Smart Money Concepts - CZ INDICATORSThe "Smart Money Concepts by CZ INDICATORS ✅" indicator is designed to offer traders a comprehensive tool that integrates multiple advanced features to aid in market analysis. By combining order blocks, liquidity levels, fair value gaps, trendlines, and market structure analysis, the indicator provides a holistic approach to understanding market dynamics and making informed trading decisions.
Components and Their Integration:
Order Blocks and Breaker Blocks Detection
Functionality: Order blocks represent areas where significant buying or selling occurred, creating potential support or resistance zones. Breaker blocks signal potential reversals.
Integration: By detecting and visualizing these blocks, the indicator helps traders identify key levels where price might react, aiding in entry and exit decisions. The customizable settings allow traders to adjust the visibility and parameters to suit their specific trading strategy.
Liquidity Levels Analysis
Functionality: Liquidity levels indicate zones where significant price movements can occur due to the presence of large orders. These are areas where smart money might be executing trades.
Integration: By tracking these high-probability liquidity areas, traders can anticipate potential price movements. Customizable display limits and mitigation strategies ensure that the information is tailored to the trader’s needs, providing precise and actionable insights.
Fair Value Gaps (FVG)
Functionality: Fair value gaps highlight areas where there is an imbalance between buyers and sellers. These gaps often represent potential trading opportunities.
Integration: The ability to identify and analyze FVGs helps traders spot potential entries based on market inefficiencies. The touch and break detection functionalities provide further refinement, enhancing the precision of trading signals.
Trendlines
Functionality: Trendlines help in identifying the direction of the market and potential reversal points. The additional trendline adds a layer of confirmation for breaks or retests.
Integration: Automatically drawn trendlines assist traders in visualizing market trends and making decisions about potential entries and exits. The additional trendline for stronger confirmation reduces the risk of false signals, providing more reliable trading opportunities.
Market Structure Analysis
Functionality: Understanding market structure is crucial for identifying key support and resistance levels and overall market dynamics. This component displays internal, external, and composite market structures.
Integration: By automatically highlighting shifts in market structure, the indicator helps traders recognize important levels and potential changes in market direction. This analysis is critical for strategic planning and execution in trading.
Customizable Alerts
Functionality: Alerts ensure that traders do not miss significant market events, such as the formation or breach of order blocks, liquidity levels, and trendline interactions.
Integration: Customizable alerts enhance the user experience by providing timely notifications of key events. This feature ensures that traders can act quickly and efficiently, leveraging the insights provided by the indicator.
Interactive Visualization
Functionality: Customizable visual aspects of the indicator allow traders to tailor the display to their preferences and trading style.
Integration: This feature enhances user engagement and usability, making it easier for traders to interpret the data and make informed decisions. Personalization options like colors, styles, and display formats improve the overall effectiveness of the indicator.
Индикатор «Smart Money Concepts by CZ INDICATORS ✅» разработан для того, чтобы предложить трейдерам комплексный инструмент, объединяющий множество передовых функций для помощи в анализе рынка. Объединяя блоки ордеров, уровни ликвидности, разрывы справедливой стоимости, линии тренда и анализ структуры рынка, индикатор обеспечивает целостный подход к пониманию динамики рынка и принятию обоснованных торговых решений.
Компоненты и их интеграция:
Блоки ордеров и обнаружение блоков брейкеров
Функциональные возможности: Блоки ордеров представляют собой области, где происходили значительные покупки или продажи, создавая потенциальные зоны поддержки или сопротивления. Блоки разрыва сигнализируют о потенциальных разворотах.
Интеграция: Обнаруживая и визуализируя эти блоки, индикатор помогает трейдерам определить ключевые уровни, на которых цена может отреагировать, помогая принимать решения о входе и выходе. Настраиваемые параметры позволяют трейдерам регулировать видимость и параметры в соответствии с их конкретной торговой стратегией.
Анализ уровней ликвидности
Функциональные возможности: Уровни ликвидности указывают на зоны, где могут происходить значительные движения цены из-за наличия крупных ордеров. Это зоны, где «умные деньги» могут совершать сделки.
Интеграция: Отслеживая эти высоковероятные зоны ликвидности, трейдеры могут предвидеть потенциальные движения цен. Настраиваемые лимиты отображения и стратегии смягчения последствий обеспечивают адаптацию информации к потребностям трейдера, предоставляя точные и действенные сведения.
Пробелы в справедливой стоимости (FVG)
Функциональные возможности: Разрывы справедливой стоимости выявляют области, где существует дисбаланс между покупателями и продавцами. Эти разрывы часто представляют собой потенциальные торговые возможности.
Интеграция: Возможность выявления и анализа FVG помогает трейдерам обнаружить потенциальные входы на основе рыночной неэффективности. Функции обнаружения касаний и прорывов обеспечивают дальнейшее совершенствование, повышая точность торговых сигналов.
Линии тренда
Функциональные возможности: Линии тренда помогают определить направление движения рынка и потенциальные точки разворота. Дополнительная линия тренда добавляет уровень подтверждения для прорывов или ретестов.
Интеграция: Автоматически нарисованные линии тренда помогают трейдерам визуализировать рыночные тенденции и принимать решения о потенциальных входах и выходах. Дополнительная линия тренда для более сильного подтверждения снижает риск ложных сигналов, предоставляя более надежные торговые возможности.
Анализ структуры рынка
Функциональность: Понимание структуры рынка имеет решающее значение для определения ключевых уровней поддержки и сопротивления и общей динамики рынка. Этот компонент отображает внутреннюю, внешнюю и составную структуру рынка.
Интеграция: Автоматически выделяя сдвиги в структуре рынка, индикатор помогает трейдерам распознать важные уровни и потенциальные изменения в направлении рынка. Этот анализ крайне важен для стратегического планирования и исполнения в торговле.
Настраиваемые оповещения
Функциональные возможности: Оповещения позволяют трейдерам не пропустить значимые события на рынке, такие как формирование или разрушение блоков ордеров, уровень ликвидности и взаимодействие линий тренда.
Интеграция: Настраиваемые оповещения повышают удобство работы, обеспечивая своевременное уведомление о ключевых событиях. Благодаря этой функции трейдеры могут действовать быстро и эффективно, используя информацию, предоставляемую индикатором.
Интерактивная визуализация
Функциональность: Настраиваемые визуальные аспекты индикатора позволяют трейдерам адаптировать отображение в соответствии со своими предпочтениями и стилем торговли.
Интеграция: Эта функция повышает вовлеченность пользователей и удобство использования, облегчая трейдерам интерпретацию данных и принятие обоснованных решений. Такие возможности персонализации, как цвета, стили и форматы отображения, повышают общую эффективность индикатора.
Smartmoneyconcept
Premium ICT - CZ INDICATORSThe ICT premium indicator regroups core concepts highlighted by trader and educator “The Inner Circle Trader” (ICT) into an all-in-one toolkit. Features include Market Structure (MSS & BOS), Order Blocks, Imbalances, Buyside/Sellside Liquidity, Displacements, ICT Killzones, and New Week/Day Opening Gaps.
Индикатор ICT премиум-класса объединяет основные концепции, выделенные трейдером и преподавателем «The Inner Circle Trader» (ICT), в универсальный набор инструментов. Функции включают в себя структуру рынка (MSS и BOS), блоки ордеров, дисбалансы, ликвидность на стороне покупателя/продавца, смещения, киллзоны ICT и гэпы открытия новой недели/дня.
