NAM ORDER BLOCKS v1.15
MT4 Multi-timeframe NAM Order Blocks detection indicator: receive order blocks proximity alerts, we have on-screen notifications on MT4.
Full Product Description:
Original website: https://namtechglobal.com/eshop/en/indicators/21-nam-order-blocks.html
Original price: $200
Content: Indicator: NAMOrderBlocks.ex4, User Guide: NAM Order Blocks – User Manual V1.11 – English.pdf
MT4 Multi-timeframe NAM Order Blocks detection indicator.
Order block is a market behavior that indicates order collection from financial institutions and banks. Prominent financial institutes and central banks drive the forex market. Therefore, traders must know what they are doing in the market. When the market builds the order block, it moves like a range where most of the investing decisions happen.
The market makes a sharp move towards both upside and downsize once the order building is completed. The key term of the order block trading strategy is that it includes what the institutional traders are doing. As they are the key price driver, any strategy that includes institutional trading might.
You will see real-time order blocks on any timeframe, with the use of our control panel you’ll be able to detect regular, rejection, and uncapitalized order blocks on the historical period of choice.
Now you can receive order blocks proximity alerts, we have on-screen notifications on MT4 and push notifications to your mobile phone!
- Fully customizable on chart control panel, provides complete interaction.
- Hide and show control panel wherever you want.
- Detect OBs on multiple timeframes.
- Select OBs quantity to display.
- Different OBs user interface.
- Different filters on OBs.
- OB proximity alert.
- ADR High and Low lines.
- Notification service (Screen alerts | Push notifications).
Take a look video below:
Why do we need to see Order Blocks?
Order Blocks are a market behavior that indicates the gathering of orders from huge financial institutions and central banks. These drive the foreign exchange market looking for liquidity to be able to place their orders.
In order to be successful as a retail trader, we must take into account where the liquidity zones are and where the order blocks are, that will serve as support or resistance in a trend, in order to make our operations in zones that statistically have a greater capacity for price reaction.
NAM Order Blocks allows you to easily and automatically see the order blocks of your interest on your chart, with just a few clicks you will have all the information you need to operate them.
What makes NAM Order Blocks so special?
It is an indicator that has a modern dynamic control panel on the chart, which can be moved to any location on the screen to avoid interrupting your price action analysis.
The panel has buttons that will allow you to view order blocks of any time frame that you are interested in applying to your analysis. For greater comfort you can show or hide the prices, also providing the option to show the order blocks as boxes or as lines, you choose the one that best suits your analysis.
You will be able to apply filters of types of order blocks such as regular or rejection, capitalized and non-capitalized in the quantities that you are interested in viewing.
What other features does it have?
The OB to OB function will search for the closest daily order block that is not capitalized, and within it will show the OB of lower timeframes, which will give you excellent trading opportunities and very precise entries.
Do you want to mark a particular Order Block? No problem, with the Manual OB function you will be able to mark the ones you want and see their prices in a simple way, you just have to bring the manual box close to the OB and it will have a magnetic behavior, automatically adhering to the order block.
Automated notifications will allow you to be informed of all the opportunities of your interest without seeing the graph. Receive audible alerts on your MT4 and push notifications to your mobile phone for order blocks of your preference.
How is it used in a trend?
1 – Determine the Trend
Check the price action on any timeframe you want to find the trend, if you are in a bullish structure you should get higher highs and higher lows. If instead you are in a bearish structure, you should find lower lows and lower highs.
2 – Identify Last Non-Capitalized OB
Use the indicator to identify the closest not capitalized Order Block at the fractal of the previous retracement.
3 – Pending Order in OB
Place your pending order in the Order Block, always taking into account the spread of the symbol you are trading. In this bearish example case, the stop loss must be above the Order Block and the take profit must be located at the next structure point of liquidity. Likewise, for a bullish case, the stop loss will be placed below the Order Block and the take profit will be placed at the next liquidity point.
4 – Capitalization of OB and Liquidity Seek
In the vast majority of cases, non-capitalized OBs tend to be like a magnet for the price, which by capitalizing the OB reacts looking for the next point of market liquidity. Once a new structure has been created, it is recommended to close the position or protect it by taking the stop loss to the entry point.
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|Compatible with NFA, FIFO and MT4 Build 600+||Platform: MetaTrader 4|
|ECN Support||Language: English|
|Perfected For Multiple Pairs||Time Frames: System works with every MT4 TF|
|Works With Any MT4 Trading Brokerage||Trading Time: Any time | Recommended London and New York sessions|
|Unlimited Licenses For All Your MT4 Accounts||Currency pairs: Any pairs | Recommended major pairs + indexes|
|No Trading Experience Required||Purchase includes: Indicators | Templates|
|US Brokers | Non-US Brokers||Trading Accounts: Unlimited|
|No Trading Account Limitations||License: Unlimited|
|Popup Alerts||Indicators (Unlimited)|
|No Minimum Leverage Required|
|* instant delivery (email inbox/account dashboard)|
I want to repeat that the system is very effective. It will definitely help you achieve your financial goals whatever they are.
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Please note: I do not give refunds based on the performance of the product. There are many factors that can affect the performance and results of the product such as brokers, internet connection and the experience of the user. You are receiving a working product that has been tested and all sales are final.
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