Breakerblocks — Indicators and Strategies

ICT Unicorn | Flux Charts 💎 GENERAL OVERVIEW Introducing our new ICT Unicorn Indicator! This indicator is built around the ICT's "Unicorn" strategy. The strategy uses Breaker Blocks and Fair Value Gaps for entry confirmation. For more information about the process, check the "HOW DOES IT WORK" section. Features of the new ICT Unicorn Indicator : Implementation of ICT's Unicorn Strategy Toggleable Retracement Entry Method 3 Different TP / SL Methods Customizable Execution Settings Customizable Backtesting Dashboard Alerts for Buy, Sell, TP & SL Signals 📌 HOW DOES IT WORK ? The ICT Unicorn entry model merges the concepts of Breaker Blocks and Fair Value Gaps (FVGs), offering a distinct method for identifying trade opportunities. By integrating these two elements, we can have a position entry with stop-loss and take-profit targets on the potential support & resistance zones. This model is particularly reliable for trade entry, as it combines two powerful entry techniques. An ICT Unicorn Model consists of a FVG which is overlapping with a Breaker Block of the same type. Here is an example : When a FVG overlaps with a Breaker Block of the same type, the indicator gives a Buy or Sell signal depending on the FVG type (Bullish & Bearish). If the "Require Retracement" option is enabled in the settings, the signals are not given immediately. Instead, the current price of the ticker will need to touch the FVG once more before the signals are given. After the Buy or Sell signal, the indicator immediately draws the take-profit (TP) and stop-loss (SL) targets. The indicator has three different TP & SL modes, explained in the "Settings" section of this write-up. You can set up alerts for entry and TP & SL signals, and also check the current performance of the indicator and adjust the settings accordingly to the current ticker using the backtesting dashboard. 🚩 UNIQUENESS This indicator is an all-in-one suit for the ICT's Unicorn concept. It's capable of plotting the strategy, giving signals, a backtesting dashboard and alerts feature. Different and customizable algorithm modes will help the trader fine-tune the indicator for the asset they are currently trading. Three different TP / SL modes are available to suit your needs. The backtesting dashboard allows you to see how your settings perform in the current ticker. You can also set up alerts to get informed when the strategy is executable for different tickers. ⚙️ SETTINGS 1. General Configuration FVG Detection Sensitivity -> You may select between Low, Normal, High or Extreme FVG detection sensitivity. This will essentially determine the size of the spotted FVGs, with lower sensitivies resulting in spotting bigger FVGs, and higher sensitivies resulting in spotting all sizes of FVGs. Swing Length -> Swing length is used when finding order block formations. Smaller values will result in finding smaller order & breaker blocks. Require Retracement -> a) Disabled : The entry signal is given immediately once a FVG overlaps with a Breaker Block of the same type. b) Enabled : The current price of the ticker will need to touch the FVG once more before the entry signal is given. 2. TP / SL TP / SL Method -> a) Unicorn : This is the default option. The SL will be set to the lowest low of the last 100 bars with an extra offset in a Buy signal. For Sell signals, the SL will be set to the highest high of the last 100 bars with an extra offset. The TP is then set to a value using the SL value and maintaining a risk-reward ratio. b) Dynamic: The TP / SL zones will be auto-determined by the algorithm based on the Average True Range (ATR) of the current ticker. c) Fixed : You can adjust the exact TP / SL ratios from the settings below. Dynamic Risk -> The risk you're willing to take if "Dynamic" TP / SL Method is selected. Higher risk usually means a better winrate at the cost of losing more if the strategy fails. This setting is has a crucial effect on the performance of the indicator, as different tickers may have different volatility so the indicator may have increased performance when this setting is correctly adjusted.

