Super OrderBlock / FVG / BoS Tools by makuchaku & eFeThis super indicator is a Swiss army knife for Smart Money traders for OrderBlocks / FVG / BoS
It provides many options for drawing (non-repainting) boxes for OrderBlocks, Fair Value Gaps (FVG) and Break of Structures. The boxes are extended into the future, until the first retest/mitigation.
Some of the additional options (not explained in the diagrams above)
PPDD OB : An order block which is formed after interacting with Liquidity (old low/high, fractal low/high, etc). Since these OB's are in the most premium or most discount, they are Premium Premium Discount Discount OB's (PPDD OB)
HVB Bars : When the volume of any bar is higher than the average volume of last N bars, it could mean something important (in the right context). Hence, the indicator allows for coloring them differently.
This indicator was built as a collaboration between @makuchaku & eFe
Pro tip : This indicator is a simply a tool to visualize trading concepts on the candle stick chart. It is the job of the trader to sequence these effectively into a profitable trade.
If you come across any bug or have a question on how to effectively use the indicator, please don't hesitate to ask questions.
Good luck & good trading!
Choch
Koalafied MSB (CHOCH) Indicator will show market structure breaks (MSB) - higher lows being broken in an uptrend and vice versa for lower highs in a downtrend.
These levels are derived from user selected pivot lengths and are plotted on the chart after the break for reference.
User option to filter MSB by the principles of a CHOCH - Change of Character which represents a possible change in market direction. A CHOCH requires a filter to be valid. The previous pivot high needs to be broken first putting in a higher high. Then if there's a break of the previous higher low the CHOCH is validated. Traders will then wait for a pullback for a retest of an orderblock/level before entering in a reversal trade. Additionally the CHOCH pullback target level, which is the candle/orderblock at the pivot prior to the MSB will be displayed and kept onscreen until broken.
As MSB are based on pivot points there is an inherent lag built into the script. The user selected length that the pivots are calculated on requires a number of bars to pass before a pivot is confirmed. Market Structure Breaks typically occur multiple bars after a pivot point so the offset isn't typically an issue, although occasionally a pivot will be validated after a MSB and it's offset plot will place it prior to the MSB.
