Breaker Blocks | Flux Charts

💎 GENERAL OVERVIEW
Introducing our new Volumized Breaker Blocks indicator! This new indicator can render breaker blocks with their volumetric information. It's highly customizable with detection, invalidation and style settings.

Features of the new Volumized Breaker Block indicator :

1. Render Bullish & Bearish Breaker Blocks
   
2. Enable / Disable Volumetric Information
   
3. Enable / Disable Historic Zones
   
4. Visual Customizability
   

📌 HOW DOES IT WORK ?
Breaker blocks form when an order block fails, or "breaks". It is often associated with market going in the opposite direction of the broken order block, and they can be spotted by following order blocks and finding the point they get broken, ie. price goes below a bullish order block.

The volume of a breaker block is simply the total volume of the bar that the original order block is broken.

🚩UNIQUENESS
This indicator can not only detect breaker blocks, but it can also detect them with their volumetric information. Volumetric information can be crucial when considering an breaker block's strength, which can be a crucial form of confluence in certain trading strategies.

⚙️SETTINGS

1. General Configuration
Volumetric Info -> The volumetric information of the Breaker Blocks will be rendered if activated.

Zone Invalidation -> Select between Wick & Close price for Breaker Block Invalidation.

Swing Length -> Swing length is used when finding breaker block formations. Smaller values will result in finding smaller breaker blocks.

Versionsinformation:

• Added a setting to change how Order Blocks are invalidated
  

Versionsinformation:

• Fixed a bug that sometimes caused flicker of rendered zones
  

Versionsinformation:

• Added zone count setting
  
• Improved reliability
  

Versionsinformation:

• Added an option to change the text color.
  

Versionsinformation:

• Fixed a rare bug happening with bigger candles.