// This Pine Script™ code is subject to the terms of the Attribution-NonCommercial-
ShareAlike 4.0 International (CC BY-NC-SA 4.0)
https://creativecommons.org/licenses/by-nc-sa/4.0/
// © Faisal
//@version=6
indicator('RSI Order Blocks', overlay = true, max_bars_back = 500)
maxObStack = 8
rsiLength = input.int(14, title = 'RSI Length ', group = 'Relative Strength Index
Order Block Settings')
length = input.int(10, title = 'RSI Order Block Sensitivity ', group = 'Relative
Strength Index Order Block Settings')
showLastRsiOb = input.int(2, title = 'Show Last ( X ) Number of Order Blocks ',
maxval = 6, minval = 1, group = 'Relative Strength Index Order Block Settings')
mitigationMethod = input.string('Close', title = 'Mitigation Method ', options =
['Close', 'Wick'], group = 'Relative Strength Index Order Block Settings')
orderBlockType = input.string('Candle Body', title = 'Order Block Style ', options
= ['Candle Body', 'Full Candle'], group = 'Relative Strength Index Order Block
Settings')
rsiFilter = input.bool(false, title = 'RSI OB / OS Filter ', tooltip = 'Do NOT
Create Order Block if RSI is between 30 and 70', group = 'Relative Strength Index
Order Block Settings')
colorBullishOb = input.color(color.new(#089981, 70), title = 'Order Block Colors
', group = 'Visual Settings', inline = 'visual')
colorBearishOb = input.color(color.new(#f23645, 70), title = ' ', group = 'Visual
Settings', inline = 'visual')
for bn in box.all
bn.delete()
type orderblock
float top
float bottom
int barStart
bool broken
float rsiVal
var array<orderblock> bullishObArray = array.new<orderblock>()
var array<orderblock> bearishObArray = array.new<orderblock>()
var int obCounter = na
var float mitigationVal = na
var bool overlap = false
var float top = na
var float bottom = na
rsi = ta.rsi(close, rsiLength)
rsiPh = ta.pivothigh(rsi, length, length)
rsiPl = ta.pivotlow(rsi, length, length)
if bool(rsiPh)
top := orderBlockType == 'Candle Body' ? close[length] > open[length] ?
close[length] : open[length] : high[length]
bottom := orderBlockType == 'Candle Body' ? close[length] > open[length] ?
open[length] : close[length] : low[length]
if rsiFilter and rsi[length] > 70
bearishObArray.push(orderblock.new(top, bottom, time[length], false,
rsi[length]))
if array.size(bearishObArray) > maxObStack
array.shift(bearishObArray)
else if rsiFilter == false
bearishObArray.push(orderblock.new(top, bottom, time[length], false,
rsi[length]))
if array.size(bearishObArray) > maxObStack
array.shift(bearishObArray)
if bool(rsiPl)
top := orderBlockType == 'Candle Body' ? close[length] > open[length] ?
close[length] : open[length] : high[length]
bottom := orderBlockType == 'Candle Body' ? close[length] > open[length] ?
open[length] : close[length] : low[length]
if rsiFilter and rsi[length] < 30
bullishObArray.push(orderblock.new(top, bottom, time[length], false,
rsi[length]))
if array.size(bullishObArray) > maxObStack
array.shift(bullishObArray)
else if rsiFilter == false
bullishObArray.push(orderblock.new(top, bottom, time[length], false,
rsi[length]))
if array.size(bullishObArray) > maxObStack
array.shift(bullishObArray)
// update, removing stuff
if array.size(bearishObArray) > 0
mitigationVal := mitigationMethod == 'Close' ? close : high
for i = array.size(bearishObArray) - 1 to 0 by 1
ob = array.get(bearishObArray, i)
if mitigationVal > ob.top
ob.broken := true
array.remove(bearishObArray, i)
if array.size(bullishObArray) > 0
mitigationVal := mitigationMethod == 'Close' ? close : low
for i = array.size(bullishObArray) - 1 to 0 by 1
ob = array.get(bullishObArray, i)
if mitigationVal < ob.bottom
ob.broken := true
array.remove(bullishObArray, i)
// Draw Blocks Part
if array.size(bearishObArray) > 0
obCounter := 0
for i = array.size(bearishObArray) - 1 to 0 by 1
if obCounter < showLastRsiOb
ob = array.get(bearishObArray, i)
overlap := false
for overlapBox in box.all
if ob.top > overlapBox.get_top() and ob.bottom <
overlapBox.get_bottom()
overlap := true
overlap
if overlap == false
box.new(left = ob.barStart, top = ob.top, right = time, bottom =
ob.bottom, bgcolor = colorBearishOb, border_width = 1, text = 'Bearish RSI OB ' + '
- ' + str.tostring(ob.rsiVal, '#.#'), text_halign = text.align_right, text_size =
size.tiny, text_color = color.new(color.white, 20), border_color =
color.new(color.white, 85), xloc = xloc.bar_time)
obCounter := obCounter + 1
obCounter
if array.size(bullishObArray) > 0
obCounter := 0
for i = array.size(bullishObArray) - 1 to 0 by 1
if obCounter < showLastRsiOb
ob = array.get(bullishObArray, i)
overlap := false
for overlapBox in box.all
if ob.top > overlapBox.get_top() and ob.bottom <
overlapBox.get_bottom()
overlap := true
overlap
if not overlap
box.new(left = ob.barStart, top = ob.top, right = time, bottom =
ob.bottom, bgcolor = colorBullishOb, border_width = 1, text = 'Bullish RSI OB ' + '
- ' + str.tostring(ob.rsiVal, '#.#'), text_halign = text.align_right, text_size =
size.tiny, text_color = color.new(color.white, 20), border_color =
color.new(color.white, 85), xloc = xloc.bar_time)
obCounter := obCounter + 1
obCounter
