OPEN-SOURCE SCRIPT
SMC Flow: Order Blocks & FVG
Description:
This indicator is designed to identify key liquidity zones based on Smart Money Concepts (SMC). It focuses on identifying high-probability reversal and continuation areas by tracking Order Blocks and Price Imbalances.
Key Features:
Order Blocks (OB): Automatically identifies supply and demand zones. The script filters for candles with high relative volume (above 20-period SMA) to ensure the zone represents significant market activity.
Fair Value Gaps (FVG): Detects 3-candle imbalance structures where price moved rapidly, leaving "gaps" that often act as magnets for future price action.
Structure Tracking: Includes a visual step-line based on the highest high and lowest low of the last 10 bars to help traders identify the current market bias.
How to use:
Demand/Supply Zones: Look for Price Action confirmation when the market returns to the highlighted Order Block boxes.
Efficiency: Use FVG boxes to identify where the market is "unbalanced." These areas often get filled before a trend continues.
Confluence: This tool is most effective when used in alignment with higher timeframe analysis and additional technical filters.
This indicator is designed to identify key liquidity zones based on Smart Money Concepts (SMC). It focuses on identifying high-probability reversal and continuation areas by tracking Order Blocks and Price Imbalances.
Key Features:
Order Blocks (OB): Automatically identifies supply and demand zones. The script filters for candles with high relative volume (above 20-period SMA) to ensure the zone represents significant market activity.
Fair Value Gaps (FVG): Detects 3-candle imbalance structures where price moved rapidly, leaving "gaps" that often act as magnets for future price action.
Structure Tracking: Includes a visual step-line based on the highest high and lowest low of the last 10 bars to help traders identify the current market bias.
How to use:
Demand/Supply Zones: Look for Price Action confirmation when the market returns to the highlighted Order Block boxes.
Efficiency: Use FVG boxes to identify where the market is "unbalanced." These areas often get filled before a trend continues.
Confluence: This tool is most effective when used in alignment with higher timeframe analysis and additional technical filters.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
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 sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
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.