CEF Order Blocks MT5

CEF ORDER BLOCK SIGNALS

Description

This indicator points out zones in which, with a high probability, institutional orders with the potential to change the price’s direction and keep moving towards it, have been placed. 

How is this indicator useful?

•  It will allow you to trade on the order’s direction, once its direction has been identified.
• It will allow you to trade retracement or breakout patterns, everytime they occur in a given zone.
• You’ll be able to identify potential resistance or support levels. Be mindful that you can use these levels as take profit zones.
• You’ll be able to combine this indicator with trend and market maker patterns. In order to identify these patterns, both the “Trend Force” and “TDI Pro Signals” indicators are highly recommended.

Components

• Horizontal green lines: These represent bullish order blocks.
• Horizontal red lines: These represent bearish order blocks.
• Green, red Arrows: Bullish or Bearish signal of recent OB Formed
• Yellow Arrows: Bullish or Bearish signal of Breakout of OB.