Breaker Blocks with Signals 外汇EA

The Breaker blocks with signals indicator aims to highlight a complete methodology based on breaker blocks. Breakout signals between the price and breaker blocks are highlighted and premium/discount swing levels are included to provide potential take profit/stop loss levels.

This script also includes alerts for each signal highlighted.

🔶 SETTINGS

🔹 Breaker Blocks

• Length: Sensitivity of the detected swings used to construct breaker blocks. Higher values will return longer term breaker blocks.
• Use only candle body: Only use the candle body when determining the maximum/minimum extremities of the order blocks.
• Use 2 candles instead of 1: Use two candles to confirm the occurrence of a breaker block.
• Stop at first break of center line: Do not highlight breakout signals after invalidation until reset.

🔹 PD Array

• Only when E is in premium/discount zone: Only set breaker block if point E of wave ABCDE is within the corresponding zone.
• Show premium discount zone: Show premium/discount zone.
• Highlight Swing Break: Highlight occurrences of price breaking a previous swing level.
• Show Swings/PD Arrays: Show swing levels/labels and pd areas.

🔶 USAGE

See images.