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POI Box & 50% Fib
POI Box & 50% Fib
This indicator is one of a collection of eight ‘Smart Money’ Indicators for MT4:
Breaker Blocks Order Blocks
Choch & BOS Origin Order Blocks
Fair Value Gaps POI Box & 50% Fib
Kill Zones Unmitigated Order Blocks
This indicator allows you to MANUALLY add a highlight box to any POI you wish (order
blocks, fair value gaps, etc) it then adds a 50% level line automatically.
It also gives you the option to have alerts trigger from both the POI box outline and/or the
50% fib line.
Then if you want to mark the 50% level of the POI you had to:
Place the Fibonacci tool over the box
Mark the Fibonacci 50% level with a horizontal line
Then delete the Fibonacci tool
This left you with a highlighted POI & the 50% level marked up…
Now you can achieve all this in a couple of steps using the POI Box and 50% Fib indicator!
Indicator Features:
Manually highlight any POI (Order Blocks, Fair Value Gaps, etc) on any chart
50% Fib line function - Automatically determines the 50% level of any POI
Easily added to any chart using the ‘backslash’ key ( \ ) on your keyboard
Alerts on price touch of POI box
Alerts on price touch of 50% Fib line
Alerts to Popup, Push & Email
Function Notes:
Wherever you click your mouse in the chart is where the POI Box will appear when
you press the backslash ( \ ) key
Alerts trigger: every time price touches:
o The POI Box outline (if activated in the settings)
o The 50% Fib line (if activated in the settings)
Alerts will still trigger if price hits the price level when it’s PAST the POI box outline
Wicks Matter? - Wicks DO count (to trigger alerts) for any candle that touches either
the rectangle outline or the 50% Fib line
Display Options:
To place a new highlight box on any POI, simply click anywhere in the MT4 chart then press
the ‘backslash’ key ( \ ) on your keyboard:
You can then move the box to the POI you wish to highlight and adjust its size to fit. The
50% fib line function in the indicator will then automatically adjust to the 50% level of the
box (and show the price at the right hand side of chart):
POI Box Outline Alert: the Alert will trigger instantly when price touches the POI Box outline
POI Box 50% Line Alert: the Alert will trigger instantly when price touches the 50% line
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