Mario Order Blocks

Mario Order Block Indicator Overview

The Professional Order Block Indicator is an advanced technical analysis tool that automatically identifies and displays institutional order blocks on your chart. Based on smart money concepts, this indicator helps traders identify high-probability support and resistance zones where institutional traders have placed significant orders.

Key FeaturesAutomatic Order Block Detection

• Identifies bullish and bearish order blocks based on pivot point analysis
• Uses sophisticated algorithms to detect institutional footprints in price action
• Automatically processes historical data on startup for complete market context

Smart Historical Processing

• Loads and analyzes up to 500+ historical bars on initialization
• Intelligently filters out invalidated order blocks from historical data
• Only displays currently valid order blocks that haven't been broken by price action

Real-Time Invalidation System

• Bullish Order Blocks: Automatically removed when price closes below the block
• Bearish Order Blocks: Automatically removed when price closes above the block
• Keeps your chart clean by showing only active, unbroken order blocks

Professional Visualization

• Customizable colors for bullish (green) and bearish (red) order blocks
• Optional pivot point markers to show where order blocks originated
• Clean, professional appearance that doesn't clutter your chart
• Blocks extend dynamically as new bars form

How It WorksOrder Block Formation

1. Pivot Detection: Identifies significant pivot highs and lows using configurable period settings
2. Block Creation:
   • Bullish Blocks: Created at pivot lows, spanning from the low to the minimum of open/close
   • Bearish Blocks: Created at pivot highs, spanning from the maximum of open/close to the high
3. Historical Validation: Checks all subsequent price action to ensure blocks remain valid

Invalidation Logic

Order blocks are removed from the chart when:

• Bullish blocks: Price closes below the bottom of the block
• Bearish blocks: Price closes above the top of the block

This ensures you only see currently relevant support and resistance levels.

Input ParametersOrder Block Settings

• Pivot Detection Period: Controls sensitivity of pivot detection (default: 10)
• Bullish Block Color: Customize the color of bullish order blocks
• Bearish Block Color: Customize the color of bearish order blocks

Historical Data Settings

• Historical Bars to Process: Number of past bars to analyze on startup (default: 500)

Visual Settings

• Show Pivot Points: Toggle pivot point markers on/off
• Show Order Blocks: Toggle order block rectangles on/off

Trading ApplicationsSupport and Resistance

Use order blocks as high-probability support and resistance levels for:

• Entry points for trend continuation trades
• Target areas for counter-trend reversals
• Stop loss placement below/above key levels

Smart Money Analysis

• Identify where institutional traders have placed large orders
• Follow the "smart money" by trading in the direction of institutional flow
• Avoid trading against strong institutional levels

Multi-Timeframe Analysis

• Apply on multiple timeframes for comprehensive market analysis
• Higher timeframe blocks act as stronger support/resistance
• Lower timeframe blocks provide precise entry timing

Why Choose This Indicator?Based on institutional trading concepts used by professional traders and hedge funds Clean and Efficient

• Automatically manages order block lifecycle
• No manual cleanup required
• Optimized for performance with large historical datasets

User-Friendly

• Simple setup with intuitive parameters
• Works immediately after installation
• Suitable for both beginners and professional traders

Reliable Results

• Rigorous historical validation ensures accuracy
• Real-time invalidation keeps analysis current
• Consistent performance across all market conditions

Compatible With

• All currency pairs (Forex)
• All timeframes (M1 to MN1)
• All market sessions
• Both trending and ranging markets

Installation & Usage

1. Install the indicator on your MetaTrader 5 platform
2. Apply to any chart - historical analysis begins automatically
3. Adjust colors and settings to your preference
4. Use the order blocks as key support/resistance levels in your trading strategy

Perfect For

• Day traders seeking precise entry levels
• Swing traders identifying key support/resistance zones
• Scalpers looking for institutional footprints
• Any trader wanting to understand smart money concepts

Transform your trading with professional-grade order block analysis. Identify where the big money is positioned and trade with the institutional flow, not against it.

Disclaimer: This indicator is for educational and analysis purposes. Past performance does not guarantee future results. Always use proper risk management and never risk more than you can afford to lose