SMC super trend - CZ INDICATORSSMC super trend - CZ INDICATORS ✅
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.
SMC super trend - CZ INDICATORS ✅
Индикатор отслеживает мельчайшие движения цены. Он может отслеживать и анализировать рыночный контекст, пытаясь определить тенденции на каждом временном интервале.
Если все тело свечи находится выше максимума предыдущего колебания, это указывает на сильный восходящий импульс. Рынок склоняется к восходящему направлению. Если свеча остается в пределах диапазона предыдущего максимума, это означает слабый восходящий импульс. Рынок неохотно движется вверх.
Если все тело свечи находится ниже предыдущего минимума, это свидетельствует о сильном нисходящем импульсе. Рынок склоняется к нисходящему направлению. Если свеча остается в пределах диапазона предыдущего минимума свинга, это указывает на слабый нисходящий импульс. Рынок неохотно движется вниз.
Multi-Timeframe Open LinesThe Multi-Timeframe Open Lines indicator is designed to help traders visualize key price levels at the open of specific time intervals. It draws horizontal lines at the open of 5-minute, 15-minute, 30-minute, and hourly candles, extending these lines to the start of the next respective interval. Traders can now control which timeframes are displayed and how many past opening lines are shown, ensuring a clean and organized chart.
Key Features:
Customizable Lines:
5-Minute Lines: Highlight the open of every 5-minute candle, ending at the start of the next 5-minute candle.
15-Minute Lines: Highlight the open of every 15-minute candle, ending at the start of the next 15-minute candle.
30-Minute Lines: Highlight the open of every 30-minute candle, ending at the start of the next 30-minute candle.
Hourly Lines: Highlight the open of every hourly candle, ending at the start of the next hourly candle.
Each timeframe's lines can be customized in terms of color, line style, and thickness.
Toggle Options:
Easily turn on or off the display of lines for each timeframe (5m, 15m, 30m, 1h) using checkboxes in the settings.
User-Defined Limits:
Control the number of past opening lines displayed for each timeframe (5m, 15m, 30m, 1h).
Prevents chart clutter by limiting the number of visible lines.
Multi-Timeframe Analysis:
Enables traders to analyze price action across multiple timeframes simultaneously, providing a clearer picture of market structure and key levels.
User-Friendly Inputs:
Easy-to-use settings for customizing line appearance and behavior, ensuring the indicator fits seamlessly into any trading strategy.
How to Use:
Apply the indicator to your chart to visualize the open price levels for 5-minute, 15-minute, 30-minute, and hourly candles.
Use the lines as dynamic support/resistance levels or to identify potential breakout/breakdown points.
Customize the colors, styles, and the number of visible lines to match your chart theme or trading preferences.
Toggle specific timeframes on or off to focus on the most relevant price levels.
Ideal For:
Traders who use multi-timeframe analysis.
Those who rely on key price levels for decision-making.
Anyone looking to enhance their chart with clear, customizable reference lines while avoiding clutter.
Peak Reaction Zones [BigBeluga]Peak Reaction Zones is an advanced Smart Money Concept (SMC) indicator that identifies the most recent swing high and swing low zones, helping traders determine premium and discount areas for optimal trade positioning.
🔵 Key Features:
Swing High & Low Zones:
Automatically detects the latest swing high and swing low levels.
Helps traders identify key reaction points where price is likely to respond.
Premium & Discount Concept:
The high zone represents a premium area, where price is overextended and may reverse.
The low zone represents a discount area, where price is undervalued and may bounce.
The midline dynamically marks the equilibrium of the range.
Adjustable Zone Width:
Users can fine-tune the width of the zones to match their trading style.
Wider zones capture broader reaction ranges, while narrower zones focus on precise levels.
Zone Retest Signals:
Blue markers appear when price retests the lower reaction zone, signaling potential support.
Orange markers appear when price retests the upper reaction zone, indicating possible resistance.
Price Labels for Key Levels:
Displays the price value of the swing high, swing low, and midline for quick reference.
Helps traders recognize major reaction points at a glance.
🔵 Usage:
Smart Money Trading: Utilize the premium and discount concept to align trades with institutional order flow.
Zone Reactions: Watch for price tests of reaction zones and use the retest signals to confirm potential reversals.
Midline Confirmation: If price holds above or below the midline, it can indicate directional bias.
Scalping & Swing Trading: Short-term traders can look for zone rejections, while swing traders can use the levels for trend continuation setups.
Peak Reaction Zones is a must-have tool for traders looking to trade with Smart Money Concepts, allowing for precise entries and exits based on key liquidity areas and market structure.
Discount/Premium OTE LevelsThis indicator is created to identify discount/premium areas to provide additional confluence to trades taken. The underlying theory is that the trades taken in discounted areas are likely to have less risk due to a smaller stop loss and a higher reward/risk ratio.
The indicator operates by first identifying a zone between the last major swing high and low. These highs and lows are determined as price points that at the extremes within the number of bars to the left, as defined by the "Swing Sensitivity" setting.
Once a price zone is established, the indicator verifies that the zone meets the minimum size in points as configured via the "Minimum size" setting to be considered tradable. Zones that are too small may not provide a sufficient range even for scalping. The default value is 42 points based on Nasdaq, which means that the distance between inner most OTE levels (0.382 and 0.618) is at least 10 points.
When a valid zone is identified, it is then subdivided into areas of interest based on OTE levels, which can be configured/adjusted via the "Levels to Draw" setting. These levels represent the midpoint (50%), which distinguishes between premium and discount, and the three OTE levels 0.79, 0.705, 0.618, above the 50% for discount and below the 50% for premium.
For example, if a zone is formed initially by a swing low followed by a swing high with the assumption that the draw is higher, the indicator can be used to formulate long positions from below the 50% level starting at 0.38 OTE level, or ideally at 0.295 OTE level using 0 as a stop loss. Alternatively, if the 50% level is not yet tapped, short scalp positions can be made from 0.79-0.618 OTE levels with 50% as a partial or TP target.
See for long/short example
Typically, the indicator will show only a single zone. However, there may be cases with two zones: one larger parent zone containing a smaller, valid price zone within itself.
The indicator will automatically invalidate and remove the zone once the high/low of the zone is invalidated.
Configuration:
The indicator provides several visualization options for customization, including:
Color settings for OTE levels, with separate settings for edge/50% color, premium, and discount levels.
Settings for line style for OTE levels.
Settings to determine whether to show prices on level labels.
Settings to decide if lines should be extended to the right.
Quarterly Divider The "Quarterly Divider" script draws vertical lines at the start of each quarter (January, April, July, October) on the Trading View chart. It also labels each line with the corresponding quarter (Q1, Q2, Q3, Q4) at the bottom of the line, making it easy to visualize the start of each trading quarter. The color and thickness of the lines are customizable
NB. works effectively is used on the weekly timeframe
Smart Money Breakout Signals [AlgoAlpha]Introducing the Smart Money Breakout Signals, a cutting-edge trading indicator designed to identify key structural shifts and breakout opportunities in the market. This tool leverages a blend of smart money concepts like Break of Structure (BOS) and Change of Character (CHoCH) to provide traders with actionable insights into market direction and potential entry or exit points.