Breaker Blocks Screener | Flux Charts 💎 GENERAL OVERVIEW Introducing our new Breaker Blocks Screener! This screener can provide information about the latest breaker blocks in up to 5 tickers. You can also customize the algorithm that finds the breaker blocks and the styling of the screener. Features of the new Breaker Blocks Screener : Find Latest Breaker Blocks Accross 5 Tickers Latest Status, Restests & Volume Customizable Algoritm / Styling 📌 HOW DOES IT WORK ? Breaker blocks form when an order block fails, or "breaks". It is often associated with market going in the opposite direction of the broken order block, and they can be spotted by following order blocks and finding the point they get broken, ie. price goes below a bullish order block. The volume of a breaker block is simply the total volume of the bar that the original order block is broken. Often the higher the breaking bar's volume, the stronger the breaker block is. This screener then finds breaker blocks accross 5 different tickers, and shows the latest information about them. Status -> Far -> The current price is far away from the breaker block. Approaching ⬆️/⬇️ -> The current price is approaching the breaker block, and the direction it's approaching from. Inside -> The price is currently inside the breaker block. Retests -> Retest means the price to invalidate the breaker block, but failed to do so. Here you can see how many times the price retested the breaker block. For the volume, check the top of the "How Does It Work" section. 🚩UNIQUENESS This screener can detect latest breaker blocks and give information about them for up to 5 tickers. This saves the user time by showing them all in a dashboard at the same time. The screener shows the number of the retests of the breaker block as an unique trait. Another unique ability of the screener is that it shows the latest valid breaker block's volume in the dashboard. ⚙️SETTINGS 1. Tickers You can set up to 5 tickers for the screener to scan breaker blocks here. You can also enable / disable them and set their individual timeframes. 2. General Configuration Zone Invalidations -> Select between Wick & Close price for Order & Breaker Block Invalidation. Swing Length -> Swing length is used when finding order block formations. Smaller values will result in finding smaller order blocks.

Breaker Blocks | Flux Charts 💎 GENERAL OVERVIEW Introducing our new Volumized Breaker Blocks indicator! This new indicator can render breaker blocks with their volumetric information. It's highly customizable with detection, invalidation and style settings. Features of the new Volumized Breaker Block indicator : Render Bullish & Bearish Breaker Blocks Enable / Disable Volumetric Information Enable / Disable Historic Zones Visual Customizability 📌 HOW DOES IT WORK ? Breaker blocks form when an order block fails, or "breaks". It is often associated with market going in the opposite direction of the broken order block, and they can be spotted by following order blocks and finding the point they get broken, ie. price goes below a bullish order block. The volume of a breaker block is simply the total volume of the bar that the original order block is broken. 🚩UNIQUENESS This indicator can not only detect breaker blocks, but it can also detect them with their volumetric information. Volumetric information can be crucial when considering an breaker block's strength, which can be a crucial form of confluence in certain trading strategies. ⚙️SETTINGS 1. General Configuration Volumetric Info -> The volumetric information of the Breaker Blocks will be rendered if activated. Zone Invalidation -> Select between Wick & Close price for Breaker Block Invalidation. Swing Length -> Swing length is used when finding breaker block formations. Smaller values will result in finding smaller breaker blocks.

Breaker Blocks with Signals [LuxAlgo]The Breaker Blocks with Signals indicator aims to highlight a complete methodology based on breaker blocks. Breakout signals between the price and breaker blocks are highlighted and premium/discount swing levels are included to provide potential take profit/stop loss levels. This script also includes alerts for each signal highlighted. 🔶 SETTINGS 🔹 Breaker Blocks Length: Sensitivity of the detected swings used to construct breaker blocks. Higher values will return longer term breaker blocks. Use only candle body: Only use the candle body when determining the maximum/minimum extremities of the order blocks. Use 2 candles instead of 1: Use two candles to confirm the occurrence of a breaker block. Stop at first break of center line: Do not highlight breakout signals after invalidation until reset. 🔹 PD Array Only when E is in premium/discount zone: Only set breaker block if point E of wave ABCDE is within the corresponding zone. Show premium discount zone: Show premium/discount zone. Highlight Swing Break: Highlight occurrences of price breaking a previous swing level. Show Swings/PD Arrays: Show swing levels/labels and pd areas. 🔶 USAGE The Breaker Blocks with Signals indicator aims to provide users with a minimalistic display alongside optimal signals to be aware of for finding trade setups as shown below. Here we can see a MSS occurred allowing the indicator to detect a Breaker Block (-BB) & display a red arrow to confirm this signal. The signal(s) that can be used for potential entries are only during retests of the breaker blocks. A potential strategy traders could use with this indicator is to target the corresponding Discount PD Arrays detected (for a short position) and Premium PD Arrays (for a long position). In the image above we can see price generated the potential entry signals in orange & fell to the Discount PD Arrays as a logical setup to look for with this indicator. As we can see in the image above, signals can be considered invalid when price closes above the 50% level in which it would be suggested to wait for another setup. Users still looking for more potential setups based on the same breaker block can disable the "Stop at first break of center line" setting within the settings menu. In the image above we can see a bullish example whereas price confirmed a bullish breaker block (+BB), had a quick pullback into it that was confirmed by the green arrow, and then reached the Premium PD Arrays. While retests of breaker blocks can still function well if they occur later in the price action, it's most preferable for users to look for entry signals that are near confirmed breaker blocks (5-10 bars) opposed to waiting 20+ bars. Additional take profits based on the occurence of the breaker blocks are given in order to provide targets after the occurence of a breaker block breakout. 🔶 DETAILS Breaker blocks are formed after a mitigated order block, these can provide change of polarity opportunities, thus playing a role as a potential support/resistance. It is the re-test/retrace of price to a breaker block that will set the conditions to provide signals. The above chart describes the creation of a breaker block. The signal generation logic makes use of various rules described below: Bullish Breaker Blocks: opening price is within the breaker block, while the closing price is above the upper extremity of the breaker block. Price did not cross the breaker block average in the interval since the previous breakout. Bearish Breaker Blocks: opening price is within the breaker block, while the closing price is below the lower extremity of the breaker block. Price did not cross the breaker block average in the interval since the previous breakout. When a new pattern is formed, all previous drawings are removed. 🔶 RELATED SCRIPTS

