OPEN-SOURCE SCRIPT

Relevant Order Blocks Detector (BOS + Displacement)

99
This indicator is designed to identify only the most relevant Order Blocks, filtering out market noise and low-quality zones.

It detects Order Blocks based on real Break of Structure (BOS) combined with strong displacement, ensuring that each marked zone represents institutional activity rather than random price movement.

A Bullish Order Block is formed when the last bearish candle before a strong bullish impulse breaks the previous structure high.
A Bearish Order Block is formed when the last bullish candle before a strong bearish impulse breaks the previous structure low.

Only Order Blocks that meet strict strength and structure conditions are displayed, making the indicator ideal for scalping, intraday trading, and CRT-based strategies.

Key Features:

Break of Structure (BOS) confirmation

Strong impulse (displacement) filter

Noise reduction (high-quality OBs only)

Clean and minimal chart visualization

Suitable for 5m, 15m, and 1H timeframes

This tool is best used in confluence with liquidity sweeps, FVGs, and session timing rather than as a standalone signal.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.