Order Blocks
An order block reveals the pile-up of orders by buyers or sellers. It usually refers to large institutions and market makers' orders.
Check the box to activate them. You will see them appear on your chart.
Offset: Order blocks need to be validated. That's why they appear with a delay. You can choose how many candles it takes to confirm an order block. By default, it is five.
Reading
A Bullish OB refers to a price zone reached when a security's price has fallen to a predicted low, known as a support level.
A bullish OB is a lower boundary the asset has not previously broken through.
A bullish OB provides high-probability areas where a reversal or continuation of the trend may occur.
A Bearish OB refers to a price zone reached when a security's price has risen to a predicted high, known as a resistance level.
A bearish OB is a higher boundary the asset has not previously broken through.
A bearish OB provides high-probability areas where a reversal or continuation of the trend may occur.
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