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Smart money concept

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The indicator tracks the smallest movements of price action. It can monitor and analyze market context, attempting to identify trends within each time frame.

If a candle has its entire body above the previous swing high, it indicates a strong upward momentum. The market is leaning towards an upward direction. If the candle remains within the range of the previous swing high, it signifies weak upward momentum. The market is reluctant to move higher.

If a candle has its entire body below the previous swing low, it reflects a strong downward momentum. The market is leaning towards a downward direction. If the candle remains within the range of the previous swing low, it indicates weak downward momentum. The market is reluctant to move lower.
發行說明
Update
發行說明
Update setting
發行說明
Introduce the "sweep" signal into the wave structure. In a downtrend, after the price has risen and a candle closes with a higher body than the previous one, forming a temporary bottom, and then the price continues to decrease but only the candle's wick breaks below the low, followed by an increase in price and candles with bodies breaking above the high of the downtrend, this creates a bottom sweep. In an uptrend, the opposite applies.
發行說明
Bug fixes
發行說明
Add the "imbalance zone," which is depicted as a blue box.
發行說明
Fixed bugs and added color options for Imbalance
發行說明
Add notification function when the candle closes price forms a High, Low or when the candle's wick crosses the High or Low
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Add a red line to indicate it is a CHOCH signal and notify the CHOCH signal
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Add the Orders block shown by the green box
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Updated top and bottom creation rules
發行說明
Fixed code error in determining bos points
發行說明
Fixed error in determining top and bottom creation positions
發行說明
Fix error in determining top and bottom
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Update CHoCH points (Change of Character)
發行說明
Fix the error of getting CHOCH position when there is a sweep
發行說明
Fix bug
發行說明
Update BOS position when candle wick breaks through
發行說明
Fixed breakout position when there is sweep and BOS signal
發行說明
Update wave structure.
ignore inside candles when confirming tops and bottoms
發行說明
Update structure
發行說明
fix Update wave structure
發行說明
update wave structure
發行說明
Update wave structure
發行說明
fix structure definition error
發行說明
Fix bug
發行說明
Fix bug
發行說明
Hide test label
發行說明
Updated colors for inside candles and outside bars

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