Order Blocks Finder Indicator MT4 – Free Download

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Unlocking Profit Potential with the Order Blocks Finder Indicator

In the fast-paced world of forex trading, staying ahead of the curve is paramount. Traders are constantly on the lookout for tools and indicators that can provide them with an edge in the market. One such tool that has been gaining traction among forex traders is the Order Blocks Finder Indicator. This innovative indicator is built upon the principles of Institutional Order Flow, commonly referred to as ICT (Inner Circle Trader) and Smart Money Concepts, and aims to revolutionize the way traders identify and capitalize on trading opportunities.

Understanding the Order Blocks Finder Indicator

The Order Blocks Finder Indicator is a sophisticated tool designed to detect Breaks of Structure (BoS), identify Order Blocks (OB), and draw Entry/Stop and Risk to Reward lines with precision. At its core, the indicator leverages the concepts of market structure and institutional order flow to provide traders with actionable insights into market dynamics.

Order Blocks Finder Indicator MT4 - Free Download 2

Technical Specifications

Version: 4.9
Year of issue: 2023
Working pairs: Any
Recommended timeframe: Any
Minimum Deposit: $300
Average of account: 1:30 To 1:1000

Best Brokers List

Order Blocks Finder Indicator  works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
Order Blocks Finder Indicator MT4 - Free Download 3Register2007
🇦🇺 Australia
🇨🇾 Cyprus
🇧🇸 The Bahamas
🇸🇿 Seychelles
1:1000$200ASIC, SCB, FSA
Order Blocks Finder Indicator MT4 - Free Download 4Register2008
🇨🇾 Cyprus
1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
Order Blocks Finder Indicator MT4 - Free Download 5Register2009
🇧🇿 Belize
1:2000$10FSC
Order Blocks Finder Indicator MT4 - Free Download 6Register2009
🇧🇿 Belize
1:3000$1IFCS
Order Blocks Finder Indicator MT4 - Free Download 7Register2009
🇨🇾 Cyprus
🇦🇺 Australia
🇧🇿 Belize
🇦🇪 Emirates
1:1000$5 ASIC, CySEC , IFSC
Order Blocks Finder Indicator MT4 - Free Download 8Register2010
🇦🇺 Australia
1:500$200FCA , ASIC, DFSA
Order Blocks Finder Indicator MT4 - Free Download 9Register2011
🇬🇧 England
1:500$25CySEC
Order Blocks Finder Indicator MT4 - Free Download 10Register2006
🇪🇭 Ireland
1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Order Blocks Finder Indicator Settings

Order Blocks Finder Indicator MT4 - Free Download 11

Indicator Buttons:

Order Blocks Finder Indicator MT4 - Free Download 12

  1. Button 1 - 4 states
    • Enabled - indictor is enabled
    • Trend Up - Up trend filter enabled
    • Trend Dn – Down trend filter enabled
    • Disabled – Indicator disabled
  2. Button 2 OB - 2 states
    • OB enable - show OB’s
    • OB disabled
  3. Button 3 BoS – 2 states
    • BoS Enable – show Bos
    • BoS disable
  4. Button 4 OB RR – 2 states
    • OB RR enable – show RR when current price touch OB
    • OB RR disabled
  5. Button 5 POI - 10 states
    • State 0 - Disable POI
    • State 1 to 9 - Show POI for the time frames setup under options
  6. Button 6 FVG / Imbalance – 2 or 11 states depend on settings
    • State 0 – Disable FVG
    • State 1 to 9 - Show FVG for the time frames setup under options
    • State 10 – Show FVG / Imbalance for the current chart time frame
  7. Button 7 – Volume Imbalance - 2 or 11 states depend on settings
    • Vol. Imb. Enable – show Volume Imbalance
    • Vol. Imb. disable
  8. Button 8 Gab’s – 2 states
    • Gap Enable – show Gaps
    • Gap disables
  9. Button 9 Equal HL – 2 or 11 states depend on settings
    • Equal HL Enable – show Equal High and Low’s
    • Equal HL disables
  10. Button 10 Liquidity – 3 states
    • Liquidity Enable – show Liquidity on the chart
    • Liquidity Enable – show Liquidity on the right side of the chart
    • Liquidity disables
  11. Button 11 Sessions - 9 states
    • Session – show Sessions
    • Kill zones – show Kill zone sessions
    • Silver Bullet - show Silver Bullet sessions
    • Sessions disables
  12. Button 12 Price Levels - 6 states
    • Price OB – show OB price levels next to OB
    • Price POI – show POI price levels next to POI
    • Price FVG / IMB – show FVG / IMB price levels next to FVG / IMB
    • Price Liq – show Liquidity price levels next to liquidity
    • Price All – show OB, POI , FVG / IMB and Liquidity price levels
    • Price Levels disables
See also  FOREX Order Blocks Indicator MT4 : The "Smart Money" Footprint in Charts

