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Indicator on TradingView
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Breaker Blocks + Order Blocks Indicator
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Age 3+
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level: Advanced
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English
Author's Instructions
The Breaker Block + Order Block (BBOB) Indicator identifies the overlap between Order Blocks and Breaker Blocks, highlighting potential price reaction zones. These overlaps, within the framework of the ICT trading style, act as support and resistance levels.
Order blocks are areas on the chart where large financial institutions and high-volume traders place their orders. Due to the high volume of buy (Buy) or sell (Sell) orders, these zones are critical for price reversals or temporary trend pauses.
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Indicator on TradingView
-
Breaker Blocks + Order Blocks Indicator
-
Age 3+
-
level: Advanced
-
English
Author's Instructions
The Breaker Block + Order Block (BBOB) Indicator identifies the overlap between Order Blocks and Breaker Blocks, highlighting potential price reaction zones. These overlaps, within the framework of the ICT trading style, act as support and resistance levels.
Order blocks are areas on the chart where large financial institutions and high-volume traders place their orders. Due to the high volume of buy (Buy) or sell (Sell) orders, these zones are critical for price reversals or temporary trend pauses.