Key Features :
✨ Market Structure Analysis : Automatically detects and labels BOS and CHoCH for trend confirmation and reversals.
🎨 Customizable Visualization : Tailor bullish and bearish colors for breakout lines and signals to suit your preferences.
📊 Dynamic Take-Profit Targets : Displays three tiered take-profit levels based on breakout volatility.
🔔 Real-Time Alerts : Stay ahead of the game with notifications for bullish and bearish breakouts.
📋 Performance Dashboard : Monitor signal statistics, including win rates and total signals, directly on your chart.
How to Use :
Add the Indicator : Add the script to your favourites ⭐ and customize settings like market structure horizon and confirmation type.
Monitor Breakouts : Observe BOS and CHoCH labels to identify potential trend shifts. Use the breakout lines and tiered take-profit levels to plan trades effectively.
Set Alerts : Enable alerts for bullish or bearish breakouts to act on opportunities without constant monitoring.
How It Works :
The indicator identifies market structure by analyzing pivot highs and lows over a user-defined time horizon. A breakout is confirmed based on either candle closes or wicks surpassing previous pivot points. Upon detection, the script generates signals with breakout lines and calculates take-profit targets based on the distance from the breakout level. A built-in dashboard tracks performance metrics like total signals and win rates, giving traders real-time feedback on strategy effectiveness.
Comprehensive Trading Toolkit [BigBeluga]Trading Toolkit is a comprehensive indicator inspired by the trading strategies of the renowned crypto influencer Michaël van de Poppe . This tool combines RSI divergences, correction zones, and advanced support/resistance levels to provide traders with a robust framework for analyzing market movements.
🔵 Key Features:
RSI Divergences on Chart:
Automatically identifies and plots RSI divergences (bullish and bearish) directly on the main price chart.
Green lines indicate bullish divergences, suggesting potential upward reversals.
Red lines indicate bearish divergences, signaling possible downward movements.
Correction Boxes:
Traders typically define a correction as a drop in value of 10% or more. This drop can happen over a few hours or a few days. Also, it can last for less than 24 hours or many months.
This indicator visualizes corrections with blue shaded boxes, triggered by a percentage decline defined in the settings.
The boxes highlight sharp price drops, helping traders identify significant market movements quickly.
Advanced Support and Resistance Levels:
Dynamically detects key support and resistance levels based on price pivots.
When the price is above a level, it plots a green shaded area from the cross point, marking support.
When the price drops below a level, it plots a red shaded area, highlighting resistance.
Dashed lines indicate weaker levels, while solid lines represent stronger, more reliable levels.
🔵 Usage:
Identify Divergences: Use plotted RSI divergences to detect potential market reversals and align them with price action.
Analyze Correction Zones: Utilize correction boxes to evaluate significant price declines and find potential buying opportunities during these corrections.
Leverage Support and Resistance Levels: Confirm breakouts, reversals, or consolidation zones with the color-coded areas.
Enhance Risk Management: Combine divergences and correction zones to set informed stop-loss or take-profit levels.
Trading Toolkit empowers traders with actionable insights into market trends, corrections, and support/resistance dynamics, making it an invaluable tool for crypto and forex markets.
London/NY Sessions [jpkxyz]London/NY Sessions Indicator Guide
This indicator tracks the forex market's most active trading periods: London session, New York session, and their overlap.
This characteristics of the London and New York trading sessions are well documented and many traders use them as a key element in their trading strategies. It is most relevant in forex trading, however it is to an extend also applicable in cryptocurrencies.
London Session (08:00-16:00 UTC)
Most active trading session (35% of daily forex volume)
Highest trading volume and liquidity
Major price movements and trend development
Significant institutional participation
New York Session (13:00-20:00 UTC)
Second most active trading period
High institutional order flow
Major US economic releases
Significant impact on USD pairs
London/New York Overlap (13:00-16:00 UTC)
The most active period in forex markets:
Maximum market liquidity
Highest daily trading volume
Strong price movements
Tightest spreads
Peak institutional activity
This indicator helps traders:
Visualize key trading sessions
Track session highs and lows
Monitor overlap dynamics
Identify potential support/resistance levels (session highs/lows)
Smart Money Setup 07 [TradingFinder] Liquidity Hunts & Minor OB🔵 Introduction
The Smart Money Concept relies on analyzing market structure, tracking liquidity flows, and identifying order blocks. Research indicates that traders who apply these methods can improve their accuracy in predicting market movements by up to 30%.
These elements allow traders to understand the behavior of market makers, including banks and large financial institutions, which have the ability to influence price movements and shape major market trends. By recognizing how these entities operate, traders can align their strategies with Smart Money actions and better anticipate shifts in the market.
Smart Money typically enters the market at points of high liquidity where trading opportunities are more attractive. By following these liquidity flows, professional traders can position themselves at market reversal points, leading to profitable trades.
The Smart Money Setup 07 indicator has been specifically designed to detect these complex patterns. Using advanced algorithms, this indicator automatically identifies both bullish and bearish trading setups, assisting traders in discovering hidden market opportunities.
As a powerful technical analysis tool, the Smart Money Setup indicator helps predict the actions of major market participants and highlights optimal entry and exit points. Essentially, this tool enables traders to act like institutional investors and market makers, making the most of price fluctuations in their favor.
Ultimately, the Smart Money Setup 07 indicator transforms complex technical analysis into a simple and practical tool. By detecting order blocks and liquidity zones, this tool helps traders execute their strategies with greater precision, leading to more informed and successful trading decisions.
🟣 Bullish Setup
🟣 Bearish Setup
🔵 How to Use
One of the key strengths of the Smart Money Setup 07 indicator is its ability to accurately identify order blocks and analyze liquidity flows. Order blocks represent areas where large buy or sell orders are placed by Smart Money investors, which often indicate key reversal points in the market. Traders can use these order blocks to pinpoint potential entry and exit opportunities.
The Smart Money Setup indicator detects and visually displays these order blocks on the chart, helping traders identify the best zones to enter or exit trades. Since these zones are frequently used by large institutional investors, following these blocks allows traders to capitalize on price fluctuations and trade with confidence.
🟣 Bullish Smart Money Setup
A Bullish Smart Money Setup forms when the market creates Higher Lows and Higher Highs. In this situation, the indicator analyzes pivot points, liquidity flows, and order blocks to identify buy opportunities. Liquidity points in these setups indicate areas where Smart Money is likely to enter long positions.
In the bullish setup image, multiple Higher Lows and Higher Highs are formed. The green zone represents a Bullish Order Block, signaling traders to enter a long trade. The Smart Money Setup indicator displays a green arrow, indicating a high-probability upward price movement from this liquidity zone.
🟣 Bearish Smart Money Setup
A Bearish Smart Money Setup occurs when the market structure shows Lower Highs and Lower Lows, indicating weakness in price. The indicator identifies these patterns and highlights potential sell opportunities. Liquidity points in this setup mark areas where Smart Money enters sell positions.
In the bearish setup image, a Lower High is followed by a Lower Low, with the red liquidity zone acting as a Bearish Order Block. The Smart Money Setup indicator shows a red arrow, signaling a likely downward move, offering traders an opportunity to enter short positions.
