Specification
Oasis Indicator
1. Identify break of structure = BoS line
2. Identify Order block = block
3. Identify higher time frame Point Of Interest (POI) = outline
4. Identify when OB is ignored turns into breaker block candle close = block
5. Identify Liquidity ray line with indicator attached
6. Identify Change of direction CHOCH ( when Break of structure then break of swing in opposite direction then back to breaker block or OB which created break or which got ignorned) = block
Indicator available that performs 1,2,3 already but new indicator needs to be created to do everything
All blocks must be customizable ( time frame, colour, outline or solid )
Features
Auto Mark Break of Structure Auto Mark Order block ( full wick to wick or wick to body )
Auto Mark breaker block ( full wick to wick or wick to body )
Auto Mark Choch Auto Mark higher time frame Point Of Interest (POI)
Auto Mark LIQ with ray line Popup Alert, notificaton when price is in Order block/ Breaker block, choch and / or as well as POI is touched
Filter option only show OB and breaker block in POI and on certain time Buttons on/off function
show Indicator Suggested Entry / Stop with Risk / Reward Line Function to Show Imbalances
I have indicator for liquidity and similar one for the order blocks.
EA based on indicator above
strategy Entry 1
When price is in POI block 1hrs and order block 15min,
- Place entry depending on Entry choice % within block or out side block
along with stoploss dependent on stop loss choices below
(custom time frame for POI block and order block) take profit option below
strategy entry 2
at current price entre at 15 min order block closest to current price Place entry depending on ( Entry choice % within block or out side block ) -
sl out side ob -
for price to go in opporsite direction
take profit options below.
strategy 3
when in POI 1 hr and 15min OB and choch identified in 1min time frame entre based on choch block take profit options available as well as sl
strategy 4
when in POI 1 hr and choch identified in 1min time frame entre based on choch block take profit options available as well as sl
for all strategyies
option to place three trades but with different take profit options
option to move trade to breakeven after number pips met
option to trade only certain time
Entry choices
Entry ob or break block set enry outside OB,breaker block, choch block pips customizable eg 1 to 100 pips
Entry set in block 25%, 50%, 75 % of OB (customizable)
Order block can only be used twice.
Stop loss
Stop loss set outside OB pips customizable eg 1 to 100 pips
trailing stop option
Take profit options
1 opporsite POI block 1hr or opporsite OB 15min
2 Liquidity ray line
3 touch on psycholocial numbers, I have the indicator
Features Risk per day limit number trades per day
option to compound
Filter based on times to only trade in day
Filter only trade breaker block and POI