SMC Clean: Structure + Liquidity

This indicator provides Smart Money Concepts (SMC) tools designed to help traders analyze market structure, liquidity pools, and institutional trading zones. It combines several popular SMC methods into one powerful, customizable tool, with a clean and controlled chart display.

Features and How it Works:

• Swing Highs and Lows: The indicator identifies confirmed swing highs and swing lows using a lookback period (default: 15 bars). These points form the basis for market structure analysis.
  
• Equal Highs/Equal Lows (EQH/EQL): When price action creates repeated swing highs or lows within a defined tolerance, the tool automatically marks these areas as potential liquidity pools. These are levels where multiple stop orders may accumulate, sometimes leading to significant market moves.
  
• Liquidity Lines & Sweeps: Liquidity lines highlight unswept highs and lows, making it easy to see where price may hunt liquidity. When price crosses a swing high/low and closes back, a sweep label is shown (optional).
  

BOS/CHOCH Detection:

• Break of Structure (BOS): Signals a continuation of the current trend if price closes beyond the previous swing point.
  
• Change of Character (CHOCH): Highlights when price reverses and breaks a key swing from the opposite direction, hinting at a potential trend change or shift in market regime.
  
• Only confirmed swing points are considered to avoid repainting.
  

Premium & Discount Zones Explained:

• After a new confirmed swing high and swing low, the area between them forms a “range.”
  
• The premium zone is the upper half (from midpoint to swing high): this is typically considered where price is “expensive” or overvalued for the current swing, and is often watched for potential sell setups.
  
• The discount zone is the lower half (from swing low to midpoint): this is where price is “cheap” or undervalued for the current swing, commonly monitored for potential buy setups.
  
• Colored boxes mark these zones on your chart for instant reference.
  

Dashboard (Movable Position):

• A visually enhanced dark-themed dashboard shows the current market structure (Bullish/Bearish), liquidity bias (Buy-Side, Sell-Side, or Balanced, based on unswept levels), and last swept side (i.e., which liquidity pool was last taken by price).
  
• Dashboard position can be set anywhere on your chart for best visibility.
  

Customization Options:

• Enable/disable any feature individually for a cleaner chart.
  
• Control colors, transparency, and swing sensitivity via user settings.
  

How to Use:

• Add the indicator to your chart and adjust settings to fit your trading style.
  
• Use swing lines and dashboard to determine current market structure and bias.
  
• Watch equal highs/lows and liquidity lines for possible sweep events.
  
• Use the premium/discount zones to locate optimal areas for trade entries—with institutional logic, buy when price reaches the discount (lower) zone, and look for sales in the premium (upper) zone.
  
• Use BOS/CHOCH signals as objective confirmations of trend or regime changes. Always interpret signals in context of broader price action.
  

Important Notes:

• This indicator is educational and analytical—NO signals are guaranteed.
  
• All calculations are non-repainting and use only confirmed price data (no lookahead).
  
• No claims of predicting future price movement or performance are made.
  

Disclaimer:
This tool is for technical analysis education only. It is not a financial advice nor a guaranteed trading system. Please test all signals and concepts before using in live markets.