CEF ORDER
BLOCK SIGNALS
Description
This
indicator points out zones in which, with a high probability, institutional
orders with the potential to change the price’s direction and keep moving
towards it, have been placed.
How is this
indicator useful?
- It
will allow you to trade on the order’s direction, once its direction has been
identified.
- It
will allow you to trade retracement or breakout patterns, everytime they occur
in a given zone.
- You’ll
be able to identify potential resistance or support levels. Be mindful that you
can use these levels as take profit zones.
- You’ll
be able to combine this indicator with trend and market maker patterns. In
order to identify these patterns, both the “Trend Force” and “TDI Pro Signals”
indicators are highly recommended.
Components
- Horizontal
green lines: These represent bullish order blocks.
- Horizontal
red lines: These represent bearish order blocks.
- Green, red Arrows: Bullish or Bearish signal of recent OB Formed
- Yellow Arrows: Bullish or Bearish signal of Breakout of OB.
Suggested indicators
CEF Order Block Signals is designed to work and complement its signals with following indicators:
General Indicators
Trend Indicators
Pattern Tools