THE AV BREAKERTHE SHARKFIN
The AV Breaker uses a TDI to define sharkfins. You can set it up so it only
alert sharkfins at a specific level. Like 70/30 above/below. Or at anytime
it sharkfin the upper/lower band (Not using any level criteria.)
THE BREAKER
A breaker happens when an order block is taken out after a sharkfin setup.
This gives a HIGH probabillity reversal signal. If used with your own
higher Timeframe strategy.
THE ALERTS
The AV Breaker has built in Alert Function. You can however tell The AV breaker
what hours you want to see the alerts. You can also color the chart with a click
of a button during your alert hours session.
The Alert Session Plotted on Chart uses New York Time.
Settings:
- Time Session (Between what hours you want alert to be active)
- Highlight Session Range If you want chart to color selected "Time Sessiion Hours"
- Number of candles in The Order Block (Set your requirement for an Order Block)
TDI Settings: (The TDI do not need to be added to chart, but can be handy visually to add)
- TDI Low Level: 30 Default
- TDI High Level: 70 Default
- Use High/Low TDI Levels (If sharkfin has to be created above/below choosen TDI Level)
-- (Plus you can set any number on The TDI (Bands, RSI, MA's etc) --
How to use:
How you use it is up to you. However upon signal of The Breaker it can be good to wait
for a pullback to breaking opposite candle, or use a simple ABC 50% Fibs or similar.
Breakerblock
Block_Saver_v1This is a script that lets you manually add in a "Zone" by top and bottom price, which I intended to use so I could "Save" or "Trace Over" lines from the Breakers/OrderBlock indicator. This is so you can take the same drawing across different time-frames and charts, and color-code them.
In the future I will be adding labels to the top and/or bottom of blocks so you can annotate more specifically which time-frame they were formed on, price level, etc.
[astropark] Breaker Blocks, Supply Demand Order BlocksDear Followers,
today a new powerful indicator! Welcome to the great world of Breaker Blocks (BB) and Supply-Demand Order Blocks !
So what's the point? As always, the point is how to trade as safer as possible!
Breaker Blocks are price ranges where you simply have to wait for a pullback and sell-buy on its touch and price bounce, like in the screenshot below:
Supply and Demand are very important concepts, synonymous of Support and Resistance in most cases.
You should never sell whenever near a demand/support zone, unless price breaks through it as too weak. The same for supply/resistance: you should not buy near resistance, as most times you may start a trade with very high losing risk.
Here a screenshot how indicator works showing supply and demand order blocks (just enable them from indicator's option):
This indicator
can analyze chart based on high-low candle prices or open-close one
can show you Breaker Blocks (BB)
can show you Supply & Demand Order Blocks (OB)
lets you decide if you want to see high-low or open-close range of each OB
lets you edit the analysis window
lets you see local tops and bottoms of price as labels
This is a premium indicator , so send me a private message in order to get access to this script .
