The Omega Smart analyst is a tool designed to help traders visualize in a clearer way key price levels on the chart based on the price and the volume. The indicator has some features, including:
- Option to customize the colors for all of the tools available to have common aesthetics - Option to choose the length and the sensitivity for all of the tools
Volume clusters: display automatic volume clusters that can be used as support or resistance following the order block theory. These levels can be highlighted or extended in the settings.
Support and resistance: show automatic support and resistance levels based on volume. Candle coloring: color candles based on volume and volatility, great to use as a signal confirmation.
Full levels: show previous high, low, and close levels on the chart, great to use to detect liquidity and breakouts Bias target: a tool to enhance one of the low or high of the previous full levels according to the daily liquidity bias ICT method. As shown in the picture above you can also choose to display only these levels.
Market structure: show the current trend according to the market structure. Structure origin: shows the main level of support and resistance with an area that gives also an indication of the current price volatility.
Risk Disclaimer:
All content and scripts provided are purely for informational & educational purposes only and do not constitute financial advice or a solicitation to buy or sell any securities of any type. Past performance does not guarantee future results. Trading can lead to a loss of the invested capital in the financial markets. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Now the Middle point of the Full levels options is the middle pivot point instead of the closing price
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VWAP Added
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Now the candle coloring is based on the lowest timeframe volume delta divergences
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Semaphore Visual added: New data visualitation with more data on the chart
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Semaphore Visual: separated the Forward value from the Lookback Value for more customisation.
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Script Adjustments
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Bug Fixes
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Update: Added the Internal and External Swing Points, Added the Fair Value Gaps option.
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Liquidation Bubbles Added in the Overlay Section
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Minor Changes
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Now users that doesn't have paid plans can use the indicator