🔵 Settings
Pivot Period : This setting determines how many candles are needed to form a pivot point. A default value of 2 is optimal for quickly identifying key pivot points in price action.
Order Block Validity Period : This parameter defines the lifespan of an order block. Traders can adjust how long each order block remains valid. For instance, setting it to 500 means that an order block will be valid for 500 bars after its formation.
Mitigation Level OB : This setting allows traders to select whether order blocks should be based on the "Proximal," "50% OB," or "Distal" levels, helping traders manage risk more effectively.
Order Block Refinement : Traders can refine the order blocks with precision. The indicator offers two refinement modes: Defensive and Aggressive. The Defensive mode identifies safer order blocks, while the Aggressive mode targets higher-risk blocks with the potential for larger reversals.
🔵 Conclusion
The Smart Money Setup 07 indicator is a powerful tool for identifying key Smart Money movements in the market. It provides traders with essential insights for making informed trading decisions, particularly when combined with technical analysis and liquidity flow analysis. This indicator allows traders to accurately pinpoint entry and exit points, helping them maximize profits and minimize risk.
By offering a range of customizable settings, the Smart Money Setup indicator adapts to different trading styles and strategies. Furthermore, its ability to detect order blocks and identify supply and demand zones makes it an indispensable tool for any trader looking to enhance their strategy.
In conclusion, the Smart Money Setup 07 is a crucial tool for traders aiming to optimize their trading performance. By utilizing the concepts of Smart Money in technical analysis, traders can make more precise decisions and take advantage of market fluctuations.
Price Action Analyst [OmegaTools]Price Action Analyst (PAA) is an advanced trading tool designed to assist traders in identifying key price action structures such as order blocks, market structure shifts, liquidity grabs, and imbalances. With its fully customizable settings, the script offers both novice and experienced traders insights into potential market movements by visually highlighting premium/discount zones, breakout signals, and significant price levels.
This script utilizes complex logic to determine significant price action patterns and provides dynamic tools to spot strong market trends, liquidity pools, and imbalances across different timeframes. It also integrates an internal backtesting function to evaluate win rates based on price interactions with supply and demand zones.
The script combines multiple analysis techniques, including market structure shifts, order block detection, fair value gaps (FVG), and ICT bias detection, to provide a comprehensive and holistic market view.
Key Features:
Order Block Detection: Automatically detects order blocks based on price action and strength analysis, highlighting potential support/resistance zones.
Market Structure Analysis: Tracks internal and external market structure changes with gradient color-coded visuals.
Liquidity Grabs & Breakouts: Detects potential liquidity grab and breakout areas with volume confirmation.
Fair Value Gaps (FVG): Identifies bullish and bearish FVGs based on historical price action and threshold calculations.
ICT Bias: Integrates ICT bias analysis, dynamically adjusting based on higher-timeframe analysis.
Supply and Demand Zones: Highlights supply and demand zones using customizable colors and thresholds, adjusting dynamically based on market conditions.
Trend Lines: Automatically draws trend lines based on significant price pivots, extending them dynamically over time.
Backtesting: Internal backtesting engine to calculate the win rate of signals generated within supply and demand zones.
Percentile-Based Pricing: Plots key percentile price levels to visualize premium, fair, and discount pricing zones.
High Customizability: Offers extensive user input options for adjusting zone detection, color schemes, and structure analysis.
User Guide:
Order Blocks: Order blocks are significant support or resistance zones where strong buyers or sellers previously entered the market. These zones are detected based on pivot points and engulfing price action. The strength of each block is determined by momentum, volume, and liquidity confirmations.
Demand Zones: Displayed in shades of blue based on their strength. The darker the color, the stronger the zone.
Supply Zones: Displayed in shades of red based on their strength. These zones highlight potential resistance areas.
The zones will dynamically extend as long as they remain valid. Users can set a maximum number of order blocks to be displayed.
Market Structure: Market structure is classified into internal and external shifts. A bullish or bearish market structure break (MSB) occurs when the price moves past a previous high or low. This script tracks these breaks and plots them using a gradient color scheme:
Internal Structure: Short-term market structure, highlighting smaller movements.
External Structure: Long-term market shifts, typically more significant.
Users can choose how they want the structure to be visualized through the "Market Structure" setting, choosing from different visual methods.
Liquidity Grabs: The script identifies liquidity grabs (false breakouts designed to trap traders) by monitoring price action around highs and lows of previous bars. These are represented by diamond shapes:
Liquidity Buy: Displayed below bars when a liquidity grab occurs near a low.
Liquidity Sell: Displayed above bars when a liquidity grab occurs near a high.
Breakouts: Breakouts are detected based on strong price momentum beyond key levels:
Breakout Buy: Triggered when the price closes above the highest point of the past 20 bars with confirmation from volume and range expansion.
Breakout Sell: Triggered when the price closes below the lowest point of the past 20 bars, again with volume and range confirmation.
Fair Value Gaps (FVG): Fair value gaps (FVGs) are periods where the price moves too quickly, leaving an unbalanced market condition. The script identifies these gaps:
Bullish FVG: When there is a gap between the low of two previous bars and the high of a recent bar.
Bearish FVG: When a gap occurs between the high of two previous bars and the low of the recent bar.
FVGs are color-coded and can be filtered by their size to focus on more significant gaps.
ICT Bias: The script integrates the ICT methodology by offering an auto-calculated higher-timeframe bias:
Long Bias: Suggests the market is in an uptrend based on higher timeframe analysis.
Short Bias: Indicates a downtrend.
Neutral Bias: Suggests no clear directional bias.
Trend Lines: Automatic trend lines are drawn based on significant pivot highs and lows. These lines will dynamically adjust based on price movement. Users can control the number of trend lines displayed and extend them over time to track developing trends.
Percentile Pricing: The script also plots the 25th percentile (discount zone), 75th percentile (premium zone), and a fair value price. This helps identify whether the current price is overbought (premium) or oversold (discount).
Customization:
Zone Strength Filter: Users can set a minimum strength threshold for order blocks to be displayed.
Color Customization: Users can choose colors for demand and supply zones, market structure, breakouts, and FVGs.
Dynamic Zone Management: The script allows zones to be deleted after a certain number of bars or dynamically adjusts zones based on recent price action.
Max Zone Count: Limits the number of supply and demand zones shown on the chart to maintain clarity.
Backtesting & Win Rate: The script includes a backtesting engine to calculate the percentage of respect on the interaction between price and demand/supply zones. Results are displayed in a table at the bottom of the chart, showing the percentage rating for both long and short zones. Please note that this is not a win rate of a simulated strategy, it simply is a measure to understand if the current assets tends to respect more supply or demand zones.
How to Use:
Load the script onto your chart. The default settings are optimized for identifying key price action zones and structure on intraday charts of liquid assets.
Customize the settings according to your strategy. For example, adjust the "Max Orderblocks" and "Strength Filter" to focus on more significant price action areas.
Monitor the liquidity grabs, breakouts, and FVGs for potential trade opportunities.
Use the bias and market structure analysis to align your trades with the prevailing market trend.
Refer to the backtesting win rates to evaluate the effectiveness of the zones in your trading.
Terms & Conditions:
By using this script, you agree to the following terms:
Educational Purposes Only: This script is provided for informational and educational purposes and does not constitute financial advice. Use at your own risk.
