Smart Order Blocks

An order block is the candle preceding a move that broke structure, on the argument that it marks where size was positioned. Marking them by hand is slow and inconsistent between traders. This indicator applies one rule every time, drawing the block as soon as the structure break confirms.

Mitigation is handled explicitly. A block price has already traded back into has done its work, and leaving it on the chart is clutter, so mitigated blocks grey out while unmitigated ones extend forward. Whether a wick or a closing price counts as mitigation is your choice, as is how many blocks remain active on each side.

The swing length that defines a structure break is the setting that changes everything else. A short length marks many blocks on minor swings, a long one marks few on major ones.