SMC Structures FVG EMA Fibonacci by rkkhoth

The SMC Structures, FVG, EMA Fibonacci indicator allows the user to easily identify trend continuations (Break Of Structure) or trend changes (CHange Of CHaracter) on any time frame. In addition, it display all FVG areas, whether they are bullish, bearish, or even mitigated, with trend ema, sma, rma.

Fair Value Gap :

The FVG process shows every bullish, bearish or even mitigated FVG liquidity area. When a FVG is fully mitigated it will directly be removed of the chart.
There is an history of FVG to show. By selecting specific number of FVG to show in the chart, the user can focus its analysis on lasts liquidity area.

Here's the rules for FVG color :
Green when it's a bullish FVG and has not been mitigated
Red when it's a bearish FVG and has not been mitigated
Gray when the bullish / bearish FVG has been mitigated
Removed when the FVG has been fully mitigated

Structures analysis:

The Structure process show BOS in grey lines and CHoCH in yellow lines. It shows to the user the lasts price action pattern.
The blue lines are the high value and the low value of the current structure.


Release Notes
Adding the "Reduce mitigated FVG" parameter

User can check this parameter to reduce mitigated FVG area. This will show exactly where is FVG that has not been mitigated on the chart.
The mitigated FVG color is still grey.

This new parameter is disabled by default but can be enabled at any time

Release Notes
Adding alerts when FVG is mitigated

With this new feature, user can add an alert directly from the indicator. It will be sent when a FVG area has been mitigated.

Release Notes
Set bullish and bearish BOS/CHoCH color

With this new feature, user can now change BOS and CHoCH color compared to its direction (bullish or bearish).

With this new version, there can now be up to 4 different colors during a structure change.

Release Notes
Adding Fibonacci retracement levels of the current structure

In this new version, the user can display up to 5 Fibonacci retracement levels that will be applied to the current structure.

The user can also modify the value, color, style, and thickness of the line associated to each retracement.

The default values are as follows: 0.786, 0.705, 0.618, 0.5, and 0.382.

Release Notes
Fix fibonacci line style paramete

Release Notes
Addition of Alerts During a BOS / CHOCH.

To add this feature, you will need to use the "Create an Alert" tool and select the condition "SMC Structures FVG EMA FIBONACCI BY RKKHOTH."

Two alerts are currently available for BOS / CHOCH (do not select "Any alert() function call").
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

RKKHOTH

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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.