Market Structure Trading with Order Blocks, Gaps, and Zone Filters

Summary

This Pine strategy excerpt describes a market-structure approach organized around internal and swing structure, with selectable long or short direction. It combines structural signals with fair value gap presence and premium or discount zones derived from a recent price range. Optional confirmation filters include reversal divergence and Bollinger Bands, while a volume momentum check and multiplier are provided for signal ranking.

Risk settings include an ATR-based stop distance, a risk-reward target, and a signal decay parameter. The supplied source is truncated during its structure calculations, so the full entry, exit, and ranking rules cannot be verified from this document. It includes script settings but no backtest configuration, performance results, or evidence that its filters improve outcomes. Its descriptions should therefore be read as a strategy design outline rather than demonstrated trading results.

Key ideas

• The strategy offers internal, swing, or combined market-structure modes to generate potential trade context.
• Fair value gaps and premium or discount location can be required as additional entry confluence.
• Optional divergence and Bollinger Band filters supplement volume-based signal checks.
• Risk parameters include an ATR stop, a risk-reward target, and signal decay speed.
• The source ends before the full rules appear, and the document provides no performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.