SMC Signal [Old Version]

SMC Signal [Old Version] — Indicator Overview

The SMC Signal [Old Version] is a classic buy/sell signal indicator that predates the more advanced SMC Hybrid release. Due to popular demand from users who preferred the older signal approach, it has been brought back for those seeking a simpler, more direct style of analysis. Despite its simpler design, the indicator combines core elements of volume, price structure, and pivot-based support/resistance to help traders identify potential trade setups. It is compatible with all markets — Forex, Crypto, Stocks, Commodities—and can be applied on any timeframe.

Key Features
1.Straightforward Buy/Sell Signals
- Generates buy/sell signals using a proprietary algorithm (original version) that focuses on price movement and volume analysis.
- Employs internal filtering to reduce potential noise and deliver clearer signals.
2. Volume Profile & Supply/Demand Zones
- Highlights key levels including Point of Control (POC), Value Area High (VAH), Value Area Low (VAL), and low-volume zones.
- Low-volume zones act as preliminary Supply/Demand (Orderblock) areas where price may reverse or consolidate.
3. Pivot-Based Support/Resistance Lines
- Automatically plots dynamic support/resistance lines based on both quick and standard pivot highs/lows.
- Color-coded lines help visualize current price direction relative to these pivotal levels.
4. Fibonacci Discount/Premium Zones
- Identifies simple discount and premium regions (based on Fibonacci levels) where price may be considered undervalued or overvalued.
- Helps traders spot potential reversal or pullback points in line with volume-based levels.
5. Adaptable to All Timeframes & Markets
- Works seamlessly on any instrument (Forex, Crypto, Stocks, Commodities) and any timeframe.
- The indicator’s signals and levels dynamically adjust to reflect real-time market data.
6. Visual Trade Setup Table
- Includes an on-chart guide for trade setups, illustrating multiple strategies—from instant entry on signal triggers to waiting for price to interact with critical support/resistance zones.
- Assists traders in following disciplined rules and maintaining clarity in different market scenarios.

Application and Best Practices
1. Multi-Timeframe Alignment
- Use higher timeframes to identify the main market trend and cross-check signals on lower timeframes for precise entry/exit decisions.
2. Supply & Demand Confirmation
- Combine the buy/sell signals with supply/demand zone analysis and pivot-based support/resistance for higher-probability setups.
3. Risk Management
- Place stops and targets around significant volume nodes, pivot lines, or key Fibonacci levels.
- Adjust position sizing and monitor overall exposure to maintain consistent risk control.
4. Practice & Adaptation
- Since this is an older version, testing on a demo account is strongly recommended to ensure it aligns well with your trading style.
- Feel free to toggle features such as Volume Profile or Pivot Lines based on personal preference or market context.

Risk Disclaimer
The SMC Signal [Old Version] indicator is provided for educational and informational purposes only. It does not constitute financial or investment advice. Trading involves significant risk, and individuals should perform their own due diligence and consider consulting a licensed financial professional before making any investment decisions. The developer assumes no responsibility for any trading losses.

Summary
SMC Signal [Old Version] offers a more straightforward, yet powerful way to identify potential trading opportunities by combining volume profile, supply/demand basics, pivot-based S/R, and simple Fibonacci zones. While it lacks the advanced capabilities of the newer SMC Hybrid, it remains a solid choice for traders favoring a classic approach. Used wisely—alongside disciplined risk management and multi-timeframe analysis—it can still deliver robust insights for all market conditions.