requirements
Tolerance: ATR-based touch detection
Display: Blue lines with optional labels

Configuration Summary
Global Settings:

Show/hide each component individually
Customizable colors and line widths
Label size options

Performance:

50-bar periodic cleanup
Maximum object limits (500 each)
Conditional processing on bar close

Trading Applications
Scalping: Order Blocks + FVGs + 45° Lines
Day Trading: All components with BOS emphasis
Swing Trading: Elliott Waves + Trend Lines
Position Trading: Major levels + Elliott Waves
Key Strategies:

Use 45° line bounces for entries
Combine Order Blocks with 45° lines for confluence
Confirm BOS breaks with 45° line violations
Place stops beyond projection lines

Technical Requirements

Platform: TradingView Pine Script v5
Minimum: 300 historical bars
Optimal: 15m-4H timeframes
Performance: Moderate CPU usage

Color Scheme

Green: Bullish/Support (#26a69a)
Red: Bearish/Resistance (#ef5350)
White: BOS/S&R lines
Blue: Elliott Waves/Trend Lines
Customizable: 45° projection lines

Risk Disclaimer
Educational tool only. Not financial advice. Combine with risk management and personal analysis. Past performance doesn't guarantee future results. Trading involves substantial risk.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.