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Unmitigated Order Block MT4 Indicator
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- Displays both bullish and bearish unmitigated order blocks
- Selectable unmitigated order block ‘strength’
- Highlight the unmitigated order block ‘candle only’ or ‘candle with wicks’
- The highlight box changes colour when price touches it
- Alerts to Popup, Push & Email
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Unmitigated Order Block MT4 Indicator
What is price mitigation?
It’s essentially ‘smart money’ retracing to mitigate (exit) buy/sell orders that were AGAINST their current trend, and then continuing in the direction of the institutional order flow.
Unmitigated Order blocks are ‘smart money’ footprints in the charts!
This ‘Smart Money’ indicator has the ability to point out order blocks that have not been mitigated yet (& will probably cause a reaction when price returns to touch them), and alerts to popup, push & email.
Copy/Paste the link: https://mastertradersecrets.com
SMART MONEY CONCEPTS
The number one reason traders lose money is because they trade against the Smart Money. The only way to win consistently in the Forex market is to follow the Smart Money, to trade with them & not against them.
Smart Money trading is one of the best kept secrets in Forex. Trading with smart money concepts works better than ANY retail trading strategy. Once you discover smart money concepts (market structure, order blocks, mitigation, market imbalances and fair value gaps) you can implement these concepts to your own style of trading and see tremendously improved results!
Not familiar with “Smart Money” concepts? Want to learn?
All of my products come with 25+ hours of Smart Money video courses (in full HD) by some of my mentors, a VERY valuable education! The video download links are contained in our Telegram membership group (You become a member with any purchase of my products).
Unmitigated order blocks can occur on any timeframe, and at both external or internal points in the current range:
In a bullish trend price may return to an unmitigated order block to mitigate the sell trades that were placed in the bearish retracements (and to get a better price to place more buy orders). Vice versa for a bearish trend.
And remember, the strongest order blocks:
* Take liquidity first (stop hunt)
* Price moves away aggressively
* Leaves a market imbalance (FVG) due to the large volume contained in the move
When price returns to an Order block:
* It should react to the open or 50% of the candle
Choose to highlight the unmitigated order block ‘candle with wicks’ or ‘candle body’ only:
Choose the Strength of the Unmitigated Order Blocks:
Candle Count ignored from start of peak (Peak = Candle 0) – This setting will choose the STRENGTH of the ‘unmitigated’ order block, IE:
The picture above shows the difference between ‘1 candle’ and ‘2 candle’ unmitigated order blocks (when price moves away from the order block within either one or two candles).
* If set to 1 (RECOMMENDED) – the unmitigated order block will only be highlighted if price moves away on the FIRST candle. THIS IS THE STRONGEST UNMITIGATED ORDER BLOCK POSSIBLE
* If set to 2 – the unmitigated order block will only be highlighted if price moves away on the SECOND candle. This is considered a ‘weaker’ unmitigated order block
Note: It is NOT RECOMMENDED to use a setting higher than 2 (as this makes the unmitigated order block relatively worthless)
The highlight box changes colour when price touches it, & disappears completely after the next candle on that timeframe:
When price returns to touch the unmitigated order block, the ‘box’ will turn into a purple outlined box and then the highlighted unmitigated order block ‘box’ will disappear completely after the next candle closes.
Unmitigated Order Block MT4 Indicator Settings:
> Display OB Option – Allows you to display:
* Both Bullish and Bearish unmitigated order blocks
* Bullish unmitigated order blocks only
* Bearish unmitigated order blocks only
* Hide all unmitigated order blocks
> Look-back Candle Count – Set the amount of candles that the indicator will look back to highlight the unmitigated order blocks
> OB Candle Type – Choose to highlight the unmitigated order blocks candle (body) only, or to highlight the unmitigated order blocks candle body AND its wicks
> Candle Count ignored from start of peak (Peak = Candle 0) – This setting will choose the STRENGTH of the ‘unmitigated’ order block, IE:
* If set to 1 (recommended) – the unmitigated order block will only be highlighted if price moves away from it on the very next (first) candle. THIS IS THE STRONGEST UNMITIGATED ORDER BLOCK POSSIBLE
* If set to 2 – the unmitigated order block will only be highlighted if price moves away from it on the second candle. This is considered a ‘weaker’ unmitigated order block
> === Alerts ===
* Popup Alert – Alert will trigger the popup window and an alert sound
* Push Alert – Alert will trigger a message sent to your cell phone
* Email Alert – Alert will trigger a message sent to your email address
> === Visualization ===
> Show Look-back Line – Select true or false to display the look-back line on the chart
> Look-back Line Color – Select the color of your choice
> OB Box Length, Bars – If set to 0 (zero) the unmitigated order block box will extend all the way to the current candle. If any other number is used the unmitigated order block box will extend to that amount of candles
> Bull OB Line color – Select the color of your choice
> Bear OB Line color – Select the color of your choice
> OB Intercepted color – Select the color of your choice
> OB Box Type – Choose to highlight the unmitigated order block box as either an ‘outline’ or a ‘filled’ color box
This is just a brief description on this product. For more detailed information on this indicator please visit the webpage. Copy & paste this URL:
Package Includes:
* 1 Custom CodedMT4 Indicator
* Userguide PDF featuring setup & operating instructions
* Access to our private "Master Trader Secrets" Telegram group
* BONUS! 25 + hours downloadable "Smart Money" Video Courses. A VERY Valuable education!
License Terms:
This software is for personal use only and may not be resold or redistributed under any circumstances.
Shipping Information:
Fast Delivery! Products are usually sent within an hour of purchase. You will receive the product in a Zip file via email. WE DON'T SEND A CD OR ANY OTHER HARD COPY TO YOUR PHYSICAL ADDRESS
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Returns:
Given the nature of product it can be immediately replicated, therefore we do not accept returns after delivery. If you have any questions, please ask before purchase.
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I AM the author of this product, and also the COPYRIGHT holder. This listing does not infringe on any copyrights, trademarks or intellectual property rights. I HAVE THE LEGAL RIGHT TO SELL THE DIGITAL PRODUCTS OF MY OWN INTELLECTUAL PROPERTY. This listing has been produced with due regard for selling policies. Our product and listings fully comply with policy and do not contravene copyright laws. This ad complies with all rules and regulations.
Payment Information
PayPal is the preferred payment method.
Shipping Information
Fast Delivery! Products are usually sent within an hour of purchase. You will receive the product in a Zip file via email. WE DON'T SEND A CD OR ANY OTHER HARD COPY TO YOUR PHYSICAL ADDRESS.
If you have any questions please contact me, I will be happy to answer any questions.
Returns Information
Given the nature of product it can be immediately replicated, therefore we do not accept returns after delivery. If you have any questions, please ask before purchase.
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