This all-in-one indicator displays real-time market structure (internal & swing BOS / CHoCH), order blocks, premium & discount zones, equal highs & lows, and much more...allowing traders to automatically mark up their charts with widely used price action methodologies. Following the release of our Fair Value Gap script, we received numerous requests from our...
Smart Money Concept is being used to understand the Market Structure, Demand/Supply, and Risk Management.
- Lines represent BoS and CHoCH.
- X-cross and Diamond shapes represent Peak and Trough.
- Numbers represent the Spread Percentages.
This script allowes you to have a plan always shown on the chart.
You know how it is, sometimes you miss things and if you dont see your plan then you miss maybe an important part... so for this i wrote that simple script here.
So far it has 5 Sections you can edit in the settings to your liking.
On top you can also edit the swing structure you are seeing, so...
This simple tool will allow you to quickly see where there is imbalance in the market.
Options to either keep or remove mitigated imbalances, as well as a display limit so your chart doesn't get cluttered.
Smart money assistant.
Draws vertical lines by days of the week (not visible if the timeframe is daily or more than daily)
Draws horizontal lines of the highs and lows of the previous days, weeks and months (green, yellow and red lines, respectively).
Displays the imbalances on the chart
Considers the structure of the market fractally, finds long term or short...