Cody Order Block Finder

Cody Order Block Finder
Free Telegram Trading Community https://t.me/ForexbillionaireTraders/1
Overview
A professional order block detection indicator that identifies institutional supply and demand zones on any timeframe. This tool helps traders spot key reversal areas where institutional orders are likely placed, providing strategic levels for limit order entries.

Key Features
🔍 Smart Order Block Detection
Bullish Order Blocks: Identifies the last bearish candle before consecutive bullish candles

Bearish Order Blocks: Identifies the last bullish candle before consecutive bearish candles

Configurable Sensitivity: Adjust the number of consecutive candles required (1-50 periods)

Minimum Move Filter: Set percentage threshold to filter only significant moves

🎨 Visual Customization
Multiple Color Schemes: Choose from DARK, BRIGHT, or NEON themes

Customizable Display: Show/hide bullish/bearish channels

Line Extension: Extend OB lines to current bar for better visibility

Historical View: Toggle between showing all historical OBs or only the latest ones

📊 Advanced Filtering
OB Size Filter: Set minimum and maximum order block size as percentage of price

ATR Filter: Filter OBs based on Average True Range multiples

OB Strength Indicator: Color-coded OBs based on subsequent price move strength

Wick/Body Selection: Choose to mark OBs using whole candle range or body only

🔔 Alert System
Real-time Alerts: Get notified immediately when new order blocks form

Customizable Messages: Set your own alert messages

Once-per-OB Option: Prevent alert spam with single alert per OB

📈 Display Features
Three-Line Channels: Shows high, low, and average levels for each OB

Visual Shapes: Clear triangle markers above/below candles

Info Panel: Displays latest OB statistics in a clean table format

Data Window Info: View OB levels in TradingView's data window

How to Use
Setup
Add indicator to your chart

Configure periods (default: 5) - higher values = fewer but stronger OBs

Set minimum % move (default: 0%) to filter significant moves

Choose color scheme for your preference

Trading Applications
Limit Order Placement: Place buy limits at bullish OB lows, sell limits at bearish OB highs

Stop Loss Reference: Set stops beyond OB extremes

Reversal Confirmation: Use OBs as confluence with other indicators

Support/Resistance: OB levels often act as future support/resistance

Advanced Tips
Combine with volume profile for higher probability zones

Use on higher timeframes (4H, Daily) for more significant levels

Look for OBs at key Fibonacci levels for added confluence

Monitor price reactions when revisiting OBs

Technical Details
Programming Language: Pine Script v6

Overlay: Yes (draws directly on price chart)

Max Lines: 500 (prevents chart clutter)

Timeframe Compatibility: All timeframes (1min to Monthly)

Market Compatibility: Forex, Stocks, Crypto, Futures

Input Parameters
Basic Settings
Relevant Periods: Number of consecutive candles required (1-50)

Min. Percent move: Minimum % move to validate OB (0.0-100.0)

Color Scheme: DARK, BRIGHT, or NEON color themes

Display Options
Show latest Bullish/Bearish Channel: Toggle channel display

Extend OB lines to right: Extend lines to current bar

Show all historical OBs: Display all OBs or only latest

Use whole range: Use High/Low or Open/Close for OB marking

Advanced Filters
Min/Max OB size (%): Filter by order block size

Use ATR filter: Filter based on volatility

Show OB Strength: Color code by subsequent move strength

Alert Configuration
Create alerts directly from the indicator by clicking "Create Alert" button on chart:

Bullish OB alerts when green triangle appears

Bearish OB alerts when red triangle appears

Includes price and OB level information

Best Practices
Higher Timeframes First: Start on daily/4H to identify major levels

Multiple Confluence: Combine with trend lines, Fibonacci, or moving averages

Patience: Wait for price to return to OB levels for entries

Risk Management: Always use appropriate position sizing and stops

Support & Updates
For updates and support, visit the script page. The indicator is regularly maintained for optimal performance across all markets and timeframes.

Perfect for: Swing traders, position traders, institutional traders, and anyone looking to trade with the "smart money" flow using order flow concepts.

Trading Styles: Works with all styles - scalping, day trading, swing trading, and investing.

Experience Level: Suitable for beginners to advanced traders with clear visual cues and customizable settings.