Order Blocks & Breaker Blocks [LuxAlgo]The Order Blocks & Breaker Blocks indicator detects order blocks that can be turned into breaker blocks on the chart automatically once mitigated. Users can determine the amount of bullish and bearish order/breaker blocks that display on their chart from within the settings menu. 🔶 SETTINGS Swing Lookback: Lookback period used for the detection of the swing points used to create order blocks. Show Last Bullish OB: Number of the most recent bullish order/breaker blocks to display on the chart. Show Last Bearish OB: Number of the most recent bearish order/breaker blocks to display on the chart. Use Candle Body: Allows users to use candle bodies as order block areas instead of the full candle range. 🔹 Style Show Historical Polarity Changes: Allows users to see labels indicating where a swing high/low previously occurred within a breaker block. 🔶 USAGE We have published several scripts covering the detection of order blocks previously, however, the concept of breaker blocks was not yet introduced. When price mitigates an order block, a breaker block is confirmed. We can eventually expect price to trade back to this breaker block offering a new trade opportunity. We can see that this is similar to a change in polarity, where a support becomes a resistance after a breakout and vice versa. This script highlights regular order blocks as solid extended areas on the chart and breaker blocks as dashed lines with dual-colored areas. The color change and dashed line starts at the location where the order block was mitigated. Using a higher "Swing Lookback" setting will return longer term order/breaker blocks on the chart. Users can optionally enable "Historical Polarity Changes" labels within the settings menu to see where breaker blocks might have provided an effective trade setup previously. The "Historical Polarity Changes" setting is disabled by default & is most effective using replay mode as the labels are backpainted. The order blocks & breaker blocks themselves can be used in real-time as they are detected based on the swing length & previous breaker blocks being mitigated.

Higher order Orderblocks + Breakerblocks + Range + Alerts This script identifies Orderblocks, Breakerblocks and Range using higher order pivots and priceaction logic. I tried to reduce the number of blocks to make the chart cleaner, for this purpose I use only second order pivots for both MSB lines and supply/demand boxes, I also tried to filter out shifts in MS and false breakouts. Any box has GRAY color until it gets tested. After successful test box gets colors: RED for Supply GREEN for Demand BLUE for any Breakerblocks For cleaner chart and script speed all broken boxes deletes from chart. It gives comparatively clean chart on any TF, even on extra small (5m, 3m, 1m). For Range there is option to plot 0.25, 0.5, 0.75 lines. I usually use log scale on charts and there is an option to use it for proper range mean. In previous my scripts i have requests to make alerts and this time i made it. It has customizable alert catching all needed alerts into one output: - Alert MSB - when market structure changes alert will inform you about its direction, MSB line and new Demand/Supply. - Alert Orderblock or Breakerblock test - alerts when block was tested and it holds (in other words when it get RED/GREEN/BLUE colors) - Alert New Range - when new range detected - Alert Range test - alerts when range top or botoom was tested and it holds. some examples :