OrderBlock FVG Detector
Category: market_structure
Identifies Order Blocks and Fair Value Gaps (FVG) based on price action patterns involving impulsive moves and candle engulfing/breaks.
Formula
Bullish OB (Default): Close[i+2]<Open[i+2] && Close[i+1]<Open[i+1] && Close[i]>Open[i] && Close[i+1]<Low[i+2] && Close[i]>High[i+1]. Bearish OB (Default): Close[i+2]>Open[i+2] && Close[i+1]>Open[i+1] && Close[i]<Open[i] && Close[i+1]>High[i+2] && Close[i]<Low[i+1]. FVG modes include additional 3-candle gap logic.
Inputs
- Mode (default: OB_MODE_DEFAULT)
See signal primitives and every published strategy that uses OrderBlock FVG Detector on WOBR StrategyVerse.