What is the Order block indicator?

Overview: The Order Block Indicator is designed to help traders identify key bullish and bearish order blocks on their charts. Order blocks are significant price zones where institutional activity may have occurred, often leading to strong reversals or continuations.

What is predictive order blocks indicator?

Application Strategic Decision-Making: The Predictive Order Blocks Indicator assists traders in making informed decisions by providing detailed analysis of potential breakout zones. By identifying key support and resistance areas, the indicator helps traders plan their entries and exits with greater precision.

Why do traders use order blocks?

Traders use order blocks to identify potential support or resistance levels. A mitigated order block refers to an order block that has been invalidated due to subsequent market movements. It may no longer hold the same significance in the current market context. However, when the price mitigates an order block, a breaker block is confirmed.