No Warranty: The script is provided "as-is" without any guarantees or warranties regarding its accuracy or completeness. The creator is not responsible for any losses incurred from the use of this tool.
Open-Source License: This script is open-source and may be modified or redistributed in accordance with the TradingView open-source license. Proper credit to the original creator, OmegaTools, must be maintained in any derivative works.
Price Action Volumetric Breaker Blocks [UAlgo]The Price Action Volumetric Breaker Blocks indicator is designed to identify and visualize significant price levels in the market. It combines concepts of price action, volume analysis, and market structure to provide traders with a comprehensive view of potential support and resistance areas. This indicator identifies "breaker blocks," which are price zones where the market has shown significant interest in the past.
These blocks are created based on swing highs and lows, and are further analyzed using volume data to determine their strength. The indicator also tracks market structure shifts, providing additional context to price movements.
By visualizing these key levels and market structure changes, traders can gain insights into potential areas of price reversal or continuation, helping them make more informed trading decisions.
🔶 Key Features
Dynamic Breaker Block Identification: The indicator automatically detects and draws breaker blocks based on swing highs and lows. These blocks represent areas of potential support and resistance.
Volume-Weighted Strength Analysis: Each breaker block is analyzed using volume data to determine its bullish and bearish strength. This is visually represented by the proportion of green (bullish) and red (bearish) coloring within each block.
Market Structure Break (MSB) and Break of Structure (BOS): The indicator identifies and labels Market Structure Breaks (MSB) and Break of Structure (BOS) events, providing context to larger market trends.
Customizable Settings:
- Adjustable swing length for identifying pivot points
- Option to show a specific number of recent breaker blocks
- Choice between wick or close price for violation checks
- Toggle to hide overlapping blocks for cleaner analysis
Violation Detection: Automatically detects when a breaker block has been violated (broken through), either by wick or close price, depending on user settings.
Overlap Control: Provides an option to hide overlapping order blocks, ensuring that the chart remains clean and easy to read when multiple blocks are detected in close proximity.
🔶 Interpreting Indicator
Breaker Blocks:
Breaker blocks are key areas where the price moves through and invalidates a previously identified order block. The indicator detects a breaker block when the price violates an order block by exceeding its high or low (depending on whether it's a bullish or bearish block). This violation is determined by either the wick or the close of a candle, depending on the user's selection in the "Violation Check" setting. When a breaker block is detected, the indicator removes the violated order block from the chart, signaling that the zone is no longer relevant for future price action.
Bullish Breaker Block: This occurs when a bearish order block (red) is violated by the price closing above the block’s top boundary or when the wick surpasses this level. It signals that a prior bearish structure has been invalidated, and the market may shift to a bullish trend.
Bearish Breaker Block: This occurs when a bullish order block (teal) is violated by the price closing below the block’s bottom boundary or when the wick drops below it. It suggests that a previous bullish structure has been broken, indicating potential bearish momentum.
Market Structure Labels:
"MSB" (Market Structure Break) labels indicate a potential change in trend direction.
"BOS" (Break of Structure) labels confirm the continuation of the current trend after breaking a significant level.
Block Strength:
A block with more green indicates stronger bullish interest.
A block with more red indicates stronger bearish interest.
The relative sizes of the green and red portions show the balance of power between buyers and sellers at that level.
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
Liquidity Zones [BigBeluga]This indicator is designed to detect liquidity zones on the chart by identifying significant pivot highs and lows filtered by volume strength. It plots these zones as boxes, highlighting areas where liquidity is likely to accumulate. The indicator also draws lines extending from these boxes, marking the levels where price may "grab" this liquidity. The size of these boxes can be dynamic, adjusting based on the volume size, offering a visual representation of market areas where traders might expect significant price reactions.
🔵 IDEA
The idea behind the Liquidity Zones indicator is to help traders identify key market levels where liquidity accumulates. Liquidity zones are areas where there are enough buy or sell orders that can potentially lead to significant price movements. By focusing on pivot points filtered by volume strength, the indicator aims to provide a clearer picture of where large players may have positioned their orders. This insight allows traders to anticipate potential market reactions, such as reversals or breakouts, when the price reaches these zones. The option for dynamic box height further refines the visualization, showing the extent of liquidity based on the volume's intensity.
🔵 KEY FEATURES & USAGE
◉ Volume-Filtered Pivot Highs and Lows:
The indicator scans for pivot highs and lows on the chart, filtering these points based on the volume strength setting (Low, Mid, High). This ensures that only the most significant liquidity zones, backed by notable trading volume, are highlighted. Traders can adjust the filter to focus on different levels of market activity, from small fluctuations to major volume spikes.
Low:
Mid:
High:
◉ Dynamic and Static Liquidity Zones:
Liquidity zones are plotted as boxes around pivot points, with an optional dynamic mode that adjusts the box height based on the normalized volume. This dynamic adjustment reflects the liquidity carried by the volume, making it easier to gauge the significance of each zone. In static mode, the boxes have a fixed height, providing a consistent visual reference for the zones.
◉ Color Intensity Based on Volume:
The indicator adjusts the color intensity of the liquidity zones based on the volume strength. Higher volume zones will be displayed with more intense colors, giving a visual cue to the strength of the liquidity present in that area. This makes it easier to differentiate between zones of varying importance at a glance, allowing traders to quickly identify where the market has the highest concentration of liquidity.
◉ Liquidity Grab Detection and Red Circles:
When the price interacts with a liquidity zone, the indicator detects whether liquidity has been "grabbed" at these levels. If the price moves into a zone and crosses a level, the box label changes to "Liquidity Grabbed," and the line marking the level becomes dashed.
Reversal Points:
The beginning of a trend:
Additionally marks these "liquidity grabs" with red circles, indicating both recent and past liquidity grabs. This feature helps traders identify areas where liquidity has been absorbed by the market, which may signal potential reversals or shifts in market direction.
◉ Dashboard Display:
A dashboard in the upper right corner of the chart provides an overview of the indicator's settings and status. It shows the number of plotted zones, as set in the input settings, and whether the dynamic mode is active. This quick reference helps traders stay informed about the indicator's configuration without needing to open the settings panel.
🔵 CUSTOMIZATION
Length & Zones Amount: Set the length for pivot detection and the maximum number of zones to be displayed on the chart. This allows you to control how many liquidity zones you want to monitor at any given time.
Volume Strength Filter: Adjust the filter to Low, Mid, or High to control the strength of volume required for a pivot to be considered a significant liquidity zone. Higher settings focus on zones with greater volume, indicating stronger liquidity.
Dynamic Distance Mode: Enable or disable the dynamic mode, which adjusts the box height based on the volume size. When dynamic mode is off, the boxes have a fixed height based on the ATR, offering a consistent visualization regardless of the volume size.
The Liquidity Zones indicator is a versatile tool for identifying areas of significant market activity, offering a clear view of where liquidity is likely to reside. By filtering these zones through volume strength and providing dynamic or static visualization options, it equips traders with insights into potential market reaction points, enhancing their ability to anticipate and respond to market movements. The varying color intensity based on volume further aids in quickly recognizing the most critical liquidity zones on the chart.
