Order Blocks Finder MT5

The Order Blocks Finder MT5 is a unique Forex trading tool designed to increase the accuracy of market analysis. With its advanced features, this software aims to enhance trading strategies by providing precise patterns to detect high accurate order blocks.

Key Features of Order Blocks Finder MT5

The Order Blocks Finder MT5 is equipped with an automated trading feature which draws order blocks and detects trends and imbalances. It has the ability to show and hide order blocks, and even allows the user to follow only imbalances. This Forex tool is designed to detect institutional orders with the potential to change the price direction and keep moving towards it.

Double Signal One Alert and Long Wick Rejection

This Forex trading software displays two signals: the alert signal and the long wick rejection signal. The alert signal serves as a warning for potential market changes, while the long wick rejection signal indicates a potential reversal in price direction. However, it is suggested that traders should primarily follow the long wick rejection signal as the alert signal may be risky.

Strategies and Tips

The Order Blocks Finder MT5 software provides two strategies in one time: Order Blocks and Fibonacci Levels. It is recommended to follow the trend as it is considered your friend in Forex trading. For additional confirmation, the William Percent Range indicator can be used. When the candle touches the zone, make sure the WPR indicator is overbought or oversold. The -10 level is considered overbought and the -75 level is oversold.

MTF Order Blocks

Another remarkable feature of the Order Blocks Finder MT5 is the MTF (Multiple Time Frame) Order Blocks. To show the MTF order block, go to the indicator setting at the end of the scroll where you will find the OTF setting. Change the timeframe from current to another timeframe.

Independent Testing and Updates

For those interested in the performance of the Order Blocks Finder MT5, independent testing results are available on the forexroboteasy.com website. Users can also subscribe to updates on the testing results of this product.

FAQs

What is the Order Blocks Finder MT5?

The Order Blocks Finder MT5 is a Forex trading software designed to enhance trading strategies by providing precise patterns to detect high accurate order blocks.

What are the key features of the Order Blocks Finder MT5?

Key features include automated order block drawing, trend detection, imbalance detection, and the ability to show and hide order blocks.

How can I use the MTF Order Blocks feature?

To use the MTF Order Blocks feature, go to the indicator setting at the end of the scroll, find the OTF setting, and change the timeframe from current to another timeframe.

Share Your Experience

If you have used the Order Blocks Finder MT5, we invite you to share your experience. Your insights will be valuable to other traders considering this Forex trading software.

Please note that this is an independent product review. The information provided is based on the features and functionality of the Order Blocks Finder MT5 as described by the product’s developers.