OPEN-SOURCE SCRIPT
Ikas Forex SM Concepts
Ikas Forex SM Concepts (SMC) – All-in-One Indicator
This indicator automatically analyzes market structure, liquidity zones, and institutional trading areas, allowing you to interpret price movements using the “Smart Money Concepts” approach.
It directly plots the most important concepts such as real-time BOS (Break of Structure), CHoCH (Change of Character), Order Block, Fair Value Gap (FVG), Equal High/Low, and Premium/Discount zones onto the chart.
⚙️ Features
Intra & Swing Market Structure: Shows micro and macro breaks (BOS/CHoCH) in price movement in real time.
Order Blocks: Marks potential areas where institutional participants open positions (bull/bear blocks).
Fair Value Gaps: Automatically detects price imbalances, identifies potential entry/exit zones.
Equal Highs & Lows (EQH/EQL): Highlights double top/bottom formations, visualizes potential liquidity traps.
Premium & Discount Zones: Shows whether the price is in an overvalued (premium) or undervalued (discount) zone.
MTF High/Low Levels: Automatically plots daily, weekly, and monthly high-low levels.
Style and Filtering: Offers flexible options such as color or monochrome views, BOS filtering, and FVG threshold settings.
📊 How to Use?
Trend Direction: CHoCH and BOS labels help identify trend reversals and continuations.
Liquidity Zones: Order blocks and equal high/low levels clarify institutional liquidity zones.
Entry/Exit Planning: When combined with FVG and Premium/Discount zones, high-probability trade points can be identified.
Chart Cleanliness: Since all these components are drawn automatically, the manual analysis burden is reduced.
💡 Why is it important?
Smart Money Concepts (SMC) is an approach popularized by ICT that analyzes price movement not only with formations but also with liquidity and market structure dynamics.
This indicator combines these concepts into a single tool, providing a visual, simple, and functional analysis environment.
This indicator automatically analyzes market structure, liquidity zones, and institutional trading areas, allowing you to interpret price movements using the “Smart Money Concepts” approach.
It directly plots the most important concepts such as real-time BOS (Break of Structure), CHoCH (Change of Character), Order Block, Fair Value Gap (FVG), Equal High/Low, and Premium/Discount zones onto the chart.
⚙️ Features
Intra & Swing Market Structure: Shows micro and macro breaks (BOS/CHoCH) in price movement in real time.
Order Blocks: Marks potential areas where institutional participants open positions (bull/bear blocks).
Fair Value Gaps: Automatically detects price imbalances, identifies potential entry/exit zones.
Equal Highs & Lows (EQH/EQL): Highlights double top/bottom formations, visualizes potential liquidity traps.
Premium & Discount Zones: Shows whether the price is in an overvalued (premium) or undervalued (discount) zone.
MTF High/Low Levels: Automatically plots daily, weekly, and monthly high-low levels.
Style and Filtering: Offers flexible options such as color or monochrome views, BOS filtering, and FVG threshold settings.
📊 How to Use?
Trend Direction: CHoCH and BOS labels help identify trend reversals and continuations.
Liquidity Zones: Order blocks and equal high/low levels clarify institutional liquidity zones.
Entry/Exit Planning: When combined with FVG and Premium/Discount zones, high-probability trade points can be identified.
Chart Cleanliness: Since all these components are drawn automatically, the manual analysis burden is reduced.
💡 Why is it important?
Smart Money Concepts (SMC) is an approach popularized by ICT that analyzes price movement not only with formations but also with liquidity and market structure dynamics.
This indicator combines these concepts into a single tool, providing a visual, simple, and functional analysis environment.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.