Summary of "Order Block Refined indicator for ICT in MT4/5 馃摜Download - Free[TFLab]"
Video Summary
The video provides a comprehensive tutorial on the Order Block Refined indicator designed for MetaTrader 4 and MetaTrader 5, available for download on the Trading Finder website. Here are the key points covered:
1. Indicator Features
- The indicator identifies and draws order blocks, break structures (BOS), and changes in character on price charts.
- bullish order blocks are displayed in green, while bearish order blocks are shown in brown.
- Break of structure zones are indicated with blue lines, and changes of character are marked with red lines.
2. Installation Instructions
- Users can install the indicator by dragging it onto the chart from the Navigator section after enabling the "allow DLL imports" option.
3. Customization Options
- The indicator offers various display settings, including dark, light, and auto themes that adjust candle colors (bullish to green, bearish to red).
- Users can set calculation settings (defaulted to 2,000 candles) and toggle options for displaying intersections of overlapping order blocks.
- The indicator allows the selection of drawing types for order block boxes and the number of order blocks to display.
4. User Interface
- The tutorial explains how to manage the visibility of major zigzag lines, last order blocks, and break of structure indicators on the chart.
- Users can adjust settings to display either the oldest overlapping order block or all overlapping blocks.
5. Final Thoughts
The video concludes with an invitation for viewers to share their thoughts and suggestions in the comments.
Main Speaker
The tutorial is presented by an unnamed speaker associated with TFLab.
Category
Technology
