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Origin Order Block MT4 Indicator
What is an Origin Order Block?
An ‘Origin’ order block is defined as an order block that is always
positioned at the extremities of the current range (usually called the
‘External Range’):
Because they’re located at the extremities of the external range, this usually guarantees that price will react (retrace/reverse) when it touches them. This is why they are my favourite order block to trade from!
This ‘Smart Money’ indicator allows you to set your own external range to highlight origin order blocks on any MT4 chart, and alerts to popup, push & email.
Trader X tip: I run this indicator on the H4 chart of a few of my favourite instruments with the Alert set for TRENDING origin order blocks. If I get an alert I know that if I can secure a trade entry, I have a great chance of catching an awesome trade with many pips!!
Copy/Paste the link: https://mastertradersecrets.com
SMART MONEY CONCEPTS
The number one reason traders lose money is because they trade against the Smart Money. The only way to win consistently in the Forex market is to follow the Smart Money, to trade with them & not against them.
Smart Money trading is one of the best kept secrets in Forex. Trading with smart money concepts works better than ANY retail trading strategy. Once you discover smart money concepts (market structure, order blocks, mitigation, market imbalances and fair value gaps) you can implement these concepts to your own style of trading and see tremendously improved results!
Not familiar with “Smart Money” concepts? Want to learn?
All of my products come with 25+ hours of Smart Money video courses (in full HD) by some of my mentors, a VERY valuable education! The video download links are contained in our Telegram membership group (You become a member with any purchase of my products).
Origin order block trades WITH the current trend will usually give you many more pips, as you are basically waiting for a 90% retracement of the current range. Sometimes these large retracements will not happen and you will miss the trade, but when you do manage to catch these trades they tend to offer really high rewards verses risk on entry:
The on-chart ‘look-back line’ is selectable and draggable, allowing you to set the amount of candles that the indicator will look back to highlight the ‘external range’ of your choice:
Here we have 2 pics of the same chart. On the 2nd pic you can see that we dragged the look-back-line to the left, selecting a new ‘external range’.
Choose to highlight the origin order block ‘candle with wicks’ or ‘candle body only’:
Origin Order Block MT4 Indicator Settings:
> Display OB Option – Allows you to display:
* Both Bullish and
Bearish origin order blocks
* Bullish origin order
blocks only
* Bearish origin order
blocks only
* Hide all origin order
blocks
> Look-back Candle Count – Set the amount of candles that the
indicator will look back to highlight the ‘external range’ origin order
blocks
> OB Candle Type – Choose to highlight the origin order blocks
candle (body) only, or to highlight the origin order blocks candle body
AND its wicks
> === Alerts ===
* Popup Alert – Alert
will trigger the popup window and an alert sound
* Push Alert – Alert will
trigger a message sent to your cell phone
* Email Alert – Alert
will trigger a message sent to your email address
> Candle Delay For Alerts – Will delay the Alert trigger for the
amount (of candles) entered here. (Sometimes price will touch the
‘Origin’ order block in the first few candles as price moves away, so
setting a delay will stop these ‘false’ triggers).
> === Visualization ===
> Show Look-back Line – Select true or false to display the
look-back line on the chart
> Auto-move Look-back Line – Select true or false. If set to
‘true’ the look-back line’ will automatically ‘trail’ the current candle
by the amount of candles set in the ‘Look-back Candle Count’ setting. If
set to ‘false’ the Look-back line will remain stationary
> Look-back Line Color – Select the color of your choice
> OB Candle Capture – Choose to highlight all the candles that
make the origin order block (whole OB) or the last candle of the origin
order block only (last candle only)
> OB Box Length, Bars – If set to 0 (zero) the origin order block
box will extend all the way to the current candle. If any other number
is used the origin order block box will extend to that amount of candles
> OB Box Type – Choose to highlight the origin order block box as
either an ‘outline’ or a ‘filled’ color box
> Bull Box color – Select the color of your choice
> Bear Box color – Select the color of your choice
This is just a brief description on this product. For more detailed information on this indicator please visit the webpage. Copy & paste this URL: https://mastertradersecrets.com/origin-order-blocks
_________________________________________________________________________________
Package Includes:
* 1 Custom Coded MT4 Indicator
* User guide PDF featuring setup & operating instructions
* Access to our private "Master Trader Secrets" Telegram group
* BONUS! 25 + hours downloadable
"Smart Money" Video Courses. A VERY Valuable education!
License Terms:
This software is for personal use only and may not be resold or redistributed under any circumstances.
Shipping Information:
Fast Delivery! Products are usually sent within an hour of purchase. You will receive the product in a Zip file via email. WE DON'T SEND A CD OR ANY OTHER HARD COPY TO YOUR PHYSICAL ADDRESS
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Fast Delivery! Products are usually sent within an hour of purchase. You will receive the product in a Zip file via email. WE DON'T SEND A CD OR ANY OTHER HARD COPY TO YOUR PHYSICAL ADDRESS.
If you have any questions please contact me, I will be happy to answer any questions.
Given the nature of product it can be immediately replicated, therefore we do not accept returns after delivery. If you have any questions, please ask before purchase.