Summary of 📥Breaker Block and Order Block Indicator (BB+OB) ICT for MT4/5 Download - Free [TradingFinder]
The video discusses the Breaker Block and Order Block Indicator (BB+OB) available for MetaTrader 4 and 5, providing a detailed tutorial on how to download and use the indicator. The indicator is designed to help traders analyze market trends by displaying order blocks and breaker blocks on charts.
Main Financial Strategies and Features:
- Indicator Functionality: The BB+OB indicator combines order blocks and breaker blocks to assist traders in identifying potential market movements.
- Display Settings: Users can choose between dark, light, and auto templates for visual representation on charts.
- General Settings: Options to adjust the number of candles calculated and displayed, and to show or hide the starting calculation line.
- Range Settings: Users can enable or disable capturing new ranges when order blocks and breaker blocks overlap, with options to show both ranges.
- Zigzag Settings: Customizable settings for displaying zigzag lines, which can be shown as dotted or solid lines.
- Order Block Modes: Three modes (normal, aggressive, defensive) for displaying order block ranges, allowing traders to select the level of strictness in criteria.
- Breaker Block Modes: Similar to order block modes, providing flexibility in how breaker blocks are displayed.
- Overlap Settings: Options to show or hide overlaps between order blocks and breaker blocks.
Step-by-Step Guide:
- Download the BB+OB indicator from the TradingFinder website.
- Open MetaTrader 4 or 5 and access the Navigator section.
- Drag the indicator file onto the desired chart.
- Ensure "Allow DLL Imports" is activated in the settings.
- Adjust display settings (dark, light, auto) as preferred.
- Configure general settings, including the number of candles and calculation line visibility.
- Set range options for order and breaker blocks.
- Choose zigzag line visibility and style.
- Select the desired modes for order and breaker blocks.
- Confirm and apply the changes to the chart.
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Category
Business and Finance