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Smart Money Concepts ALEX
Smart Money Concepts [LUX] - Advanced Market Structure & Liquidity Analysis
Smart Money Concepts [LUX] is a comprehensive Pine Script indicator designed to help traders identify and visualize key market structure and liquidity concepts utilized by "Smart Money" (large institutional operators). This advanced tool provides a clear view of order flow and areas of interest on the chart, enhancing your technical analysis and trading decisions.
Key Features:
Internal and Swing Market Structure: Automatically identifies "Break of Structure" (BOS) and "Change of Character" (CHoCH) in both internal and swing structure, providing a deep understanding of trend direction and shifts.
Strong and Weak Swing Points: Highlights strong and weak highs and lows, helping you recognize the strength or weakness of price levels.
Traditional and Volumetric Order Blocks:
Traditional Order Blocks: Detects and draws internal and swing order blocks, filtered by ATR or Cumulative Mean Range, to identify high-probability price reaction zones.
NEW - Volumetric Order Blocks: A dedicated section that identifies order blocks based on significant volume activity, offering an additional perspective on institutional participation at key levels. You can configure the volume filtering period to suit your trading style.
Order Block Mitigation: Highlights order blocks that have already been mitigated by price, allowing you to differentiate between active and past zones.
Equal Highs/Lows (EQH/EQL): Draws dotted lines to identify "Equal Highs" and "Equal Lows" zones, indicating potential liquidity areas and price targets.
Fair Value Gaps (FVG): Detects and visualizes Fair Value Gaps, price inefficiency zones that often act as magnets for future price revaluation.
Premium/Discount/Equilibrium Zones: Delimits price areas as Premium (expensive), Discount (cheap), and Equilibrium, facilitating decision-making relative to the asset's current value.
Previous Day/Week/Month Highs & Lows: Displays key price levels from previous periods for multi-timeframe liquidity analysis.
Buy/Sell Signals with Count (NEW): Generates clear "BUY" and "SELL" labels on the chart, with a counter that resets when an opposing signal appears, offering a straightforward visualization of order sequences.
Full Customization: Adjust colors, visibility of each component, and filtering parameters to adapt the indicator to your visual and strategic preferences.
Smart Money Concepts [LUX] is an essential tool for traders seeking an edge by operating with Smart Money logic, providing a clear visual representation of the most important concepts in liquidity and market structure analysis.
Smart Money Concepts [LUX] is a comprehensive Pine Script indicator designed to help traders identify and visualize key market structure and liquidity concepts utilized by "Smart Money" (large institutional operators). This advanced tool provides a clear view of order flow and areas of interest on the chart, enhancing your technical analysis and trading decisions.
Key Features:
Internal and Swing Market Structure: Automatically identifies "Break of Structure" (BOS) and "Change of Character" (CHoCH) in both internal and swing structure, providing a deep understanding of trend direction and shifts.
Strong and Weak Swing Points: Highlights strong and weak highs and lows, helping you recognize the strength or weakness of price levels.
Traditional and Volumetric Order Blocks:
Traditional Order Blocks: Detects and draws internal and swing order blocks, filtered by ATR or Cumulative Mean Range, to identify high-probability price reaction zones.
NEW - Volumetric Order Blocks: A dedicated section that identifies order blocks based on significant volume activity, offering an additional perspective on institutional participation at key levels. You can configure the volume filtering period to suit your trading style.
Order Block Mitigation: Highlights order blocks that have already been mitigated by price, allowing you to differentiate between active and past zones.
Equal Highs/Lows (EQH/EQL): Draws dotted lines to identify "Equal Highs" and "Equal Lows" zones, indicating potential liquidity areas and price targets.
Fair Value Gaps (FVG): Detects and visualizes Fair Value Gaps, price inefficiency zones that often act as magnets for future price revaluation.
Premium/Discount/Equilibrium Zones: Delimits price areas as Premium (expensive), Discount (cheap), and Equilibrium, facilitating decision-making relative to the asset's current value.
Previous Day/Week/Month Highs & Lows: Displays key price levels from previous periods for multi-timeframe liquidity analysis.
Buy/Sell Signals with Count (NEW): Generates clear "BUY" and "SELL" labels on the chart, with a counter that resets when an opposing signal appears, offering a straightforward visualization of order sequences.
Full Customization: Adjust colors, visibility of each component, and filtering parameters to adapt the indicator to your visual and strategic preferences.
Smart Money Concepts [LUX] is an essential tool for traders seeking an edge by operating with Smart Money logic, providing a clear visual representation of the most important concepts in liquidity and market structure analysis.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.