Follow the Whale with Order Blocks

Discussion in 'Trading' started by ninZa.co, May 17, 2024.

  1. ninZa.co

    ninZa.co Sponsor

    In the trading world, people often say... "Follow the whale!".

    If you are someone who follows the trail left by the so-called BIG players in the market, Bo$$ Order Block might be useful for you.

    Order blocks are specific price areas where a large number of buy or sell orders from major banks or institutions are concentrated. These zones create STRONG support or resistance levels.

    upload_2024-5-17_11-33-59.png

    When the price approaches these levels, there's a high likelihood of a return, which provides you with a great opportunity to enter a trade.

    The indicator follows the following principle to identify Reliable Order Blocks...

    First, it looks for an imbalance between supply and demand. This level, called "Imbalance", appears on the chart as a price value gap.

    Specifically, in an uptrend, the indicator searches for 3 consecutive green candles, with the 2nd candle having the largest body.

    The Imbalance level is located between the highest price of the 1st candle and the lowest price of the 3rd candle. You can customize the height of this gap.

    upload_2024-5-17_11-34-48.jpeg

    Next, the indicator examines the previous movement to determine if there is a break of structure (BOS) or a change of character (CHOCH).

    If a BOS or CHOCH occurs, a valid Order Block is identified at the nearest Swing Low or Swing High.

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    As retail traders, we've got to follow the BIG players who drive the market. So, if you want to spot their footprints and benefit from them, Bo$$ Order Block is what you need.

    You can now get our new indicator for just $346 (that's half off!) and receive a $196 gift during our pre-order event.

    This special offer will vanish as soon as the limited spots are filled.... so act fast before it returns to the regular price of $696!
     
  2. %%
    Could work well, follow the whales;
    follow the elephant tracks, buffalo + bison tracks+ polar bear tracks ,can well well also.
    Same with deer trails, but i seldom follow deer tracks:D:D