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Auto Order Blocks

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JTS Auto Order Blocks is a Pine Script™ V5 indicator that automatically detects and marks key institutional order blocks on your chart:

• Bearish Order Blocks (red lines) mark the last bullish candle before a sharp drop.
• Bullish Order Blocks (green lines) mark the last bearish candle before a strong rise.

Features & Inputs:

Lookback window (default 100 bars)

Toggle on/off bullish or bearish blocks

Lines extend to the right for easy future resistance/support identification

How it works:

Scans backward for the final “engine” candle that triggered a momentum move.

Draws a horizontal line at that candle’s high (bearish) or low (bullish).

Helps you spot unfilled institutional liquidity zones where price often retraces and reacts.

Usage Tips:

Use on higher timeframes (1H+) for cleaner signals.

Watch for price retests of the marked blocks to enter trades in the direction of the original move.

Feel free to tweak the lookback period and show/hide blocks to suit your trading style.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.