INVITE-ONLY SCRIPT
Order Blocks with Buy/Sell Signals (3M Capital)
The optimal timeframes for trading with the "Order Blocks with Signals" indicator (a Pine Script tool that identifies swing-based pivot points, projects order block zones using percentile calculations from historical price and bar deltas, and generates buy/sell signals at new pivots) depend on factors like the asset class (e.g., forex, crypto, stocks), market volatility, and the trader's style (scalping, day trading, or swing trading). The indicator's core logic relies on a swing length of 20 periods to detect highs/lows, which covers varying real-world time spans depending on the chart timeframe—e.g., ~1.7 hours on a 5-minute chart, ~20 hours on a 1-hour chart, or ~20 days on a daily chart. This makes it versatile, but it performs best where swings are meaningful and noise is manageable.Based on analysis of similar order block indicators and strategies on TradingView, here's a breakdown of recommended timeframes:1. Short-Term Trading (Scalping or Quick Intraday Trades)
Recommended Timeframes: 5-minute (M5) to 30-minute (M30) charts.
Why It Works Well: These capture short-term momentum shifts and frequent signals from minor swings. The zone projections (based on the 75th percentile of past deltas by default) can forecast quick price extensions, allowing for rapid entries on buy/sell labels (e.g., enter long on a "Buy" signal at a bullish pivot, targeting the zone's projected end). Use tight stops above/below the pivot and aim for 1:1 to 1:2 risk-reward. Backtesting on M30 has shown good accuracy for order block detection in pairs like EUR/USD.
Tips for This Indicator: If signals feel noisy, increase the swing length (e.g., to 30-50) to filter smaller swings, or enable "No Overlapping Zones" to avoid clutter. Avoid very low TFs like 1-minute if volatility is high, as percentile-based zones may overproject.
2. Medium-Term Trading (Day Trading or Short Swing Trades)Recommended Timeframes: 1-hour (H1) to 4-hour (H4) charts.
Why It Works Well: These strike a balance between reliability and frequency. Order blocks on H1/H4 tend to represent institutional interest (e.g., areas of limit order accumulation), making signals more predictive. The indicator's forward-projecting zones can anticipate moves over several hours to a day, ideal for holding trades through sessions. Examples from gold (XAU/USD) and forex pairs show strong performance here, with H4 often used to spot liquidity zones tied to order blocks.
3. Long-Term Trading (Swing or Position Trades)Recommended Timeframes: Daily (D1) or higher (e.g., weekly).
Why It Works Well: Higher TFs reduce false signals from noise, and the zones project significant moves (e.g., weeks to months). This aligns with the indicator's percentile approach, which draws from up to 1,000 past reversals for robust stats. Signals are rarer but higher-probability, suitable for trend-following.
Tips for This Indicator: Enable "Show Only Last Zone" for cleaner charts. Normalization (if enabled) helps with percentage-based assets like crypto.
General Strategy Tips Across TimeframesMulti-Timeframe Approach (Highly Recommended): Identify key order blocks on a higher timeframe (e.g., H4 or D1 for structure) and switch to a lower timeframe (e.g., M15 or H1) for precise entries on signals. This filters noise and aligns with smart money concepts—refine broad zones by checking for breaks of structure or fair value gaps on the lower TF. The indicator isn't inherently multi-timeframe (MTF), but it can be applied manually across charts or modified to incorporate MTF data if needed.
Asset Considerations: For volatile markets like crypto (e.g., BTC/USDT), favor M5-H1 to catch quick reversals. For forex/commodities, H1-H4 excels due to session-based liquidity.
Customization and Testing: Adjust the zone percentile (default 75) lower for tighter zones on short TFs or higher for expansive ones on long TFs. Always backtest on historical data for the specific asset—e.g., the indicator's signals have shown effectiveness on M15-M30 for intraday setups.
Risk Management: Trade in the direction of the overall trend; use the projected zone end as a take-profit target, and place stops beyond the pivot price.
This guidance is drawn from established order block trading practices, where higher TFs provide consistency while lower ones offer timing.
Recommended Timeframes: 5-minute (M5) to 30-minute (M30) charts.
Why It Works Well: These capture short-term momentum shifts and frequent signals from minor swings. The zone projections (based on the 75th percentile of past deltas by default) can forecast quick price extensions, allowing for rapid entries on buy/sell labels (e.g., enter long on a "Buy" signal at a bullish pivot, targeting the zone's projected end). Use tight stops above/below the pivot and aim for 1:1 to 1:2 risk-reward. Backtesting on M30 has shown good accuracy for order block detection in pairs like EUR/USD.
Tips for This Indicator: If signals feel noisy, increase the swing length (e.g., to 30-50) to filter smaller swings, or enable "No Overlapping Zones" to avoid clutter. Avoid very low TFs like 1-minute if volatility is high, as percentile-based zones may overproject.
2. Medium-Term Trading (Day Trading or Short Swing Trades)Recommended Timeframes: 1-hour (H1) to 4-hour (H4) charts.
Why It Works Well: These strike a balance between reliability and frequency. Order blocks on H1/H4 tend to represent institutional interest (e.g., areas of limit order accumulation), making signals more predictive. The indicator's forward-projecting zones can anticipate moves over several hours to a day, ideal for holding trades through sessions. Examples from gold (XAU/USD) and forex pairs show strong performance here, with H4 often used to spot liquidity zones tied to order blocks.
3. Long-Term Trading (Swing or Position Trades)Recommended Timeframes: Daily (D1) or higher (e.g., weekly).
Why It Works Well: Higher TFs reduce false signals from noise, and the zones project significant moves (e.g., weeks to months). This aligns with the indicator's percentile approach, which draws from up to 1,000 past reversals for robust stats. Signals are rarer but higher-probability, suitable for trend-following.
Tips for This Indicator: Enable "Show Only Last Zone" for cleaner charts. Normalization (if enabled) helps with percentage-based assets like crypto.
General Strategy Tips Across TimeframesMulti-Timeframe Approach (Highly Recommended): Identify key order blocks on a higher timeframe (e.g., H4 or D1 for structure) and switch to a lower timeframe (e.g., M15 or H1) for precise entries on signals. This filters noise and aligns with smart money concepts—refine broad zones by checking for breaks of structure or fair value gaps on the lower TF. The indicator isn't inherently multi-timeframe (MTF), but it can be applied manually across charts or modified to incorporate MTF data if needed.
Asset Considerations: For volatile markets like crypto (e.g., BTC/USDT), favor M5-H1 to catch quick reversals. For forex/commodities, H1-H4 excels due to session-based liquidity.
Customization and Testing: Adjust the zone percentile (default 75) lower for tighter zones on short TFs or higher for expansive ones on long TFs. Always backtest on historical data for the specific asset—e.g., the indicator's signals have shown effectiveness on M15-M30 for intraday setups.
Risk Management: Trade in the direction of the overall trend; use the projected zone end as a take-profit target, and place stops beyond the pivot price.
This guidance is drawn from established order block trading practices, where higher TFs provide consistency while lower ones offer timing.
Skrip jemputan sahaja
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact CapitalHoldings3M directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Arahan penulis
This indicator identifies order blocks based on swing pivot points, projecting forward zones using percentile-based calculations from historical price and bar deltas. It generates buy/sell signals at new pivots, helping traders spot potential reversals.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Skrip jemputan sahaja
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact CapitalHoldings3M directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Arahan penulis
This indicator identifies order blocks based on swing pivot points, projecting forward zones using percentile-based calculations from historical price and bar deltas. It generates buy/sell signals at new pivots, helping traders spot potential reversals.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.