Summary of 📊Order Block + Void Indicator Download for MT4/5 - Free - [Trading Finder]🚀
The video discusses the Order Block + Void Indicator available for download on the Trading Finder website, designed for use with MetaTrader 4 and MetaTrader 5 platforms. The indicator helps traders identify bullish and Bearish Order Blocks, which are crucial for understanding market support and resistance levels.
Main Financial Strategies and Features:
- Order Blocks:
- Bullish Order Blocks: Indicated by green boxes, these represent support levels.
- Bearish Order Blocks: Indicated by brown boxes, these signify resistance levels.
- Order Block Consumption: The indicator shows the percentage of order blocks that have been consumed, helping traders gauge market strength.
- Display Settings: Users can customize the visual representation of the indicator with options for dark, light, and auto modes.
- Adjustable Settings: Traders can modify settings related to candle numbers, object prefixes, and the visibility of zigzag lines and levels.
Methodology/Step-by-Step Guide:
- Download the indicator from the Trading Finder website.
- Install the indicator on MetaTrader 4 or 5:
- Drag the indicator to the chart.
- Enable "Allow DLL Imports" in the common settings.
- Confirm the installation.
- Customize the display settings:
- Choose between dark, light, or auto modes.
- Adjust candle count and object prefixes.
- Toggle visibility options for minor and major zigzag lines and order blocks.
- Validate order blocks based on closing prices and manage intersection visibility.
The tutorial concludes by inviting viewers to share their comments and suggestions.
Presenters/Sources:
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Category
Business and Finance