Institutional OrderBlock Pressure is designed to identify key areas where large institutions are likely to place their buy or sell orders. These zones, known as OrderBlocks, highlight areas of potential price reversal or continuation. By identifying these zones, traders can better understand market dynamics and position themselves accordingly, either by following institutional trends or taking advantage of market retracements.

Institutional OrderBlock Pressure in action on a selected financial instrument.

    Complete list of features included in this indicator:

• OrderBlock Zones: Automatically identifies Bullish and Bearish OrderBlocks on the chart.
• Customizable Display: Choose between Wick, Full Range, or Average lines for OrderBlock visualization.
• OrderBlock Labels: Display key price levels within the OrderBlock zones with label options for High and Low.
• Volume Pivot Integration: Use volume data to detect OrderBlocks with greater accuracy.
• Retracement Lines: Automatically plotted lines for retracement detection.
• Extend Lines Feature: Extend support and resistance lines across the chart for clear visual reference.
• Customizable Colors and Thickness: Fully customizable line colors, label styles, and thickness.

All options come with default settings that can be customized based on the specific market instrument you are analyzing. You can also configure alerts to be notified whenever a new signal is generated by the indicator. These alerts are condition-based, allowing you to selectively enable or disable specific alerts according to your trading strategy.