Order Block Refined Indicator for ICT in MT4 Download [Free] TFlab

The 🧱 Order Block Refined (OBR) in MT4 indicator is a powerful tool built for traders who follow the ICT and Smart Money (SMC) trading concepts on the MetaTrader 4 (MT4) platform.

It automatically highlights bullish order blocks in 🟩 green and bearish order blocks in 🟫 brown — marking the price zones where institutional players often make major moves.

These zones represent areas of strong market interest, where large buy or sell orders can trigger trend reversals or continuations. With OBR, traders can easily recognize these high-impact zones and make more confident, data-driven trading decisions.

📊 Order Block Indicator Overview

Categories:

🧠 ICT MT4 Indicators

💰 Smart Money MT4 Indicators

📈 Supply & Demand MT4 Indicators

💱 Currency Strength MT4 Indicators

Platform: 💻 MetaTrader 4

Skill Level: ⚙️ Advanced

Type: 🔮 Leading / 🔁 Reversal

Timeframe: ⏰ Multi-Timeframe

Trading Style: ⚡ Day Trading | 🕒 Intraday | 🚀 Scalping

Markets: 💵 Forex | 💎 Crypto | 📊 Indices

🔍 Quick Insight

The OBR indicator makes it simple to visualize key order block zones on your chart — 🟩 green for bullish and 🟫 brown for bearish.

It’s an essential Smart Money tool that helps traders detect institutional footprints and anticipate market direction shifts with precision.

🟩 Bullish Order Block Example

📈 GER40 Index (15-Minute)

The OBR identifies a bullish order block at the 18207.4 level, shaded in 🟩 green.

When the price revisits this zone, it triggers a strong upward move, confirming the zone as an institutional demand level.

Traders can use this confirmation for entry alignment and trend continuation setups.

🟫 Bearish Order Block Example

📉 USD/CAD (5-Minute)

The OBR spots a bearish order block near 1.35720, highlighted in 🟫 brown.

Upon retesting, the price reacts to the level but fails to break above — leading to a sharp downward movement.

This confirms a liquidity zone where institutional sellers dominate, offering ideal short opportunities.

⚙️ OBR Indicator Settings

• 🎨 Theme Selection: Light, Dark, or Auto modes
• 🔢 Candles to Analyze: Number of past candles used for calculations
• 🔄 Trend Detection: Choose between ZigZag or Candle-based logic
• 🧭 Cycle Arrows: Show or hide cycle-start markers
• 🟩 Display Order Blocks: Toggle order block visibility
• 🧱 Block Mode: Normal or Aggressive identification
• 🔁 Block Replacement: Enable or disable new block overrides
• 🔒 Zone Closure: Decide whether zones remain active after breaks

🧭 Conclusion

The Order Block Refined (OBR) indicator is more than just a visual tool — it’s a strategic trading assistant.

By clearly marking institutional order zones, it allows traders to trade in harmony with Smart Money, improving accuracy and timing.

Whether you’re a day trader, scalper, or ICT-style analyst, OBR helps you see the market the way professionals do. 🚀