PROTECTED SOURCE SCRIPT
SMC Indicator by Badshah
Introduction
Unlock the hidden narrative of price action with this focused Smart Money Concepts (SMC) toolkit. Designed for precision and clarity, this indicator strips away chart noise to reveal the "skeleton" of the market. Whether you are tracking trend continuations or hunting for valid reversals, this tool automates the technical heavy lifting, allowing you to focus purely on execution.
How It Works
This script analyzes price action in real-time to map out two critical components of institutional trading:
1. Market Structure Architecture The indicator uses a rolling pivot algorithm to identify significant Highs and Lows based on your preferred sensitivity.
BOS (Break of Structure): Marks the confirmation of trend momentum. A solid line is drawn when price successfully closes beyond a structural pivot in the direction of the trend (e.g., breaking a high in an uptrend).
ChoCh (Change of Character): signals a potential shift in market sentiment. A dashed line appears when price violates a key swing point opposite to the prevailing trend, often the first sign of a reversal.
2. Liquidity Inefficiencies (FVG) The script scans every candle formation to detect Fair Value Gaps (Imbalances)—zones where aggressive buying or selling occurred without reciprocal trading.
Bullish Gaps: Highlighted when a candle's low fails to overlap with the high of the candle two periods prior.
Bearish Gaps: Highlighted when a candle's high fails to overlap with the low of the candle two periods prior.
These boxes extend forward, serving as high-probability "magnets" for price to revisit and rebalance.
Settings & Customization
Swing Length: Adjust the lookback period to tune the indicator for Scalping (lower values) or Swing Trading (higher values).
Visual Control: Toggle specific features (BOS, ChoCh, FVG) on or off and fully customize colors to blend with your chart theme.
Disclaimer
This indicator is strictly for analytical and educational purposes. It visualizes historical and real-time data but does not guarantee future market movements. Always manage your risk responsibly.
Unlock the hidden narrative of price action with this focused Smart Money Concepts (SMC) toolkit. Designed for precision and clarity, this indicator strips away chart noise to reveal the "skeleton" of the market. Whether you are tracking trend continuations or hunting for valid reversals, this tool automates the technical heavy lifting, allowing you to focus purely on execution.
How It Works
This script analyzes price action in real-time to map out two critical components of institutional trading:
1. Market Structure Architecture The indicator uses a rolling pivot algorithm to identify significant Highs and Lows based on your preferred sensitivity.
BOS (Break of Structure): Marks the confirmation of trend momentum. A solid line is drawn when price successfully closes beyond a structural pivot in the direction of the trend (e.g., breaking a high in an uptrend).
ChoCh (Change of Character): signals a potential shift in market sentiment. A dashed line appears when price violates a key swing point opposite to the prevailing trend, often the first sign of a reversal.
2. Liquidity Inefficiencies (FVG) The script scans every candle formation to detect Fair Value Gaps (Imbalances)—zones where aggressive buying or selling occurred without reciprocal trading.
Bullish Gaps: Highlighted when a candle's low fails to overlap with the high of the candle two periods prior.
Bearish Gaps: Highlighted when a candle's high fails to overlap with the low of the candle two periods prior.
These boxes extend forward, serving as high-probability "magnets" for price to revisit and rebalance.
Settings & Customization
Swing Length: Adjust the lookback period to tune the indicator for Scalping (lower values) or Swing Trading (higher values).
Visual Control: Toggle specific features (BOS, ChoCh, FVG) on or off and fully customize colors to blend with your chart theme.
Disclaimer
This indicator is strictly for analytical and educational purposes. It visualizes historical and real-time data but does not guarantee future market movements. Always manage your risk responsibly.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.