OPEN-SOURCE SCRIPT
Order Block Finder - Institutional Supply & Demand
Technical Description and Methodology:
This script identifies institutional Order Blocks (OB) by detecting consolidation bases followed by high-momentum displacement. Unlike traditional pivot-based indicators, this tool focuses on the "Smart Money" footprints using the following mathematical logic:
1. Pivot Detection: It identifies Swing Highs and Swing Lows using a user-defined lookback period (ta.pivothigh and ta.pivotlow).
2. Relative Volume Filter: To distinguish retail moves from institutional ones, the script checks if the volume at the pivot bar is significantly higher than the 20-period Simple Moving Average (SMA).
3. Calculation: Volume[pivot] > ta.sma(volume, 20) * multiplier.
Price Displacement: It validates the "Base" by ensuring the price closes outside the previous range with an impulsive candle.
4. Smart Mitigation: The boxes use a dynamic mitigation logic. A block is considered "mitigated" (and the box extension stops) when the price action intersects the zone, signaling that the orders at that level have been filled.
How to use:
*. Green Zones: Bullish Order Blocks (Demand).
*. Red Zones: Bearish Order Blocks (Supply).
*. Optimized for Pine Script v6 for maximum calculation efficiency.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
🔱 LeviatanSignals® — automação de fluxo institucional (SMC) para Binance e MEXC Futures. Vídeos, app e mais: leviatansignals.com.br/
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
🔱 LeviatanSignals® — automação de fluxo institucional (SMC) para Binance e MEXC Futures. Vídeos, app e mais: leviatansignals.com.br/
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。