Obsidian is an institutional-grade trading tool designed to help traders analyze market structure and liquidity. It automatically detects key Smart Money Concepts (SMC), including Order Blocks, Break of Structure (BOS), Change of Character (CHoCH), and Fair Value Gaps (FVGs).
How It Works: Order Blocks (OBs): Highlights areas where institutional buying or selling has occurred, signaling potential zones of interest. Break of Structure (BOS) & CHoCH: Identifies key structural shifts in market trends. BOS confirms trend continuation, while CHoCH signals possible reversals. Fair Value Gaps (FVGs): Displays price inefficiencies that institutions may fill before continuing price movements. Liquidity Zones & Stop Hunts: Helps traders recognize price areas where liquidity is likely to be grabbed before major moves.
How to Use It:
Apply the script to any asset and timeframe.
Look for Order Blocks aligning with FVGs for potential trade zones.
Use BOS/CHoCH to confirm trend direction before entering trades.
Combine institutional concepts to refine entries and exits.
How to Use It:
Apply the script to any asset and timeframe.
Look for Order Blocks aligning with FVGs for potential trade zones.
Use BOS/CHoCH to confirm trend direction before entering trades.
Combine institutional concepts to refine entries and exits.