Price Action Volumetric Order Blocks [UAlgo]"Price Action Volumetric Order Blocks" indicator aims to identify significant price zones in the market based on a combination of price action and volume analysis. It utilizes the concept of "Order Blocks," which are areas on the chart where large orders are believed to have been placed, influencing price behavior. By analyzing price swings and volume activity, the indicator attempts to highlight potential support and resistance levels.
🔶 Key Features
Swing Length: This input allows you to adjust the timeframe used to identify price swings for order block detection. A longer swing length will focus on larger timeframes and potentially capture stronger order blocks.
Show Last X Order Blocks: This controls the number of order blocks displayed on the chart. You can choose to visualize a specific number of the most recent order blocks.
Violation Check: This setting determines how the indicator identifies potential order block violations. You can choose between "Wick" or "Close" violations. A "Wick" violation occurs when the price (wick) extends beyond the order block boundaries, while a "Close" violation signifies that the closing price breaches the order block.
Hide Overlap: This option allows you to manage the display of overlapping order blocks. If set to "True," only non-overlapping order blocks will be shown, potentially offering a clearer visualization.
Colors: You can customize the color scheme for bullish (upward) and bearish (downward) order blocks to enhance visual clarity on the chart.
🔶 Interpreting the Indicator
Order Blocks: The teal-colored boxes represent bullish order blocks, indicating areas of demand where buying pressure is likely to be strong. Red-colored boxes represent bearish order blocks, indicating areas of supply where selling pressure is likely to be dominant. These zones often signal potential reversal points or consolidation areas.
Strength Calculations: The indicator calculates the relative strength of bullish and bearish blocks based on volume. A higher bullish strength indicates stronger buying pressure, while higher bearish strength suggests more selling pressure. Traders can use this information to gauge the strength of a price level and predict future price movements.
Market Structure Lines: The indicator displays horizontal lines to depict the current market structure, labeled as "MSB" (Market Sell Balance) or "BOS" (Break of Structure). These lines can help visualize the prevailing trend direction.
Order Block Violations: When a price wick or close breaches an order block (depending on the chosen violation type), the corresponding order block visualization is removed from the chart. This can signify a potential weakening of the identified support or resistance zone.
🔶 Disclaimer
Use with Caution: This indicator is provided for educational and informational purposes only and should not be considered as financial advice. Users should exercise caution and perform their own analysis before making trading decisions based on the indicator's signals.
Not Financial Advice: The information provided by this indicator does not constitute financial advice, and the creator (UAlgo) shall not be held responsible for any trading losses incurred as a result of using this indicator.
Backtesting Recommended: Traders are encouraged to backtest the indicator thoroughly on historical data before using it in live trading to assess its performance and suitability for their trading strategies.
Risk Management: Trading involves inherent risks, and users should implement proper risk management strategies, including but not limited to stop-loss orders and position sizing, to mitigate potential losses.
No Guarantees: The accuracy and reliability of the indicator's signals cannot be guaranteed, as they are based on historical price data and past performance may not be indicative of future results.
Unicorn ICT Signals [TradingFinder] Breaker Block + FVG Zones🔵 Introduction
The "ICT Unicorn Model" trading strategy in the "Inner Circle Trader" (ICT) style is one of the well-known strategies in the world of Forex and financial market trading.
The ICT methodology was developed by Michael Huddleston and is based on technical analysis and Price Action concepts.
This style focuses specifically on interpreting price movements and identifying optimal entry and exit points in the market.
In the Unicorn strategy, traders seek points where the probability of price reversal or trend continuation is high. This strategy is primarily based on recognizing and analyzing Price Action patterns and market structure.
By understanding"ICT Unicorn Model", traders can make more informed decisions about where to enter or exit trades, thereby increasing their chances of success in the market.
🟣 Understanding the Breaker Block
A Breaker Block is a specialized form of an Order Block that changes its role after a key market level is broken. Typically, an Order Block is an area on the chart where large institutional orders are likely to be placed, providing strong support or resistance.
However, when this area is breached, and the price moves in the opposite direction, it transforms into what is known as a Breaker Block. This shift indicates a reversal in market sentiment, turning the previous support into resistance or vice versa, thereby signaling a potential trend change to traders.
🟣 The Significance of the Fair Value Gap (FVG)
The Fair Value Gap (FVG) refers to an area on a price chart where the price rapidly moves through a level, leaving behind a gap. This gap represents an imbalance between supply and demand and is often seen as a potential area for price to return and fill the gap.
These zones are crucial for traders as they can indicate future price movements, providing opportunities to enter or exit trades.
🟣 Defining the ICT Unicorn Model
When an FVG overlaps with a Breaker Block, it forms a highly significant trading area known as a Unicorn. This overlap creates an ideal zone for traders to enter the market, as it combines two powerful technical signals.
The Unicorn Model is therefore considered an optimal strategy for identifying precise entry and exit points in the financial markets.
Demand ICT Unicorn Model :
Supply ICT Unicorn Model :
🔵 How to Use
🟣 Bullish ICT Unicorn
The Bullish ICT Unicorn model is applicable when the market is in an uptrend, and traders are seeking buying opportunities.
Follow these steps to identify Bullish ICT Unicorn :
Identify the Bullish Breaker Block : Locate an area where the price moved upward after breaking an Order Block. This area now acts as a Breaker Block.
Identify the Bullish FVG : Look for a Fair Value Gap near the Breaker Block.
Confirm the Unicorn : When the Bullish Breaker Block and Bullish FVG overlap, a Bullish Unicorn is confirmed. Traders can enter a buy position when the price returns to this zone.
🟣Bearish ICT Unicorn
The Bearish ICT Unicorn model is used when the market is in a downtrend, and traders are looking for selling opportunities.
To identify Bearish ICT Unicorn, follow these steps :
Identify the Bearish Breaker Block : Find an area where the price moved downward after breaking an Order Block. This area now acts as a Breaker Block.
Identify the Bearish FVG : Check if a Fair Value Gap has formed near the Breaker Block.
Confirm the Unicorn : When the Bearish Breaker Block and Bearish FVG overlap, a Bearish Unicorn is confirmed. Traders can enter a sell position when the price returns to this zone.
🔵 Setting
🟣 Global Setting
Pivot Period of Order Blocks Detector : Enter the desired pivot period to identify the Order Block.
Order Block Validity Period (Bar) : You can specify the maximum time the Order Block remains valid based on the number of candles from the origin.
Mitigation Level Breaker Block : Determining the basic level of a Breaker Block. When the price hits the basic level, the Breaker Block due to mitigation.
Mitigation Level FVG : Determining the basic level of a FVG. When the price hits the basic level, the FVG due to mitigation.
Mitigation Level Unicorn : Determining the basic level of a Unicorn Block. When the price hits the basic level, the Unicorn Block due to mitigation.
🟣 Unicorn Block Display
Show All Unicorn Block : If it is turned off, only the last Order Block will be displayed.
Demand Unicorn Block : Show or not show and specify color.
Supply Unicorn Block : Show or not show and specify color.
🟣 Breaker Block Display
Show All Breaker Block : If it is turned off, only the last Breaker Block will be displayed.
Demand Main Breaker Block : Show or not show and specify color.
Demand Sub (Propulsion & BoS Origin) Breaker Block : Show or not show and specify color.
Supply Main Breaker Block : Show or not show and specify color.
Supply Sub (Propulsion & BoS Origin) Breaker Block : Show or not show and specify color.
