The Breaker Block Indicator is a powerful tool designed based on the ICT (Inner Circle Trader) trading methodology. It helps traders identify critical support and resistance zones where price reversals are likely to occur.
Breaker Blocks are essentially broken Order Blocks that transform into key reaction zones once price retests them. These zones provide high-probability trade entry points, making them essential for traders following smart money concepts (SMC).
You can access the Indicator from this link:
https://tradingfinder.com/products/i...ersal-candles/
You can access the Indicator on the TradingView website:
https://www.tradingview.com/script/i...ersal-Candles/
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How Breaker Blocks Work
Breaker Blocks act as liquidity zones where institutional traders often execute orders. When price breaks an Order Block and later retraces to it, the structure shifts into a Breaker Block, offering potential reversal opportunities.
Bullish Breaker Block Example
On the 15-minute ADA/USD chart, a bearish Order Block is broken, converting into a Bullish Breaker Block (highlighted in green). When price retests this zone, it creates a buying opportunity, confirmed by a reversal candle (marked with a green arrow).
Bearish Breaker Block Example
On the 5-minute AUD/USD chart, a bullish Order Block breaks and turns into a Bearish Breaker Block (marked in red). A retest of this zone provides an optimal sell entry, aligning with the new downtrend.
Key Features of the Indicator
The Breaker Blocks & Reversal Candles Indicator includes customizable settings for precision:
Breaker Blocks are essentially broken Order Blocks that transform into key reaction zones once price retests them. These zones provide high-probability trade entry points, making them essential for traders following smart money concepts (SMC).
You can access the Indicator from this link:
https://tradingfinder.com/products/i...ersal-candles/
You can access the Indicator on the TradingView website:
https://www.tradingview.com/script/i...ersal-Candles/
Inserted Video
Prop Firm DrawDown Protector : Prop Firm Capital Protection Expert MT4 | Forex Money Management: Forex Trade Management Expert MT4 |ICT Concepts Indicator MT4 | Smart Money Concepts Expert MT4| Smart Money Trap Scanner | Get a free Expert Advisor license via Telegram and WhatsApp
How Breaker Blocks Work
Breaker Blocks act as liquidity zones where institutional traders often execute orders. When price breaks an Order Block and later retraces to it, the structure shifts into a Breaker Block, offering potential reversal opportunities.
Bullish Breaker Block Example
On the 15-minute ADA/USD chart, a bearish Order Block is broken, converting into a Bullish Breaker Block (highlighted in green). When price retests this zone, it creates a buying opportunity, confirmed by a reversal candle (marked with a green arrow).
Bearish Breaker Block Example
On the 5-minute AUD/USD chart, a bullish Order Block breaks and turns into a Bearish Breaker Block (marked in red). A retest of this zone provides an optimal sell entry, aligning with the new downtrend.
Key Features of the Indicator
The Breaker Blocks & Reversal Candles Indicator includes customizable settings for precision:
- Pivot Period: Adjusts the look-back period for pivot detection (default: 2).
- Breaker Block Validity Period: Determines how long a Breaker Block remains active.
- Mitigation Level OB: Fine-tunes the Order Block reaction sensitivity.
- Breaker Block Refinement: Filters Breaker Block types for better accuracy.
Why Traders Should Use This Indicator
This TradingView indicator is ideal for traders who rely on:
Price Action Strategies
ICT & Smart Money Concepts (SMC)
Support/Resistance Break & Retest Strategies
By highlighting high-probability reversal zones, it enhances trade timing and risk management.
Final Thoughts
The Breaker Blocks & Reversal Candles Indicator is a valuable tool for traders seeking institutional-level insights. Whether trading forex, crypto, or stocks, this free indicator helps identify key turning points with precision.
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