OPEN-SOURCE SCRIPT
Order Blocks with Volume - Anticipating Seconds
Order Blocks with Volume – Anticipated Entry
This Pine Script identifies order blocks based on price consolidation and breakout patterns, with additional volume analysis to help predict and anticipate market entries.
Key Features:
Consolidation Detection: Identifies periods of price consolidation within a user-defined lookback period (in minutes).
Volume Analysis: Utilizes relative, simple, or weighted volume to assess the strength of the consolidation breakout.
Anticipated Entry: The script predicts order blocks ahead of time using smaller intervals (like 10, 20, or 30 seconds) by converting these into bars, anticipating breakouts before they appear on the 1-minute chart.
Breakout Detection: Detects bullish and bearish breakouts based on previous high/low levels and plots the corresponding order block on the chart.
Customizable Parameters: Users can set the consolidation lookback, volume thresholds, and maximum number of order blocks to be displayed.
Usage:
This script helps traders identify high-volume order blocks and predict breakout opportunities, offering insights into market direction with enhanced anticipatory signals. Perfect for traders looking to time entries more effectively based on volume dynamics and price structure.
Feel free to adjust or refine the description as needed before publishing!
This Pine Script identifies order blocks based on price consolidation and breakout patterns, with additional volume analysis to help predict and anticipate market entries.
Key Features:
Consolidation Detection: Identifies periods of price consolidation within a user-defined lookback period (in minutes).
Volume Analysis: Utilizes relative, simple, or weighted volume to assess the strength of the consolidation breakout.
Anticipated Entry: The script predicts order blocks ahead of time using smaller intervals (like 10, 20, or 30 seconds) by converting these into bars, anticipating breakouts before they appear on the 1-minute chart.
Breakout Detection: Detects bullish and bearish breakouts based on previous high/low levels and plots the corresponding order block on the chart.
Customizable Parameters: Users can set the consolidation lookback, volume thresholds, and maximum number of order blocks to be displayed.
Usage:
This script helps traders identify high-volume order blocks and predict breakout opportunities, offering insights into market direction with enhanced anticipatory signals. Perfect for traders looking to time entries more effectively based on volume dynamics and price structure.
Feel free to adjust or refine the description as needed before publishing!
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
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.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
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.