// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © EmreKb //@version=5 indicator("Market Structure Break & Order Block", "MSB-OB", overlay=true, max_lines_count=500, max_bars_back=4900, max_boxes_count=500) settings = "Settings" zigzag_len = input.int(9, "ZigZag Length", group=settings) show_zigzag = input.bool(true, "Show Zigzag", group=settings) fib_factor = input.float(0.33, "Fib Factor for breakout confirmation", 0, 1, 0.01, group=settings) text_size = input.string(size.tiny, "Text Size", [size.tiny, size.small, size.normal, size.large, size.huge], group=settings) delete_boxes = input.bool(true, "Delete Old/Broken Boxes", group=settings) bu_ob_inline_color = "Bu-OB Colors" be_ob_inline_color = "Be-OB Colors" bu_bb_inline_color = "Bu-BB Colors" be_bb_inline_color = "Be-BB Colors" bu_ob_display_settings = "Bu-OB Display Settings" bu_ob_color = input.color(color.new(color.green, 70), "Color", group=bu_ob_display_settings, inline=bu_ob_inline_color) bu_ob_border_color = input.color(color.green, "Border Color", group=bu_ob_display_settings, inline=bu_ob_inline_color) bu_ob_text_color = input.color(color.green, "Text Color", group=bu_ob_display_settings, inline=bu_ob_inline_color) be_ob_display_settings = "Be-OB Display Settings" be_ob_color = input.color(color.new(color.red, 70), "Color", group=be_ob_display_settings, inline=be_ob_inline_color) be_ob_border_color = input.color(color.red, "Border Color", group=be_ob_display_settings, inline=be_ob_inline_color) be_ob_text_color = input.color(color.red, "Text Color", group=be_ob_display_settings, inline=be_ob_inline_color) bu_bb_display_settings = "Bu-BB & Bu-MB Display Settings" bu_bb_color = input.color(color.new(color.green, 70), "Color", group=bu_bb_display_settings, inline=bu_bb_inline_color) bu_bb_border_color = input.color(color.green, "Border Color", group=bu_bb_display_settings, inline=bu_bb_inline_color) bu_bb_text_color = input.color(color.green, "Text Color", group=bu_bb_display_settings, inline=bu_bb_inline_color) be_bb_display_settings = "Be-BB & Be-MB Display Settings" be_bb_color = input.color(color.new(color.red, 70), "Color", group=be_bb_display_settings, inline=be_bb_inline_color) be_bb_border_color = input.color(color.red, "Border Color", group=be_bb_display_settings, inline=be_bb_inline_color) be_bb_text_color = input.color(color.red, "Text Color", group=be_bb_display_settings, inline=be_bb_inline_color) var float[] high_points_arr = array.new_float(5) var int[] high_index_arr = array.new_int(5) var float[] low_points_arr = array.new_float(5) var int[] low_index_arr = array.new_int(5) var box[] bu_ob_boxes = array.new_box(5) var box[] be_ob_boxes = array.new_box(5) var box[] bu_bb_boxes = array.new_box(5) var box[] be_bb_boxes = array.new_box(5) to_up = high >= ta.highest(zigzag_len) to_down = low <= ta.lowest(zigzag_len) trend = 1 trend := nz(trend[1], 1) trend := trend == 1 and to_down ? -1 : trend == -1 and to_up ? 1 : trend last_trend_up_since = ta.barssince(to_up[1]) low_val = ta.lowest(nz(last_trend_up_since > 0 ? last_trend_up_since : 1, 1)) low_index = bar_index - ta.barssince(low_val == low) last_trend_down_since = ta.barssince(to_down[1]) high_val = ta.highest(nz(last_trend_down_since > 0 ? last_trend_down_since : 1, 1)) high_index = bar_index - ta.barssince(high_val == high) if ta.change(trend) != 0 if trend == 1 array.push(low_points_arr, low_val) array.push(low_index_arr, low_index) if trend == -1 array.push(high_points_arr, high_val) array.push(high_index_arr, high_index) f_get_high(ind) => [array.get(high_points_arr, array.size(high_points_arr) - 1 - ind), array.get(high_index_arr, array.size(high_index_arr) - 1 - ind)] f_get_low(ind) => [array.get(low_points_arr, array.size(low_points_arr) - 1 - ind), array.get(low_index_arr, array.size(low_index_arr) - 1 - ind)] f_delete_box(box_arr) => if delete_boxes box.delete(array.shift(box_arr)) else array.shift(box_arr) 0 [h0, h0i] = f_get_high(0) [h1, h1i] = f_get_high(1) [l0, l0i] = f_get_low(0) [l1, l1i] = f_get_low(1) if ta.change(trend) != 0 and show_zigzag if trend == 1 line.new(h0i, h0, l0i, l0) if trend == -1 line.new(l0i, l0, h0i, h0) market = 1 market := nz(market[1], 1) // market := market == 1 and close < l0 and low < l0 - math.abs(h0 - l0) * fib_factor ? -1 : market == -1 and close > h0 and high > h0 + math.abs(h0 - l0) * fib_factor ? 