Key Features and Functionality

  • Break of Structure (BoS): This feature allows traders to toggle the detection of Breaks of Structure on or off with the click of a button. BoS signifies shifts in market sentiment and can serve as crucial entry or exit points for trades.
  • Order Blocks (OB): The indicator marks Order Blocks, which are areas where institutional traders have placed significant buy or sell orders. These OBs act as zones of interest where price is likely to react, presenting lucrative trading opportunities.
  • Higher Time Frame Analysis: Traders can conduct multi-time frame analysis by selecting higher time frame Order Blocks or Points of Interest (POI). This feature provides valuable context and helps traders align their trades with broader market trends.
  • Fair Value Gap (FVG) / Imbalance Detection: The indicator identifies Fair Value Gaps and Imbalances across multiple time frames, aiding traders in spotting areas of price inefficiency and potential reversals.
  • Volume Imbalance: Traders can opt to visualize volume imbalances, which highlight discrepancies between buying and selling pressure, offering insights into potential market direction.
  • Customizable Settings: The indicator offers extensive customization options, allowing traders to tailor the tool to their specific trading preferences. From adjusting alert settings to toggling various features on or off, users have full control over their trading experience.
See also  Crazy Arrow Indicator For MT4

Advantages of the Order Blocks Finder Indicator

  1. Enhanced Market Insight: By leveraging institutional order flow concepts, the indicator provides traders with deeper insights into market dynamics, enabling more informed trading decisions.
  2. Precise Entry and Exit Points: The detection of Order Blocks and Breaks of Structure helps traders identify high-probability entry and exit points, improving overall trading accuracy.
  3. Multi-Time Frame Analysis: The ability to analyze higher time frames allows traders to align their trades with broader market trends, increasing the likelihood of success.
  4. Customization Options: With customizable settings, traders can adapt the indicator to suit their trading style and preferences, enhancing its effectiveness.

Disadvantages of the Order Blocks Finder Indicator

  1. Learning Curve: Mastering the use of the indicator requires a solid understanding of institutional order flow concepts, which may pose a steep learning curve for novice traders.
  2. Overreliance on Technology: While the indicator can be a valuable tool, overreliance on automated signals may lead traders to overlook critical aspects of manual analysis and market observation.
  3. False Signals: Like any technical indicator, the Order Blocks Finder Indicator is not immune to generating false signals, especially in choppy or low-liquidity market conditions.

Where can I learn more about Order Blocks?

Take a look at these YouTube Channels
https://www.youtube.com/@InnerCircleTrader
https://www.youtube.com/c/StarseedFX
https://www.youtube.com/c/VertexInvesting
https://www.youtube.com/c/mentfx

Conclusion

The Order Blocks Finder Indicator represents a powerful tool for forex traders seeking to gain a competitive edge in the market. By harnessing the principles of institutional order flow and market structure analysis, the indicator offers traders a comprehensive solution for identifying and capitalizing on trading opportunities. While it comes with its own set of advantages and disadvantages, when used judiciously alongside sound risk management practices, the Order Blocks Finder Indicator has the potential to unlock new levels of profitability in forex trading.

Download Order Blocks Finder Indicator

Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.