🟣 Fair Value Gap Display
Show Bullish FVG : Toggles the display of demand-related boxes.
Show Bearish FVG : Toggles the display of supply-related boxes.
🟣 Logic Settings
🟣 Order Block Refinement
Refine Order Blocks : Enable or disable the refinement feature. Mode selection.
🟣 FVG Filter
FVG Filter : This refines the number of identified FVG areas based on a specified algorithm to focus on higher quality signals and reduce noise.
Types of FVG filters :
Very Aggressive Filter: Adds a condition where, for an upward FVG, the last candle's highest price must exceed the middle candle's highest price, and for a downward FVG, the last candle's lowest price must be lower than the middle candle's lowest price. This minimally filters out FVGs.
Aggressive Filter: Builds on the Very Aggressive mode by ensuring the middle candle is not too small, filtering out more FVGs.
Defensive Filter: Adds criteria regarding the size and structure of the middle candle, requiring it to have a substantial body and specific polarity conditions, filtering out a significant number of FVGs.
Very Defensive Filter: Further refines filtering by ensuring the first and third candles are not small-bodied doji candles, retaining only the highest quality signals.
🟣 Alert
Alert Name : The name of the alert you receive.
Alert ICT Unicorn Model Block Mitigation :
On / Off
Message Frequency :
This string parameter defines the announcement frequency. Choices include: "All" (activates the alert every time the function is called), "Once Per Bar" (activates the alert only on the first call within the bar), and "Once Per Bar Close" (the alert is activated only by a call at the last script execution of the real-time bar upon closing). The default setting is "Once per Bar".
Show Alert Time by Time Zone :
The date, hour, and minute you receive in alert messages can be based on any time zone you choose. For example, if you want New York time, you should enter "UTC-4". This input is set to the time zone "UTC" by default.
🔵Conclusion
The Unicorn Model in ICT, utilizing the concepts of Breaker Blocks and Fair Value Gaps, provides an effective tool for identifying entry and exit points in financial markets. By offering more precise signals, this model helps traders make better decisions and minimize trading risks.
Success in applying this model requires practice and a deep understanding of market structure, but it can significantly improve trading performance.
long&short signal Smart Money Concepts (SMC) with MACD Signals Smart Money Concepts (SMC) with MACD Signals
Advanced SMC and MACD Integration for Precision Trading
The "Smart Money Concepts (SMC) with MACD Signals" indicator is a powerful and versatile tool designed to enhance trading strategies by integrating two highly effective technical analysis methods into a single, cohesive indicator. This advanced script combines the Smart Money Concepts (SMC) methodology with the Moving Average Convergence Divergence (MACD) indicator to provide traders with a comprehensive trading solution that identifies key market trends and potential trading opportunities.
What It Does:
Smart Money Concepts (SMC):
The SMC component of this indicator identifies significant price levels and zones where market participants, particularly institutional investors, may be active. It calculates high and low anchor levels based on historical price data, creating zones that help traders understand where price action may encounter support or resistance. These anchor levels are used to plot background colors on the chart, highlighting critical areas of interest where price might react, and generating buy (long) and sell (short) signals based on price interactions with these levels.
MACD (Moving Average Convergence Divergence):
The MACD component provides insights into market momentum and trend strength. By calculating the difference between two moving averages and comparing it to a signal line, the MACD indicator helps traders identify potential changes in trend direction. The script plots the MACD line, signal line, and histogram, offering a clear visual representation of market momentum. Buy (long) and sell (short) signals are generated when the MACD line crosses above or below the signal line, providing timely alerts to potential trading opportunities.
Why It’s Special:
This indicator stands out for its dual functionality, combining the price level analysis of SMC with the momentum-based insights of MACD. The integration allows traders to benefit from both trend and price level analysis, offering a more robust and accurate trading tool. The SMC component highlights critical price zones and provides context for price action, while the MACD component confirms the strength and direction of market trends.
By using this combined approach, traders can make more informed decisions based on comprehensive market analysis. The indicator not only helps in identifying significant price levels and potential market reversals but also provides real-time signals to capitalize on these opportunities. Whether you are a day trader or a swing trader, the "Smart Money Concepts (SMC) with MACD Signals" indicator is designed to enhance your trading strategy with precision and clarity.
This unique combination of SMC and MACD offers a powerful toolset for traders looking to refine their trading strategies and improve their market analysis. With its user-friendly visualizations and signal generation, this indicator is an essential addition to any trader’s toolkit.
Curved Smart Money Concepts Probability (Zeiierman)█ Overview
The Curved Smart Money Concepts Probability indicator, developed by Zeiierman, is a sophisticated trading tool designed to leverage the principles of Smart Money trading. This indicator identifies key market structure points and adapts to changing market conditions, providing traders with actionable insights into market trends and potential reversals. The trading tool stands out due to its unique curved structure and advanced probability features, which enhance its effectiveness and usability for traders.
█ How It Works
The indicator operates by analyzing market data to identify pivotal moments where institutional investors might be influencing price movements. It employs a combination of adaptive trend lengths, multipliers for sensitivity adjustments, and pivot periods to accurately capture market structure shifts. The indicator calculates upper and lower bands based on adaptive sizes and identifies zones of overbought (premium) and oversold (discount) conditions.
Key Features of Probability Calculations
The Curved Smart Money Concepts Probability indicator integrates sophisticated probability calculations to enhance trading decision-making:
Win/Loss Tracking: The indicator tracks the number of successful (win) and unsuccessful (loss) trades based on the identified market structure points (ChoCH, SMS, BMS). This provides a historical context of the indicator's performance.
Probability Percentages: For each market structure point (ChoCH, SMS, BMS), the indicator calculates the probability of the next move being successful or not. This is presented as a percentage, giving traders a quantifiable measure of confidence in the signals.
Dynamic Adaptation: The probability calculations adapt to market conditions by considering the frequency and success rate of the signals, allowing traders to adjust their strategies based on the indicator’s historical accuracy.
Visual Representation: Probabilities are displayed on the chart, helping traders quickly assess the likelihood of future price movements based on past performance.
Key benefits of the Curved Structure
The Curved Smart Money Concepts Probability indicator features a unique curved structure that offers several advantages over traditional linear structures:
Noise Reduction: The curved structure smooths out short-term market fluctuations, reducing the noise often seen in linear structures. This helps traders focus on the true trend direction rather than getting distracted by minor price movements.
Adaptive Sensitivity: The curved structure adjusts its sensitivity based on market conditions. This means it can effectively capture both short-term and long-term trends by dynamically adapting to changes in market volatility, something linear structures struggle with.
Enhanced Trend Detection: By providing a more gradual transition between market phases, the curved structure helps in identifying trends more accurately. This is particularly useful in volatile markets where linear structures might give false signals due to their rigid nature.
Improved Market Structure Analysis: The curved structure's ability to adapt and smooth out irregularities provides a clearer picture of the overall market structure. This clarity is essential for identifying premium and discount zones, as well as mid-range support and resistance levels, which are crucial for effective ICT Smart Money Trading.
█ Terminology
ChoCH (Change of Character): Indicates a potential reversal in market direction. It is identified when the price breaks a significant high or low, suggesting a shift from a bullish to bearish trend or vice versa.
