MT5 Order Blocks with Confirmed Market Structure and Estimated Volume

Summary

This MetaTrader 5 indicator visualizes confirmed swing points, breaks or shifts in market structure, and active bullish or bearish order blocks. Users can configure pivot sensitivity, the number and projection length of zones, colors, chart markers, and a compact panel that reports each zone’s range and estimated buying and selling participation. The tool is for chart analysis and does not execute trades.

Its structural events appear only after the selected confirmation bars have closed, so current-bar movements are not treated as completed events. Volume readings are estimates based on available bar or tick volume; they are not centralized exchange order-flow data. The document describes the indicator’s features and limitations but provides no performance tests or evidence that the displayed zones predict price movement. Results depend on symbol data, timeframe, and settings. The publication attributes the original concept to UAlgo and the MT5 port to German Emilio Camon, and identifies the software as open source under the Mozilla Public Licence 2.0.

Key ideas

• The indicator marks swing points and structure events only after their confirmation bars close.
• It projects active bullish and bearish order blocks onto the chart.
• Buy and sell participation within a zone is estimated from available bar or tick volume.
• The chart panel summarizes active zones, but its estimates are not exchange order-flow measurements.
• The indicator visualizes analysis and does not place or manage trades.

Tags

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