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Institutional Order Block Indicator [IOB]

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🔍 Detects Institutional Activity
Identifies bullish and bearish order blocks based on:

High volume spikes (volume > 2× average)

EMA crossovers

Significant price movements

📊 Plots Order Blocks
Draws green rectangles for bullish blocks (demand zones)

Draws red rectangles for bearish blocks (supply zones)

🎯 Generates Trading Signals
Long Entry: Institutional impact shifts from negative to positive

Short Entry: Impact shifts from positive to negative

Uses a cumulative impact score to measure pressure over time

💰 Risk Management
Automatically calculates stop-loss (ATR-based) and take-profit (1.5× RR)

Plots TP/SL lines and entry price

📈 Visual Trend Line
Tracks institutional pressure direction with a color-coded line

🔔 Alerts
Sends alerts for:

New order block formation

Long/Short entry signals

✅ Suitable for: Intraday & swing trading
📉 Works best on: 15m, 1H, 4H timeframes
🎯 Goal: High-probability trades based on smart money activity.

Feragatname

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