OPEN-SOURCE SCRIPT

Impulse Block [BeNice]

705
# Impulse Block [BeNice] — TradingView Publication Description

Use this text when publishing the indicator on TradingView. Paste it into the "Description" field.

---

## 🔲 Impulse Block [BeNice]

**Impulse Block [BeNice]** automatically detects and visualizes **Suspension Blocks** — high-probability price zones formed when three conditions align on three consecutive candles:

1. **Directional Alignment** — Three consecutive bullish (or bearish) candles confirm momentum.
2. **Volume Imbalance (VI)** — A gap between the close of one candle and the open of the next reveals institutional order flow.
3. **Fair Value Gap (FVG)** — An unfilled price gap confirms aggressive displacement.

When all three conditions fire simultaneously, the indicator draws a precise zone on the chart highlighting where smart money has left a footprint.

---

### ✦ Key Features

**Institutional Level Confluence**
Each zone is automatically cross-referenced against key HTF levels — Daily, Weekly, Monthly, Quarterly, Yearly Open/High/Low/EQ — and optionally Monday Range. When a zone overlaps with institutional levels, the confluence is displayed directly inside the box (e.g., `W EQ x2 (0,-1)`), giving you instant confirmation of zone strength.

**Smart Zone Filtering**
Five selection modes let you control which zones stay visible:
- *All (Recent Max)* — Show the most recent zones up to your limit.
- *Closest Bull/Bear* — Only the nearest bullish and bearish zones.
- *Closest Above/Below* — Nearest zone above and below current price.
- *Best OHLC-EQ Bull/Bear* — Prioritize zones with the highest institutional confluence.
- *Hybrid (Closest + Best)* — Combine proximity and confluence for the best of both worlds.

**Inversion Tracking**
If price aggressively closes through a zone within a configurable window, the zone flips its bias — modeling the Smart Money concept of mitigation-to-inversion.

**Historical Confluence Scanning**
Optionally scan past HTF periods (e.g., the last 24 daily opens) for deeper confluence analysis on each zone.

**Sub-Zone Visualization**
Toggle individual visual layers: Main Zone, Volume Imbalance boxes, FVG box, and Equilibrium (EQ) midpoint line.

---

### ✦ How to Use

1. **Add to chart** — zones appear automatically when the three-candle pattern is confirmed.
2. **Check confluence text** — zones with institutional level labels (e.g., `D Open`, `M High`) are statistically stronger.
3. **Use filtering** — switch to *Best OHLC-EQ* or *Hybrid* mode for a clean, high-conviction chart.
4. **Set alerts** — get notified when a new bullish or bearish suspension block forms.
5. **Combine** — pair with your own entry model (order blocks, breaker blocks, liquidity sweeps) for confluence-based trading.

---

### ✦ Settings Overview

| Group | Description |
|---|---|
| **Performance** | Max zones, zone selection mode |
| **General** | Direction bias (Auto / Bull / Bear) |
| **Display** | Toggle main zone, VI, FVG, EQ line, colors |
| **Inversions** | Enable/disable inversion tracking and window |
| **Institutional Levels** | Choose which HTF levels to scan (H4–Yearly + Monday), previous periods, historical depth |
| **Alerts** | Bull/Bear formation alerts |

---

### ✦ Notes

- Works on all markets and timeframes.
- For lower timeframes (1m–15m), reduce *Max Active Zones* for best performance.
- This is a non-repainting indicator — zones are confirmed only on bar close.
- Not financial advice. Use as a confluence tool within your own trading framework.

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน