PROTECTED SOURCE SCRIPT

Simplified SMC Order Blocks

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📌 Simplified SMC Order Blocks (Pine Script v6)
This script automatically identifies bullish and bearish order blocks based on simple swing highs and lows — inspired by Smart Money Concepts (SMC) and price action trading.

🔍 Features
Detects swing highs/lows using a lookback period

Waits for confirmation candles to validate the zone

Draws order block zones using box.new() directly on the chart

Includes alerts for both bullish and bearish order blocks

⚙️ Inputs
Lookback: How many candles to look back for swing points

Confirmation Candles: How many bars to wait before confirming the OB

Zone Width: Width of the drawn zone (in bars)

🟩 Bullish Order Block:
Identified after a swing low forms

Plots a green shaded zone below price

🟥 Bearish Order Block:
Identified after a swing high forms

Plots a red shaded zone above price

📈 Use Case
Identify potential reversal or mitigation zones

Align with other SMC tools like break of structure (BoS), liquidity sweep, etc.

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