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Pure Price Action Order & Breaker Blocks

By LuxAlgoJul 30, 2024

Pure Price Action Order & Breaker Blocks is an indicator on Vela, our next-generation charting platform, written in Pine Script®.

Pure Price Action Order & Breaker Blocks maps each order block, a zone where heavy accumulation or distribution preceded a strong move, and keeps watching after the level gives way: an invalidated block evolves into a breaker block, confirmed when price returns to mitigate it. Detection runs on pattern-based swing points with no predefined input lengths, so the zones follow structure rather than settings.

How to Trade the Pure Price Action Order & Breaker Blocks?

  • Fresh order blocks: potential support or resistance where significant orders accumulated after a strong move and consolidation.
  • Breaker confirmation: when price comes back to mitigate an invalidated block, the flipped zone frames retracement and continuation setups.
  • Historical Polarity Changes: optional labels replay past effective setups, most instructive in replay, and worth knowing they may repaint.

Swing detection is hierarchical: a short-term swing high is a peak surrounded by lower highs, its counterpart a trough surrounded by higher lows, and the intermediate and long-term ranks are refined layer by layer from those earlier detections.

Pure Price Action Order & Breaker Blocks Settings

  • Detection: the market structure rank used for swing point detection.
  • Show Last Bullish OB: how many recent bullish order/breaker blocks stay displayed.
  • Show Last Bearish OB: the bearish equivalent.
  • Use Candle Body: define zones from candle bodies rather than full candle ranges.
  • Show Historical Polarity Changes: toggles the retrospective setup labels.

Frequently Asked Questions

Free to use

Run it on Vela. Go further with a paid plan.

  • Up to 500 Custom Alerts, with webhook automation
  • Up to 10× the chart history of Free
  • Orderflow lookback up to full history
  • More Quant usage to customize it, plus extra usage when you need it
  • Futures data alongside crypto, stocks, forex and commodities
See plans

Also works on

TradingView
NinjaTrader
MetaTrader 4/5
Original indicatorBuilt in-house by LuxAlgo

Run it on Vela. Make it yours with Quant.

Open this indicator free on Vela, our next-generation charting platform. Then ask Quant, our coding agent built into Vela, to retune it or turn it into a backtested strategy of your own.