CISD indicator for MT5 with order block and circuit breaker block (CISD-CSD-OB+BB)

The CISD indicator with Order Block and Circuit Breaker Block (CISD-CSD + OB & BB) is one of the MetaTrader 5 ICT indicator .

This indicator identifies bullish order blocks in blue and bearish order blocks in red, and is useful for traders who want to identify the order block ranges of major market players.

Additionally, the indicator identifies CISD level breakout and displays bullish and bearish breakout signals on the chart when price enters the order range, alerting traders to potential trading opportunities.

CISD indicator table with order block and circuit breaker block

The following table lists the specifications and general information of the (CISD-OB+BB) indicator.

Indicators at a glance

The CISD indicator with Order Blocks and Circuit Breaker Blocks is one of the useful indicators for ICT style traders. It identifies bullish and bearish order blocks and displays these ranges as colored boxes on the chart. When the price reaches these ranges and breaks out of the CISD level , the indicator shows trading opportunities to traders.

Bullish Trend

On the 15 minute chart of the AUD/JPY currency pair, the CISD indicator with Order Blocks and Breaker Blocks have identified bullish order block ranges . These areas represent institutional and bank order areas.

Once the price reaches this area, the change in delivery status is recognized and a breakout signal is displayed on the chart. Traders can use this indicator to spot trading opportunities and place buy trades with detailed analysis.

Bearish Trend

In the USD/CAD 30-minute chart of the currency pair, the (CISD-CSD + OB & BB) indicator has identified the bearish order block range and displays it as a red box on the chart.

After the price returns to the order limits, the price moves downwards and a change in delivery status is recognized. A bearish CISD signal will then appear on the chart, which may provide an opportunity to enter a short position.

CISD Indicator with Order Block and Circuit Breaker Block ( CISD-CSD + OB & BB ) Settings

Here are the settings for delivery status changes for order blocking and circuit breaker blocking indicators:

Indicator Setting

• Bar Count : Select the number of candles used to identify and draw horizontal lines.

Level 1 trend setting

• Level 1 Trend Show : Select whether to display the level 1 trend line.

Level 1 OB Setting

• Level 1 OB Show : Choose whether to display the order block range;
• Level 1 OB performance mode : select the display method of the order block range;
• Level 1 OB Last Show : Choose whether to display the last order block;
• Level 1 OB Last Show Number : Select the number of last order block ranges to display.

Level 1 BB Setting

• Level 1 BB Show : Select whether to display the circuit breaker block range;
• Level 1 BB performance mode : select the display method of the circuit breaker block range;
• Level 1 BB last show : Choose whether to show the last breaker block;
• Level 1 BB Last Show Number : Select the number of last breaker block ranges to display.

CISD Setting

• CISD-CSD Breakout Limit : Select the breakout limit for CISD-CSD.

Conclusion

The CISD indicator with Order Blocks and Circuit Breaker Blocks (CISD-CSD + OB & BB) is one of the MetaTrader 5 signals and forecast indicators based on ICT concepts.

This indicator enables traders to detect market trend changes and pinpoint entry points by identifying changes in delivery status (CISD).

Additionally, by identifying institutional and bank order areas, the indicator displays liquidity areas and order levels on the chart using colored range boxes to help traders spot trading opportunities.