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Smart money concept
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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.
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.
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UpdateNota Keluaran
Update settingNota Keluaran
Introduce the "sweep" signal into the wave structure. In a downtrend, after the price has risen and a candle closes with a higher body than the previous one, forming a temporary bottom, and then the price continues to decrease but only the candle's wick breaks below the low, followed by an increase in price and candles with bodies breaking above the high of the downtrend, this creates a bottom sweep. In an uptrend, the opposite applies.Nota Keluaran
Bug fixesNota Keluaran
Add the "imbalance zone," which is depicted as a blue box.Nota Keluaran
Fixed bugs and added color options for ImbalanceNota Keluaran
Add notification function when the candle closes price forms a High, Low or when the candle's wick crosses the High or LowNota Keluaran
Add a red line to indicate it is a CHOCH signal and notify the CHOCH signalNota Keluaran
Add the Orders block shown by the green boxNota Keluaran
Updated top and bottom creation rulesNota Keluaran
Fixed code error in determining bos pointsNota Keluaran
Fixed error in determining top and bottom creation positionsNota Keluaran
Fix error in determining top and bottomNota Keluaran
Update CHoCH points (Change of Character)Nota Keluaran
Fix the error of getting CHOCH position when there is a sweepNota Keluaran
Fix bugNota Keluaran
Update BOS position when candle wick breaks throughNota Keluaran
Fixed breakout position when there is sweep and BOS signalNota Keluaran
Update wave structure.ignore inside candles when confirming tops and bottoms
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Update structureNota Keluaran
fix Update wave structureNota Keluaran
update wave structureNota Keluaran
Update wave structureNota Keluaran
fix structure definition errorNota Keluaran
Fix bugNota Keluaran
Fix bugNota Keluaran
Hide test labelNota Keluaran
Updated colors for inside candles and outside barsSkrip sumber terbuka
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