Advanced Signal Block System MT4 (Build 1441+)

What is Indicator Advanced Signal Block System MT4?

Advanced Signal Block System is a powerful custom indicator designed to enhance signal accuracy by intelligently combining fractals, order block logic, and Engulfing candlestick patterns. This indicator is ideal for both scalping and swing trading.

Version: New Version
The Right Platform: Meta Trader 4 (MT4)
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Key Features

🔹High Probability Entry/Reversal Zones: Combine fractals and block logic to detect high probability reversal points, providing accurate entry zones.
🔹Burn Candle Confirmation: Confirm trend breakouts or continuations with candlestick body-based engulfing logic, adding a layer of validation to the signal.
🔹Flexible Timeframe Adaptability: Works on the current timeframe of the chart, making it flexible to use on different timeframes such as M5, M15, H1

Advanced Signal Block System MT4 Review

Fast-moving markets like GBPUSD or EURUSD are suitable for this indicator.
This indicator provides clear entry and exit signals with smart arrows, trend MAs, and price structure levels.
It is an ideal solution for traders who prefer intuitive, rule-based setups with minimal caution.

1. Buy Order (Long Entry)

Entry Conditions:

➡️ A purple or white upward arrow appears below a bullish candle.
➡️ Price is above the blue MA line, or the red MA turns blue.
➡️ Price breaks or rebounds from a support level (horizontal dotted zone).

Trade Setup:

➡️ Buy immediately after confirmation of the upward arrow.
➡️ Stop Loss (SL): Set below the most recent swing low or support box.
➡️ Take Profit (TP): At the next resistance level, or wait for a downward arrow to appear.

2. Sell Order (Short Entry)

Entry Conditions:

➡️ A purple or white downward arrow appears above a bearish candle.
➡️ Price is below the red MA line, or the blue MA turns red.
➡️ Price touches or rejects from a resistance level (dotted box at the top).

Trade Setup:

➡️ Sell once the downward arrow is confirmed.
➡️ Stop Loss (SL): Above the most recent swing high or resistance zone.
➡️ Take Profit (TP): At the next support level or when an upward arrow appears.

Information about Advanced Signal Block System

Specially designed to identify Order Blocks and Engulfing Candle patterns.
With customizable fractal settings, color-coded Order Block visualization, and flexible OB drawing logic, this indicator is ideal for Price Action traders.

➡️ TimeFrame: The indicator operates on the current chart timeframe and adapts to any selected period.
➡️ Fractals period: Set to 36; this value defines the period used to detect market structure through fractals. A higher value filters out market noise and identifies more reliable order blocks.
➡️ Line on OB Candle: Enabled (true), draws a visual line on every detected Order Block candle to enhance price zone visibility.
➡️ Line only on Engulfing OB Candle: Disabled (false), meaning lines are drawn on both engulfing and non-engulfing order block candles.
➡️ Engulfing type: Set to “Candle’s body,” meaning engulfing patterns are recognized based on the candle bodies, ignoring the wicks.
➡️ OB Line type: Set to “Candle’s wick,” the indicator uses candle highs and lows to determine Order Block zone boundaries.
➡️ soundAlert: Disabled (false), no sound will play when a new signal is detected.
➡️ popupAlert: Disabled (false), no on-screen alert box will appear when conditions are met.
➡️ pushAlert: Disabled (false), push notifications to your MetaTrader mobile app are turned off.
➡️ emailAlert: Disabled (false), no email notifications are sent when signals trigger.
➡️ OB Line length (bars): Set to 15; defines how many candles the order block line will remain visible on the chart.
➡️ BULL OB Line color: Set to Aqua; marks bullish order block zones for quick visual identification.
➡️ BEAR OB Line color: Set to Magenta; marks bearish order block zones.
➡️ OB Line width: Set to 1; controls the thickness of order block lines.
➡️ OB Line style: Set to Dash; OB lines are displayed as dashed for a cleaner look.
➡️ Engulfing Highlight: Disabled (false); engulfing candles are not highlighted separately.
➡️ Bull Engulfing Highlight color: Set to SkyBlue; would highlight bullish engulfing candles.
➡️ Bear Engulfing Highlight color: Set to Tomato; would highlight bearish engulfing candles.

The Indicator Setting

In the Downloads folder, there are:

✅ StepMA NMC.ex4
✅ Candle Timer.ex4
✅ Super Signal.ex4
✅ Advanced Signal Block (Orgn).ex4

Conclusion

The Advanced Signal Block System MT4 is a powerful and intelligent trading indicator designed to elevate market analysis by blending fractals, order block logic, and engulfing candlestick patterns. Ideal for both scalping and swing trading, this all-in-one system delivers high-probability entry and reversal signals with strong visual clarity, making it highly effective across multiple timeframes like M5, M15, and H1.