Ved Order Blocks

Overview
Ved Order Blocks identifies critical supply and demand zones where significant buying and selling pressure exists.
The indicator automatically detects, validates, and displays high-probability support/resistance areas on your chart.

What Makes This Indicator Unique?

Micro-Level Detection System:
This indicator uses a high-period Relative Strenght Index to detect micro-level crossovers.
The high period length is specifically chosen to create a smooth line that filters out market noise completely.
This smooth calculation allows the indicator to catch precise Important levels that shorter periods would miss.

Smart Zone Filtering:
Unlike traditional order block indicators that show every single zone (creating chart clutter), Ved Order Blocks only displays overlapping zones.
When multiple order blocks stack on top of each other at the same price level, it indicates strong market interest.
Single, isolated zones are automatically hidden from your chart - you only see high-quality confluence areas where multiple zones converge.

Continuous Zone Tracking:
The indicator continuously tracks all order blocks in the background.
It monitors which zones are forming and where they overlap.
Only when zones overlap with each other does the indicator display them on your chart.
This ensures you're only seeing the most important levels where multiple orders are stacked.

Strength-Based Classification:
When order blocks form near the momentum centerline (around 50 level) AND near major moving average levels, the indicator marks them as "Strong Bullish OB" or "Strong Bearish OB" with special colored borders.
These points are particularly powerful because they represent both momentum equilibrium and trend support/resistance - the good setup for significant market moves.

How It Works


Monitors Micro levels of Relative Strenght Index
Each level represents potential high-activity zones
This range filters out noise and captures only significant moves

Step 2: Zone Creation

When momentum crosses upward: Creates Bullish Order Block (demand zone)
When momentum crosses downward: Creates Bearish Order Block (supply zone)
Uses the candle's high and low at crossover point

Step 3: Confirmation Delay

New zones enter a "pending" queue
Must survive 6 bars (default) before appearing
This filters out false signals
Only validated zones show on chart

Step 4: Size Filter (Optional)

Removes zones larger than 1.5% of current price (default)
Large zones are often unreliable
Keeps only actionable zones

Step 5: Overlap Detection

Compares all active order blocks continuously
Tracks which zones are overlapping with each other
When 2+ zones overlap = Premium confluence zone
Overlapping zones get higher strength ratings
IMPORTANT: Only overlapping zones are displayed on chart
Single zones are tracked but not shown (reduces clutter)
This ensures you only see high-quality levels


Strong Orderblocks



Type 1: Centerline Zones (Yellow Border)

Order blocks that form when momentum is near the Centerline
Represents perfect balance between buyers and sellers
Often leads to explosive moves as equilibrium breaks

Type 2: Major MA Zones (Orange Border)

Order blocks that form near the major moving average
Represents alignment with long-term trend
Acts as major support/resistance for large market participants

Type 3: Super Strong Zones (Purple Border)

Order blocks that meet BOTH conditions simultaneously
Highest probability setups


Settings Explained
Core Settings
Bar Delay (Default: 6)

Bars to wait before showing zone
Higher = fewer but reliable zones
Lower = more zones but more false signals

Order Block Sensitivity (Default: 10)

Detection frequency adjustment
Range: 1-20

Show Last Order Blocks (Default: 500)

Maximum zones displayed
Prevents chart clutter

Mitigation Method

Close: Zone breaks when candle closes beyond it
Wick: Zone breaks when price wicks through it

Order Block Style

Candle Body: Uses only body (tighter zones)
Full Candle: Uses full candle with wicks

Filters
Use Volume for Strength (Default: ON)

Includes volume in strength calculation
Recommended to keep ON

Filter Out Large Order Blocks (Default: OFF)

Enable to remove oversized zones
Set max size as % of price (default 1.5%)

Show Only Strong Order Blocks (Default: OFF)

Only displays yellow/orange/purple zones
Hides standard white border zones

Strength Settings
Centerline Sensitivity (Default: 0.1)
Increase for more zones, decrease for fewer

Highlight Strong OBs (Default: ON)

Enables orange border feature

Proximity Threshold (Default: 0.2%)

0.2% = tight confluence
Increase for more highlights

Timeframe Settings
Scalping (1m-5m)

Bar Delay: 3-5
Show Last OBs: 100
Show Only Strong: ON
Mitigation: Wick

Day Trading (15m-1H)

Bar Delay: 6-8
Show Last OBs: 200
Show Only Strong: OFF
Mitigation: Close

Swing Trading (4H-Daily)

Bar Delay: 8-12
Show Last OBs: 300
Show Only Strong: ON
Mitigation: Close

Key Advantages:
Eliminates chart clutter by showing only overlapping zones
High-period calculation filters all market noise
Automatic strength classification with visual indicators
Works on all timeframes and markets
Fully customizable to match your trading style
Auto-removes broken zones to keep chart updated

Important Limitation:
This indicator uses long period calculations.
Due to these high period requirements, the indicator's performance may vary for free TradingView users who have limited historical data access.
This indicator is best suited for TradingView paid plan users (Essential, Plus, or Premium) as they have access to extensive historical data, which allows the indicator to calculate and display zones more accurately and consistently across all timeframes.