PROTECTED SOURCE SCRIPT

ICT Suspension Block HTF [Herman]

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ICT Suspension Block HTF [Herman] — auto-marking +SB / –SB with MTF

ICT Suspension Block HTF [Herman] automatically detects and plots Suspension Blocks (SB) on your chart and optionally pulls them from higher timeframes. It’s built for traders who want precise, visual SB zones with mitigation/entry alerts and a compact stats panel.

What’s a Suspension Block (SB)?

-A Suspension Block is a body-to-body price imbalance formed by three consecutive candles in the same direction where the bodies create sequential “gaps” (a brief pause in price efficiency).

-Bullish +SB: three bullish candles with body-to-body gaps stepping up.

-Bearish –SB: three bearish candles with body-to-body gaps stepping down.

This script highlights the actionable block zone (between the body levels of the middle candle) and lets you extend it forward for reaction tests.

Note: This tool implements a widely discussed definition of Suspension Blocks for educational/analytical use.

Key features

-Auto detection: Plots +SB/–SB the moment a valid 3-candle structure forms.
-Multi-Timeframe (MTF):
-Current timeframe detection (toggle).
-MTF1 & MTF2 pulls (e.g., 5m and 15m by default) to show HTF SBs directly on your LTF chart.
-Smart de-duplication: Avoids drawing near-identical blocks (tick-aware tolerance).
-Midpoint line (optional): Draws the 50% of the block for refined confluence.
-Forward extension: Choose how far to extend the zone in bars.


Alerts:

-New +SB/–SB formed
-Price enters a block
-Block mitigated
-Stats table: Lightweight panel showing active +SB / –SB counts and average detected gap size.

Theme aware: Light/Dark table themes matched to Herman Trading visuals.

Inputs (quick guide)

-Multi-Timeframe
-Enable Current Timeframe
-Enable MTF1 (timeframe input)
-Enable MTF2 (timeframe input)

Core

-Show Bullish / Bearish
-Show Labels
-Show 50% Midpoint
-Min Gap Size (% of candle body) — filters out weak structures
-Extension Length (bars) — how far to project the zone
-Max Number of Blocks — auto-prunes oldest drawings
-Label Size & Colors
-Alerts
-New Block Formation
-Price Entered Block
-Block Mitigation
-Table
-Show / Position
-Theme (Light / Dark)

How mitigation & entry work

-Entry alert: Fires when price crosses into a block (from outside).
-Mitigation: When price tags the block boundaries (top/bottom), the zone is marked mitigated (faded, no further extension).
-The stats panel updates counts in real time.

Practical tips

-Use HTF SBs (e.g., 15m/1h) on your execution timeframe for higher-quality reaction zones.
-Combine with your existing framework (session timing, liquidity sweeps, iFVG/MSS, etc.).
-Tighten/loosen Min Gap Size to match instrument volatility.
-Keep Max Blocks reasonable for performance on very low timeframes.

Disclaimer

This indicator is for education and analysis. It does not constitute financial advice. Trading involves risk; always do your own research and manage risk appropriately.

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.