XAUUSD SMC Strategy (FVG + BoS)

This advanced TradingView strategy is built for serious traders who follow Smart Money Concepts (SMC), with a special focus on Fair Value Gaps (FVG) and Break of Structure (BoS). The script automates trade entries and visual signals based on clean price action, while also allowing for performance backtesting through the built-in Strategy Tester.

The purpose of this script is to combine high-probability SMC signals with a clear and flexible backtest engine. Traders can visually confirm institutional moves (like imbalances and structure breaks) while simultaneously analyzing strategy performance, risk-reward, and execution logic — all from one chart.

⚙️ Key Features
FVG Detection: Automatically identifies bullish and bearish fair value gaps, highlighting imbalance zones between institutional buying and selling activity.

Break of Structure (BoS): Clearly shows bullish and bearish structure breaks, helping traders confirm directional bias and spot trend shifts with clarity.

Trade Execution Logic: Designed with actual strategy.entry() and strategy.exit() functions, this script simulates trades using risk-controlled logic with stop loss and take profit targeting.

Spaced Signal Visualization: Avoids chart clutter by spacing FVG and BoS signals, making the visual output clean and readable — even on fast-moving charts like XAUUSD.

Risk-Reward Customization: Easily set your own risk:reward ratio and stop-loss buffer, ensuring each trade is simulated according to your personal strategy or trading plan.

Cool-Down System: Add a delay between trades using the “Bars Between Trades” setting to prevent overtrading during volatile periods.

Live and Historical Insights: Signals appear in real-time, while also being plotted historically — making it easy to scroll back and study how the market behaved under this logic.

Fully Editable Parameters: Customize FVG size, structure lookback, spacing intervals, and more to fit your unique interpretation of SMC methodology.

🧠 How It Works
This strategy combines two key concepts:

FVG (Fair Value Gaps): Price zones where the market moved too quickly and left an imbalance between buyers and sellers. These gaps often act as magnets for price or areas of reversal.

BoS (Break of Structure): Points where the price breaks through a significant high or low, indicating a potential shift in market direction.

When both FVG and BoS align under certain conditions — and the cooldown requirement is satisfied — the strategy places a trade. A take profit and stop loss are automatically applied based on your inputs.

📈 Practical Use Cases
Trend Confirmation: Use BoS signals to validate trend continuation trades, especially when FVG confirms the imbalance.

Reversal Zones: Spot potential turning points when price fills an FVG and breaks previous structure in the opposite direction.

Backtest SMC Logic: Validate your theory by testing this strategy over historical XAUUSD data using real stop loss / take profit logic.

Refine Entry Timing: Study how structure breaks and FVGs align in different timeframes to improve entry precision.

💡 Best For
Traders learning or mastering Smart Money Concepts

Price action purists who avoid indicators

XAUUSD scalpers, day traders, or swing traders

Strategy developers who want visual + backtested confirmation

📌 Notes
The default strategy places trades every 10 candles to ensure the engine runs — replace this with your refined FVG + BoS logic as needed.

Works best on Gold (XAUUSD) 4H, 1H, or 15m timeframes depending on volatility and structure spacing.

🔒 Disclaimer
This strategy is for educational purposes only. It does not constitute financial advice. Always test and validate any trading logic before applying it to a live market. Trading carries risk — use proper risk management.