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PZ Order Block

Early reversals made easy

A personal implementation of Order Blocks, a simple yet effective position trading strategy. The trader should enter the market or look for trades in the direction of the last order block, if the price range has not been breached in the opposite direction of the breakout. Open blocks are not drawn for clarity.

[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • A bullish open block is the first bullish bar after a fresh market low
  • A bearish open block is the first bearish bar after a fresh market high
  • A signal appears when an open block is broken, becoming an order block
  • When an order block is broken to the opposite side, it becomes a reversal block
  • The indicator implements alerts of all kinds
  • It does not repaint or backpaint

Input Parameters

  • Period: Amount of bars needed to create a fresh high or low. A smaller value result in more signals.
  • Min ATR Filter: Minimum body size of the order block bar, expressed as multiplier of ATR.
  • Max ATR Filter: Maximum body size of the order block bar, expressed as multiplier of ATR.
  • Colors: Set colors and sizes for lines and arrows.
  • Alerts: Enable display/email/push/sound alerts.

    Support and questions

    Use the helpdesk for questions or timely support. Write an email to: help@pointzero-trading.com.

    Author

    Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.
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    Marzena Maria Szmit
    3.67 (3)
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    Martin Eshleman
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    Göstergeler
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    Hispraise Chinedum Abraham
    4.85 (27)
    Göstergeler
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    KERT RAEBOVOITRA
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    Bernhard Schweigert
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    Young Ho Seo
    3.67 (3)
    Göstergeler
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    Elmira Memish
    4.41 (39)
    Göstergeler
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    Kirill Borovskii
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    Marzena Maria Szmit
    5 (3)
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    Tumelo Patrick Rakotsoane
    4.6 (48)
    Göstergeler
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    PZ TRADING SLU
    2.33 (3)
    Göstergeler
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    Elmira Memish
    5 (3)
    Göstergeler
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    Young Ho Seo
    4 (4)
    Göstergeler
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    PZ TRADING SLU
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    Göstergeler
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    PZ TRADING SLU
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    Göstergeler
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    PZ TRADING SLU
    3 (5)
    Göstergeler
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    PZ TRADING SLU
    4.17 (6)
    Göstergeler
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    PZ TRADING SLU
    5 (4)
    Göstergeler
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    PZ TRADING SLU
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    Uzman Danışmanlar
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    PZ TRADING SLU
    4.46 (37)
    Göstergeler
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    PZ TRADING SLU
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    Göstergeler
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    PZ TRADING SLU
    2 (4)
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    PZ TRADING SLU
    4.5 (8)
    Göstergeler
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    PZ TRADING SLU
    2.61 (46)
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    PZ TRADING SLU
    4.95 (22)
    Göstergeler
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    PZ TRADING SLU
    4.67 (6)
    Göstergeler
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    PZ TRADING SLU
    4.07 (14)
    Göstergeler
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    PZ TRADING SLU
    4.54 (13)
    Göstergeler
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    PZ TRADING SLU
    2.83 (6)
    Göstergeler
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    PZ Wolfe Waves MT5
    PZ TRADING SLU
    Göstergeler
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    PZ TRADING SLU
    5 (1)
    Göstergeler
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    PZ TRADING SLU
    4 (2)
    Göstergeler
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    PZ TRADING SLU
    5 (4)
    Göstergeler
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    PZ TRADING SLU
    3.77 (13)
    Göstergeler
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    PZ TRADING SLU
    3.8 (10)
    Göstergeler
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    PZ Sandwich Bars MT5
    PZ TRADING SLU
    5 (2)
    Göstergeler
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    PZ Trendlines
    PZ TRADING SLU
    4.64 (11)
    Göstergeler
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    PZ Market Profile
    PZ TRADING SLU
    3.91 (11)
    Göstergeler
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    FREE
    PZ Candlestick Patterns MT5
    PZ TRADING SLU
    Göstergeler
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    PZ TRADING SLU
    1 (1)
    Göstergeler
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    PZ TRADING SLU
    4.64 (14)
    Göstergeler
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    PZ Oscillator
    PZ TRADING SLU
    3 (10)
    Göstergeler
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    PZ Lopez Flow MT5
    PZ TRADING SLU
    4.5 (4)
    Göstergeler
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    FREE
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    Sürüm 1.2 2021.05.23
    - Added max atr filter
    - Drawing Bug fixes