PROTECTED SOURCE SCRIPT
ORDER BLOCK SIGNAL FREE[BUZZARA]
Description:
The ORDER BLOCK SIGNAL FREE [BUZZARA] indicator automatically detects and visualizes bullish and bearish order blocks on the chart. It highlights potential supply and demand zones, monitors their validity over time, and tracks whether they are respected, rejected, or mitigated.
The script uses statistical Z-score analysis of price movement to identify strong bullish and bearish impulses. Each detected zone is drawn as a colored box with an optional dashed midline for reference. Zones automatically extend until they are either invalidated by price action or reach the maximum age.
Features include:
Bullish/Bearish Order Blocks: Automatically detected and displayed with customizable colors.
Overlap Prevention: Optional setting to avoid drawing overlapping zones.
Zone Expiration: Zones are removed if mitigated by price or if they exceed user-defined maximum age.
Rejection Signals: Upward ▲ or downward ▼ markers show when price rejects an order block.
Customizable Appearance: Adjustable colors, text size, and transparency.
Alert Conditions: Alerts for new bullish/bearish zones and for rejection signals.
This tool is designed for traders who use order block and supply/demand concepts in their strategy, helping them identify high-probability reversal or continuation zones with real-time alerts.
The ORDER BLOCK SIGNAL FREE [BUZZARA] indicator automatically detects and visualizes bullish and bearish order blocks on the chart. It highlights potential supply and demand zones, monitors their validity over time, and tracks whether they are respected, rejected, or mitigated.
The script uses statistical Z-score analysis of price movement to identify strong bullish and bearish impulses. Each detected zone is drawn as a colored box with an optional dashed midline for reference. Zones automatically extend until they are either invalidated by price action or reach the maximum age.
Features include:
Bullish/Bearish Order Blocks: Automatically detected and displayed with customizable colors.
Overlap Prevention: Optional setting to avoid drawing overlapping zones.
Zone Expiration: Zones are removed if mitigated by price or if they exceed user-defined maximum age.
Rejection Signals: Upward ▲ or downward ▼ markers show when price rejects an order block.
Customizable Appearance: Adjustable colors, text size, and transparency.
Alert Conditions: Alerts for new bullish/bearish zones and for rejection signals.
This tool is designed for traders who use order block and supply/demand concepts in their strategy, helping them identify high-probability reversal or continuation zones with real-time alerts.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。