Breaker Blocks | Flux Charts

2024년 1월 3일

💎 GENERAL OVERVIEW
Introducing our new Volumized Breaker Blocks indicator! This new indicator can render breaker blocks with their volumetric information. It's highly customizable with detection, invalidation and style settings.



Features of the new Volumized Breaker Block indicator :

1. Render Bullish & Bearish Breaker Blocks
   
2. Enable / Disable Volumetric Information
   
3. Enable / Disable Historic Zones
   
4. Visual Customizability
   

📌 HOW DOES IT WORK ?
Breaker blocks form when an order block fails, or "breaks". It is often associated with market going in the opposite direction of the broken order block, and they can be spotted by following order blocks and finding the point they get broken, ie. price goes below a bullish order block.

The volume of a breaker block is simply the total volume of the bar that the original order block is broken.

🚩UNIQUENESS
This indicator can not only detect breaker blocks, but it can also detect them with their volumetric information. Volumetric information can be crucial when considering an breaker block's strength, which can be a crucial form of confluence in certain trading strategies.

⚙️SETTINGS

1. General Configuration
Volumetric Info -> The volumetric information of the Breaker Blocks will be rendered if activated.



Zone Invalidation -> Select between Wick & Close price for Breaker Block Invalidation.


Swing Length -> Swing length is used when finding breaker block formations. Smaller values will result in finding smaller breaker blocks.

2024년 1월 9일

릴리즈 노트

• Added a setting to change how Order Blocks are invalidated
  

2024년 1월 13일

릴리즈 노트

• Fixed a bug that sometimes caused flicker of rendered zones
  

2024년 1월 15일

릴리즈 노트

• Added zone count setting
  
• Improved reliability
  

2024년 1월 31일

릴리즈 노트

• Added an option to change the text color.
  

2024년 2월 28일

릴리즈 노트

• Fixed a rare bug happening with bigger candles.
  

2024년 7월 15일

릴리즈 노트

• Added Alerts