Order Blocks with Volume - Anticipating Seconds

Order Blocks with Volume – Anticipated Entry

This Pine Script identifies order blocks based on price consolidation and breakout patterns, with additional volume analysis to help predict and anticipate market entries.

Key Features:

Consolidation Detection: Identifies periods of price consolidation within a user-defined lookback period (in minutes).

Volume Analysis: Utilizes relative, simple, or weighted volume to assess the strength of the consolidation breakout.

Anticipated Entry: The script predicts order blocks ahead of time using smaller intervals (like 10, 20, or 30 seconds) by converting these into bars, anticipating breakouts before they appear on the 1-minute chart.

Breakout Detection: Detects bullish and bearish breakouts based on previous high/low levels and plots the corresponding order block on the chart.

Customizable Parameters: Users can set the consolidation lookback, volume thresholds, and maximum number of order blocks to be displayed.

Usage:

This script helps traders identify high-volume order blocks and predict breakout opportunities, offering insights into market direction with enhanced anticipatory signals. Perfect for traders looking to time entries more effectively based on volume dynamics and price structure.

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