Multi-Asset Confluence Signals with Order Blocks and Risk Controls

Summary

This Pine Script strategy combines several configurable signal types: RSI and Bollinger Band extension, order block interactions, cumulative volume delta divergence, and swing failure patterns. Users can enable or disable each confirmation, choose whether to trade long or short, and opt to exit on an opposing signal. It also accepts related market series such as volatility and put-call measures, alongside settings for higher-timeframe order blocks and intrabar delta estimation.

Risk controls include percentage- or tick-based take-profit and stop-loss settings. The supplied excerpt ends partway through the order-block routine, so it does not show the complete entry and exit logic, how confirmations are combined, or any backtest results. The strategy description is therefore limited to the visible inputs and code; the excerpt provides no evidence of performance or guidance on market suitability.

Key ideas

• The strategy exposes separate toggles for RSI and Bollinger Band, order block, CVD divergence, and SFP confirmations.
• It includes settings for long and short trading and for exiting when an opposite signal occurs.
• Order blocks are identified using pivot highs and lows, with zones tracked for mitigation.
• Take-profit and stop-loss controls can be configured in percentages or ticks.
• The supplied code excerpt is incomplete and provides no performance results.

Tags

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