OPEN-SOURCE SCRIPT
SMC Premium Automation
The Story of How This Indicator Tells You to BUY or SELL
1️⃣ The Sweep — “Peek‑a‑boo!”
This is when the price monster sticks its hand above a high or below a low to grab candy.
But then it pulls its hand back quickly.
It’s like:
“Peek‑a‑boo! I took the candy!”
That’s a sweep.
2️⃣ The CHoCH — “Uh‑oh… the monster slipped!”
After the monster grabs the candy, it loses its balance and falls the other way.
That fall is called a CHoCH.
It means:
“The monster is changing direction!”
3️⃣ The Order Block — “The monster left footprints!”
Before the monster fell, it stepped on the ground and left a footprint.
That footprint is called an Order Block.
It’s like:
“Here’s where the monster stood before turning around.”
4️⃣ The Entry — “The hero jumps in!”
When the monster comes back to its footprint…
The hero jumps out and says:
BUY! if the monster fell upward
SELL! if the monster fell downward
This is your entry signal.
It’s the safest moment to act because:
“The monster already showed where it’s going.”
⭐ Putting it all together
Here’s the whole adventure:
Sweep → Monster grabs candy
CHoCH → Monster slips and turns around
Order Block → Monster leaves a footprint
Entry → Hero jumps in and says BUY or SELL
That’s it.
⭐ Why this is so powerful
Even a five‑year‑old can understand:
“Wait for the monster to grab candy, slip, leave a footprint, and come back.”
That’s when the hero makes the best move.
If you want, I can also explain:
Stop loss like a “safety shield”
Take profit like “collecting treasure”
Trend like “the direction the river is flowing”
Just tell me what you want next.
1️⃣ The Sweep — “Peek‑a‑boo!”
This is when the price monster sticks its hand above a high or below a low to grab candy.
But then it pulls its hand back quickly.
It’s like:
“Peek‑a‑boo! I took the candy!”
That’s a sweep.
2️⃣ The CHoCH — “Uh‑oh… the monster slipped!”
After the monster grabs the candy, it loses its balance and falls the other way.
That fall is called a CHoCH.
It means:
“The monster is changing direction!”
3️⃣ The Order Block — “The monster left footprints!”
Before the monster fell, it stepped on the ground and left a footprint.
That footprint is called an Order Block.
It’s like:
“Here’s where the monster stood before turning around.”
4️⃣ The Entry — “The hero jumps in!”
When the monster comes back to its footprint…
The hero jumps out and says:
BUY! if the monster fell upward
SELL! if the monster fell downward
This is your entry signal.
It’s the safest moment to act because:
“The monster already showed where it’s going.”
⭐ Putting it all together
Here’s the whole adventure:
Sweep → Monster grabs candy
CHoCH → Monster slips and turns around
Order Block → Monster leaves a footprint
Entry → Hero jumps in and says BUY or SELL
That’s it.
⭐ Why this is so powerful
Even a five‑year‑old can understand:
“Wait for the monster to grab candy, slip, leave a footprint, and come back.”
That’s when the hero makes the best move.
If you want, I can also explain:
Stop loss like a “safety shield”
Take profit like “collecting treasure”
Trend like “the direction the river is flowing”
Just tell me what you want next.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.