1 : market last_l0 = ta.valuewhen(ta.change(market) != 0, l0, 0) last_h0 = ta.valuewhen(ta.change(market) != 0, h0, 0) market := last_l0 == l0 or last_h0 == h0 ? market : market == 1 and l0 < l1 and l0 < l1 - math.abs(h0 - l1) * fib_factor ? -1 : market == -1 and h0 > h1 and h0 > h1 + math.abs(h1 - l0) * fib_factor ? 1 : market bu_ob_index = bar_index bu_ob_index := nz(bu_ob_index[1], bar_index) for i=h1i to l0i[zigzag_len] index = bar_index - i if open[index] > close[index] bu_ob_index := bar_index[index] bu_ob_since = bar_index - bu_ob_index be_ob_index = bar_index be_ob_index := nz(be_ob_index[1], bar_index) for i=l1i to h0i[zigzag_len] index = bar_index - i if open[index] < close[index] be_ob_index := bar_index[index] be_ob_since = bar_index - be_ob_index be_bb_index = bar_index be_bb_index := nz(be_bb_index[1], bar_index) for i=h1i - zigzag_len to l1i index = bar_index - i if open[index] > close[index] be_bb_index := bar_index[index] be_bb_since = bar_index - be_bb_index bu_bb_index = bar_index bu_bb_index := nz(bu_bb_index[1], bar_index) for i=l1i - zigzag_len to h1i index = bar_index - i if open[index] < close[index] bu_bb_index := bar_index[index] bu_bb_since = bar_index - bu_bb_index if ta.change(market) != 0 if market == 1 line.new(h1i, h1, h0i, h1, color=color.green, width=2) label.new(int(math.avg(h1i, l0i)), h1, "MSB", color=color.new(color.black, 100), style=label.style_label_down, textcolor=color.green, size=size.small) bu_ob = box.new(bu_ob_index, high[bu_ob_since], bar_index + 10, low[bu_ob_since], bgcolor=bu_ob_color, border_color=bu_ob_border_color, text="Bu-OB", text_color=bu_ob_text_color, text_halign=text.align_right, text_size=text_size) bu_bb = box.new(bu_bb_index, high[bu_bb_since], bar_index + 10, low[bu_bb_since], bgcolor=bu_bb_color, border_color=bu_bb_border_color, text=l0 < l1 ? "Bu-BB" : "Bu-MB", text_color=bu_bb_text_color, text_halign=text.align_right, text_size=text_size) array.push(bu_ob_boxes, bu_ob) array.push(bu_bb_boxes, bu_bb) if market == -1 line.new(l1i, l1, l0i, l1, color=color.red, width=2) label.new(int(math.avg(l1i, h0i)), l1, "MSB", color=color.new(color.black, 100), style=label.style_label_up, textcolor=color.red, size=size.small) be_ob = box.new(be_ob_index, high[be_ob_since], bar_index + 10, low[be_ob_since], bgcolor=be_ob_color, border_color=be_ob_border_color, text="Be-OB", text_color=be_ob_text_color, text_halign=text.align_right, text_size=text_size) be_bb = box.new(be_bb_index, high[be_bb_since], bar_index + 10, low[be_bb_since], bgcolor=be_bb_color, border_color=be_bb_border_color, text=h0 > h1 ? "Be-BB" : "Be-MB", text_color=be_bb_text_color, text_halign=text.align_right, text_size=text_size) array.push(be_ob_boxes, be_ob) array.push(be_bb_boxes, be_bb) for bull_ob in bu_ob_boxes bottom = box.get_bottom(bull_ob) top = box.get_top(bull_ob) if close < bottom f_delete_box(bu_ob_boxes) else if close < top alert("Price in the BU-OB zone") else box.set_right(bull_ob, bar_index + 10) for bear_ob in be_ob_boxes top = box.get_top(bear_ob) bottom = box.get_bottom((bear_ob)) if close > top f_delete_box(be_ob_boxes) if close > bottom alert("Price in the BE-OB zone") else box.set_right(bear_ob, bar_index + 10) for bear_bb in be_bb_boxes top = box.get_top(bear_bb) bottom = box.get_bottom(bear_bb) if close > top f_delete_box(be_bb_boxes) else if close > bottom alert("Price in the BE-BB zone") else box.set_right(bear_bb, bar_index + 10) for bull_bb in bu_bb_boxes bottom = box.get_bottom(bull_bb) top = box.get_top(bull_bb) if close < bottom f_delete_box(bu_bb_boxes) else if close < top alert("Price in the BU-BB zone") else box.set_right(bull_bb, bar_index + 10) alertcondition(ta.change(market) != 0, "MSB", "MSB")