Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
It draws blocks on every candle in the chart, highlighting valid Order Blocks (OB) for bullish and bearish setups using advanced price action criteria. Ideal for SMC (Smart Money Concepts) traders.
**Key Features:**
- Renders rectangles on all analyzed candles (up to 500 bars), with future projection and offsets.
- Detects OBs: Bullish (blue, OB↑) and Bearish (red, OB↓) based on candle pressure, minimum size, and structure breaks.
- Custom alerts: Popup, push notifications, and logs for real-time new OBs.
- Full customization: Colors, block height/width (% and bars), labels, pre-movement candle prediction (0-4), and pip filters.
- Works on any timeframe/pair in forex, stocks, or crypto.
Free MQ5 source code for live trading and backtesting. Keywords: MT5 order block indicator, OB detector MQL5, order blocks alerts, price action tool MT5. Enhance your technical analysis now!
