[AlbaTherium] MTF Internal Ranges Analysis - IRA-Phoenix for SMC

5 มี.ค.

Introduction:

The [AlbaTherium] MTF Internal Ranges Analysis - IRA - Phoenix acts as an extension to the original main SMC Indicator by AlbaTherium. This add-on provides insights into multi-timeframe internal structure points, swing structure points, POIs (Points of Interest), and order blocks (OB). By integrating this enhancement, your multi-timeframe analyses become more streamlined, expediting the process and minimizing chart workload.

This tool represents an advanced smart money technical analysis aimed at enhancing your trading experience. It introduces four pivotal concepts:

Main Features:

• Multiple Timeframes and Confluences,
  
• SCOB Internal Order Block.
  
• Demand to Supply (D2S) or Supply to Demand (S2D) across Multiple timeframes
  
• SCOB on LTF and SCM on HTF across same Candle
  

By combining these concepts all in one, traders can find confluences zones across multiple timeframes and gain a comprehensive understanding of market dynamics, theses confluences zones empower order block skills and potentiality, showcasing them as essential, crucial, powerful, strategic, and pivotal, one of the pillars in smart money concepts trading strategy to make more informed decisions.

Settings Overview:

• Select timeframe {Select or current chart}
  
• Inside bar ranges
  
• Internal structure as Internal zigzag {turn on/ off / unconfirmed(live) zigzag}
  
• Single Candle Mitigation Pattern {turn on/ off / confirmed / unconfirmed}
  
• Single Candle Order Block Pattern {turn on/ off / confirmed / unconfirmed}
  
• Demands and Supplies (D&S) {turn on/ off / confirmed / unconfirmed}
  
• OB Mitigation {touch/ extended}
  

Understanding the Features:

Chapter 1: Multiple Timeframes and Confluences


Our Multi-timeframe analysis approach enables traders to analyze market trends and volatility across different timeframes. Confluences, where signals align across multiple timeframes, provide strong indications for trading opportunities.

Practical Example:

- With MTF IRA - Phoenix, traders can seamlessly transition between different timeframes while maintaining a cohesive analysis. For instance, traders can monitor the M15, H1, or M5 charts while focusing on entry on the M1 timeframe, enabling a holistic view of market trends and opportunities.





Chapter 2: SCOB Internal Order Block across Multiple Timeframe


SCOB Internal Order Block (SCOB IOB) highlights critical zones in price action, showcasing the dominance of aggressive buyers or sellers on orders blocks. As confluences accumulate across multiple timeframes, the strength of the order block intensifies, presenting entry opportunities.


Practical Example:

You have the ability to detect zones where price ranges have formed; these areas are highly sought after for taking buying as well as selling positions, especially when these areas are reflected across 1 or 3 timeframes.

The only practical way to see theses confluences is to use this Indicator, see the example below





Chapter 03: Demand to Supply (D2S) or Supply to Demand (S2D) across Multiple timeframes


The Demand to Supply or Supply to Demand feature within [AlbaTherium] MTF Internal Ranges Analysis - IRA - Phoenix offers a nuanced analysis of price action dynamics across various timeframes. By identifying shifts in supply and demand zones, traders gain valuable insights into market sentiment and potential price reversals.

This feature enables traders to anticipate changes in market direction by recognizing the interplay between demand and supply across different timeframes. By understanding how price reacts at key support and resistance levels, traders can make informed decisions and capitalize on emerging trends.

The Demand to Supply or Supply to Demand feature enhances the indicator's usefulness by providing traders with actionable information to navigate complex market conditions effectively. With this comprehensive analysis, traders can better manage risk and optimize trading strategies across multiple timeframes.

Real-world Example:





Chapter 04: SCOB on LTF and SCM on HTF across same Candle


with [AlbaTherium] MTF Internal Ranges Analysis - IRA - Phoenix, explores the concepts of SCOB (Single Candle Order Block) on Lower Timeframes (LTF) and SCM (Single Candle Mitigation) on Higher Timeframes (HTF).

SCOB on LTF refers to the identification and analysis of single candle order blocks within shorter timeframes. These blocks represent critical price levels where significant buying or selling activity occurred within a single candlestick. By recognizing SCOB patterns, traders can pinpoint key areas of market interest and anticipate potential price movements.

On the other hand, SCM on HTF involves analyzing single candle mitigation entries within longer timeframes. This technique aims to capitalize on price reversals or shifts in market sentiment indicated by single candlestick patterns. By incorporating SCM analysis, traders can gain insights into broader market trends and make strategic trading decisions accordingly.

the intricacies of SCOB on LTF and SCM on HTF, offering traders valuable tools to enhance their analysis and decision-making processes across different timeframes. Through a comprehensive understanding of these concepts, traders can identify high-probability trading opportunities and navigate the markets with confidence.

Real-world Example:
SCOB on M5 and SCM on M15 generate a powerful order block.





Conclusion:


[AlbaTherium] MTF Internal Ranges Analysis - IRA - Phoenix for Smart Money Concepts is a valuable asset for traders seeking to add more insights in today's dynamic markets especially for Intraday Traders. By focusing on concepts like "Multiple timeframes and Confluences, with one single timeframe u can analyze all timeframes", "SCOB Internal Order Block. With its innovative features and user-friendly interface, whether you're a seasoned trader or just starting your journey, MTF IRA - Phoenix can help you navigate through the complexities of price action and make more informed trading choices.

This document provides an extensive overview of MTF Internal Ranges Analysis - IRA - Phoenix, emphasizing its importance in comprehending market dynamics and utilizing essential smart money concepts trading principles.