🔵 Introduction The Price Action, styled as the "Smart Money Concept" or "SMC," was introduced by Mr. David J. Crouch in 2000 and is one of the most modern technical styles in the financial world. In financial markets, Smart Money refers to capital controlled by major market players (central banks, funds, etc.), and these traders can accurately predict market...
🔵 Introduction In "Price Action," an "Order Block" is essentially an area on the price chart where significant players such as institutional traders have executed their moves by placing noteworthy orders. These points often indicate areas where price either attempts to break through (resistance) or returns when it reaches there (support). Therefore, when...
💎 GENERAL OVERVIEW Introducing our new Inverse Fair Value Gap Screener! This screener can provide information about the latest Inverse Fair Value Gaps in up to 5 tickers. You can also customize the algorithm that finds the Inverse Fair Value Gaps and the styling of the screener. Features of the new Inverse Fair Value Gap (IFVG) Screener : Find Latest Inverse...
💎 GENERAL OVERVIEW Introducing our new Market Structures Screener! This screener can provide information about the latest market structures in up to 5 tickers. You can also customize the styling of the screener. Features of the new Market Structures Screener : Find Latest Market Structures Across 5 Tickers Break Of Structure (BOS) Change of Character...
🔵 Introduction The "ICT" style is one of the subsets of "Price Action" technical analysis. ICT is a method created by "Michael Huddleston", a professional forex trader and experienced mentor. The acronym ICT stands for "Inner Circle Trader". The main objective of the ICT trading strategy is to combine "Price Action" and the concept of "Smart Money" to identify...
🔵 Introduction The concept of "liquidity pool" or simply "liquidity" in technical analysis price action refers to areas on the price chart where stop losses accumulate, and the market, by reaching those areas and collecting liquidity (Stop Hunt), provides the necessary energy to move the price. This concept is prominent in the "ICT" and "Smart Money" styles....
This indicator is useful for whom trade with "Smart Money Concept (SMC)" strategy. It helps SMD traders to identify fake or weak zones in the chart, So they can avoid taking position in this zones. This indicator marks "Asia session" as well as "London and New York's Lunch Time (one hour before London and NY session starts)" zones. It also marks Inside Bar...
🔵 Introduction When the market makes a strong move in the form of a "Marubozu" or "Spike" candlestick and consecutive candles move without a retracement, the maximum place where a "FVG" or "Fair Value Gap" is created. 🔵 Definition To describe this precisely, whenever a move occurs where the current candle does not cover the body of the previous and subsequent...
Simple Description: This indicator can basically help you find when a big move might happen ( This indicator can't determine the direction but when a big move could happen. ) Basically, a low-extreme value like 0 means that it only has room for upside, so volatility can only expand from that point on, and the fact that volatility mean reverts supports this. ...
🔵 Introduction Drawing all order blocks on the path, especially in range-bound or channeling markets, fills the chart with lines, making it confusing rather than providing the trader with the best entry and exit points. 🔵 Reason for Indicator Creation For traders familiar with market structure and only need to know the main accumulation points (best entry or...
The ICT Unicorn Model indicator highlights the presence of "unicorn" patterns on the user's chart which is derived from the lectures of "The Inner Circle Trader" (ICT) . Detected patterns are followed by targets with a distance controlled by the user. 🔶 USAGE At its core, the ICT Unicorn Model relies on two popular concepts, Fair Value Gaps and Breaker...
The script automatically calculates the 20-40-60 look-back periods and their premium and discount ranges. The base concept is from ICT’s IPDA which should be applied to the daily timeframe but now you can use that same concept on the lower timeframes . The higher the timeframes you use the more reliable it will be ( when we are talking about lower timeframes...
Overview The Forex Master Pattern Screener 2 is based on the Master Pattern, which includes contraction, expansion, and trend phases. This indicator is designed to identify and visualize market volatility, market phases, multi-timeframe contractions, liquidity points, and pivot calculations. It provides a clear image of the market's expansion and contraction...
(USA) Imbalance Indicator (Multi-TimeFrame) is an indicator designed to visualize the imbalance between two adjacent candles on a chart by drawing rectangles. It helps identify the dominance of buyers or sellers during the price's impulsive movement in an uptrend or downtrend. Here's how the indicator works: It determines the trend direction (up or down) based...
Are you looking to level up your trading game and spot potential turning points in the stock market? Introducing the Smart Money Demand and Supply Zones indicator, a powerful tool designed to identify opportunities created by the Smart money. The Smart Money Demand and Supply Zones indicator is built upon the principles of Rally Base Rally (RBR), Rally Base Drop...
The Market Structure (Breakers) indicator aims to detect "Breaker Market Structures", an original concept inspired by breaker blocks, and extend on the original concept of market structures by extending existing MS levels, providing supports/resistances as a result. Various graphical elements are included that highlight the interactions between price and Breaker...
FYI: It is an invite-only script, if you are interested in, please scroll down to see the Author's instructions. Introducing an indicator which inspired by ICT concepts that use a model, based on what TTrades teaches in some of his DOL videos about how to get a proper bias. Having a daily bias can be frustrating and this script could make it easy for you...
The " Smart Money Breakouts " indicator is designed to identify breakouts based on changes in character (CHOCH) or breaks of structure (BOS) patterns, facilitating automated trading with user-defined Take Profit (TP) level. the indicator incorporates essential elements such as volume analysis and a data table to assist traders in optimizing their...