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SMC Alpha Order Overlay
The **SMC Alpha Order Overlay** is a lightweight and clean technical analysis tool designed to help traders identify the macro trend and key structural levels on their charts.
By utilizing classic pivot logic and moving averages, this indicator automatically highlights significant historical turning points without lagging your chart performance.
### Key Features:
* **200 EMA (Macro Trend Filter):** Automatically plots a 200 Exponential Moving Average. It serves as a visual guide for the primary market direction (Bullish bias when price is above, Bearish bias when price is below).
* **Pivot-Based Support & Resistance:** Uses a 10-period pivot lookback to pinpoint accurate swing highs and swing lows.
* **Break-Line Visualization:** Plots levels using a clean, non-intrusive breaking line style (`style_linebr`) accompanied by clear "RES" (Resistance) and "SUP" (Support) labels exactly where the structural pivot occurred.
### How to Use:
* **Trend Alignment:** Look for buying opportunities when the price trades above the yellow 200 EMA line and selling opportunities when it trades below.
* **Key Levels:** Use the automatically generated Red (RES) and Green (SUP) price levels to identify historical liquidity pools, potential reversal zones, or targets for your trades.
By utilizing classic pivot logic and moving averages, this indicator automatically highlights significant historical turning points without lagging your chart performance.
### Key Features:
* **200 EMA (Macro Trend Filter):** Automatically plots a 200 Exponential Moving Average. It serves as a visual guide for the primary market direction (Bullish bias when price is above, Bearish bias when price is below).
* **Pivot-Based Support & Resistance:** Uses a 10-period pivot lookback to pinpoint accurate swing highs and swing lows.
* **Break-Line Visualization:** Plots levels using a clean, non-intrusive breaking line style (`style_linebr`) accompanied by clear "RES" (Resistance) and "SUP" (Support) labels exactly where the structural pivot occurred.
### How to Use:
* **Trend Alignment:** Look for buying opportunities when the price trades above the yellow 200 EMA line and selling opportunities when it trades below.
* **Key Levels:** Use the automatically generated Red (RES) and Green (SUP) price levels to identify historical liquidity pools, potential reversal zones, or targets for your trades.
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。