OPEN-SOURCE SCRIPT
Updated Block

Block indicator is based on breakdown.
When a candle closes above previous highest high or below previous lowest low a block is made.
When a candle closes below previous highest high or above previous lowest low the block continues and just high and low are updated.
This indicator is very useful for supply and demand strategy.
Have much profit with this indicator.
When a candle closes above previous highest high or below previous lowest low a block is made.
When a candle closes below previous highest high or above previous lowest low the block continues and just high and low are updated.
This indicator is very useful for supply and demand strategy.
Have much profit with this indicator.
Release Notes
Line 35 was changed for multi timeframe effectRelease Notes
A big update!!!Added Start Date Option...
Added Bull Box Background Color Option...
Added Bear Box Background Color Option...
Added Bull Box Line Color Option...
Added Bear Box Line Color Option...
Release Notes
Added Transparency for Background ColorsRelease Notes
Changed Default Values for Colors and TransparencyRelease Notes
Added End Date Option...Changed Max Blocks from 500 to 100000 for Premium Users...
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.