This overlay indicator finds pivot highs and lows on the price chart and compares the last two highs and the last two lows. When the percentage difference between a pair is below the Equal HL threshold, it treats them as equal levels and draws a box. Left and
Indicator · Pine Script v4 · On the chart
MTF Order Block Finder
MTF Order Block Finder is a price-chart indicator that marks institutional order blocks from a selected higher timeframe.
GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code395
Settings18inputs
LicenceNone stated
Last update2 months ago5 Aug 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
A bullish block is the last down candle before a run of up candles, and a bearish block is the last up candle before a run of down candles. It draws a limited number of zones as boxes, high-low-average lines, or both. Settings control sequence length, minimum move, doji and fuzzy filters, drawing distance, source prices, and candle shift. Lower timeframes than the chart are ignored.
- Higher-timeframe order block detection
- Bullish and bearish zone drawing
- Box, line, or both drawing styles
- Doji and imperfect-sequence filters
- Distance filter from current price
Details
Published by
alvinng214 on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
SMC / ICT / price action, Support & resistance
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Hover over ( ! ) for Intro | bool | true | doc |
| Order Block Timeframe | timeframe | | resolution |
| Order Block Required Length | int | 5 | ob_period |
| Order Block Required Move % | float | 0.3 | threshold |
| Bullish Zones to Show | int | 4 | bull_channels |
| Bearish Zones to Show | int | 4 | bear_channels |
| 1st Candle Filter | float | 0.05 | doji |
| 2nd+ Candle Filter | float | 0.01 | fuzzy |
| Order Block Draw Distance % | float | 0 | near_price |
| Zone Drawing Style | string | BOX | style |
| Bullish Zone Color | color | color.new(color.green,65) | bullcolor |
| Bearish Zone Color | color | color.new(color.red,65) | bearcolor |
Show all 18 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Line Width for Zone's High/Low | int | 1 | linewidth_hl |
| Line Width for Zone's Avg | int | 1 | linewidth_avg |
| Order Block Candle Shift | int | 1 | ob_shift |
| Order Block Source Selector | string | OHLC | ob_selector |
| Order Block Context Search Length | int | 2 | ob_search |
| "MTF Order Block Finder" Version # | input | version | dummy1 |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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