SMS (Smart Money Shift): Represents the transition phase in market structure where smart money begins accumulating or distributing assets. It typically follows a BMS and indicates the start of a new trend.
BMS (Bullish/Bearish Market Structure): Confirms the trend direction. Bullish Market Structure (BMS) confirms an uptrend, while Bearish Market Structure (BMS) confirms a downtrend. It is characterized by a series of higher highs and higher lows (bullish) or lower highs and lower lows (bearish).
Premium: A zone where the price is considered overbought. It is calculated as the upper range of the current market structure and indicates a potential area for selling or shorting.
Mid Range: The midpoint between the high and low of the market structure. It often acts as a support or resistance level, helping traders identify potential reversal or continuation points.
Discount: A zone where the price is considered oversold. It is calculated as the lower range of the current market structure and indicates a potential area for buying or going long.
█ How to Use
Identifying Trends and Reversals: Traders can use the indicator to identify the overall market trend and potential reversal points. By observing the ChoCH, SMS, and BMS signals, traders can gauge whether the market is transitioning into a new trend or continuing the current trend.
Example Strategies
⚪ Trend Following Strategy:
Identify the current market trend using BMS signals.
Enter a trade in the direction of the trend when the price retraces to the mid-range zone.
Set a stop-loss just below the mid-range (for long trades) or above the mid-range (for short trades).
Take profit in the premium/discount zone or when a ChoCH signal indicates a potential reversal.
⚪ Reversal Strategy:
Wait for a ChoCH signal to identify a potential market reversal.
Enter a trade in the direction of the new trend as indicated by the SMS signal.
Set a stop-loss just beyond the recent high (for short trades) or low (for long trades).
Take profit when the price reaches the premium or discount zone opposite to the entry.
█ Settings
Curved Trend Length: Determines the length of the trend used to calculate the adaptive size of the structure. Adjusting this length allows traders to capture either longer-term trends (for smoother curves) or short-term trends (for more reactive curves).
Curved Multiplier: Scales the adjustment factors for the upper and lower bands. Increasing the multiplier widens the bands, reducing sensitivity to price changes. Decreasing it narrows the bands, making the structure more responsive.
Pivot Period: Sets the period for capturing trends. A higher period captures broader trends, while a lower period focuses on short-term trends.
Response Period: Adjusts the structure’s responsiveness. A low value focuses on short-term changes, while a high value smoothens the structure.
Premium/Discount Range: Allows toggling between displaying the active range or previous range to analyze real-time or historical levels.
Structure Candles: Enables the display of curved structure candles on the chart, providing a modified view of price action.
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Disclaimer
The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. 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.
My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
ICT Balance Price Range [UAlgo]The "ICT Balance Price Range " indicator identifies and visualizes potential balance price ranges (BPRs) on a price chart. These ranges are indicative of periods where the market exhibits balance between bullish and bearish forces, often preceding significant price movements.
🔶 What is Balanced Price Range (BPR) ?
Balanced Price Range is a concept based on Fair Value Gap. Balanced price range (BPR) is the area on price chart where two opposite fair value gaps overlap.
When price approaches the Balanced Price Range (BPR), we assume that the price will react quickly and strongly here. This is because its the combination of two fair value gaps and being a good point of interest for smart money traders.
🔶 Key Features:
Bars to Consider: Determines the number of bars to evaluate for BPR conditions.
Threshold for BPR: Sets the minimum range required for a valid BPR to be identified.
Remove Old BPR: Option to automatically remove invalidated BPRs from the chart.
Bearish/Bullish Box Color: Customizable colors for visual representation of bearish and bullish BPRs.
🔶 Disclaimer
This indicator is provided for educational and informational purposes only.
It should not be considered as financial advice or a recommendation to buy or sell any financial instrument.
The use of this indicator involves inherent risks, and users should employ their own judgment and conduct their own research before making any trading decisions. Past performance is not indicative of future results.
🔷 Related Scripts
Fair Value Gaps (FVG)
Smart Money Analysis with Golden/Death Cross [YourTradingSensei]Description of the script "Smart Money Analysis with Golden/Death Cross":
This TradingView script is designed for market analysis based on the concept of "Smart Money" and includes the detection of Golden Cross and Death Cross signals.
Key features of the script:
Moving Averages (SMA):
Two moving averages are calculated: a short-term (50 periods) and a long-term (200 periods).
The intersections of these moving averages are used to determine Golden Cross and Death Cross signals.
High Volume:
The current trading volume is analyzed.
Periods of high volume are identified when the current volume exceeds the average volume by a specified multiplier.
Support and Resistance Levels:
Key support and resistance levels are determined based on the highest and lowest prices over a specified period.
Buy and Sell Signals:
Buy and sell signals are generated based on moving average crossovers, high volume, and the closing price relative to key levels.
Golden Cross and Death Cross:
A Golden Cross occurs when the short-term moving average crosses above the long-term moving average.
A Death Cross occurs when the short-term moving average crosses below the long-term moving average.
These signals are displayed on the chart with text color changes for better visualization.
Using the script:
The script helps traders visualize key signals and levels, aiding in making informed trading decisions based on the behavior of major market players and technical analysis.
Custom candle lighting(CCL) © 2024 by YourTradingSensei is licensed under CC BY-NC-SA 4.0. To view a copy of this license.
Liquidity Grab Zones | Flux Charts💎 GENERAL OVERVIEW
Introducing our new Liquidity Grab Zones Indicator! This indicator finds liquidity grabs in the current ticker and renders buyside & sellside liquidity grab zones. The retests and breakout of the zones are labeled, and you can set up alerts to get notified. For more information, please check the "HOW DOES IT WORK" section.
Features of the new Liquidity Grab Zones Indicator :
Renders Buyside & Sellside Liquidity Grab Zones
Retests & Breaks
Inverse Zones After Broken Feature
Alerts For All Features
Customizable Algorithm
Customizable Styles
🚩UNIQUENESS
Liquidity grabs can be useful when determining candles that have executed a lot of market orders, so you can plann your trades accordingly. This indicator lets you customize the pivot length and the wick-body ratio for liquidity grabs, provide retest & breakout labels, with customized styling and alerts.
📌 HOW DOES IT WORK ?
Liquidity grabs occur when one of the latest pivots has a false breakout. Then, if the wick to body ratio of the bar is higher than 0.5 (can be changed from the settings) a zone is plotted.
These zones usually indicate areas of high market interest where price action may reverse or accelerate. Identifying these zones can provide traders with critical levels for entering or exiting trades. A breakout of these zones generally mean strong movements are inbound, while failing breakouts make these zones act like support / resistance zones.
The indicator also reverses the type of the zone after an invalidation (can be turned off from the settings). This feature helps traders identify potential reversals more accurately.
The zone width is set to the area from the wick to the body of the candlestick, which can be seen here :
⚙️SETTINGS
1. General Configuration
Pivot Length -> This setting determines the range of the pivots. This means a candle has to have the highest / lowest wick of the previous X bars and the next X bars to become a high / low pivot.
Wick-Body Ratio -> After a pivot has a false breakout, the wick-body ratio of the latest candle is tested. The resulting ratio must be higher than this setting for it to be considered as a liquidity grab.
Zone Invalidation -> Select between Wick & Close price for Liquidity Grab Zone Invalidation.
Use these customizable settings to fine-tune the indicator according to your trading strategy and preferences.
