OPEN-SOURCE SCRIPT
The Betmans Concept
Overview
The Betmans Concept is a clean, precise, and systematic Smart Money Concepts (SMC) & ICT trading tool designed to automatically identify structural breaks and high-probability Order Blocks (OB).
This script focuses strictly on **Body-to-Body Order Blocks** aligned with market structure shifts (MSS), break of structure (BOS), and Fair Value Gaps (FVG) / Imbalances to eliminate market noise and highlight high-precision interest zones.
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Key Features
1. ICT Body-to-Body Order Blocks
Clean Representation:** Draws Order Blocks using body-to-body price boundaries (ignoring upper/lower wicks for precise zone mapping).
Border-Free Visuals:** Clean green and red filled boxes with zero border clutter.
Bullish OB:** Marked with a clear Green box.
Bearish OB:** Marked with a clear Red box.
2. Smart Structure Breaks (BOS vs. MSS)
Market Structure Shift (MSS):** Automatically detects trend reversals and marks them clearly when price shifts character.
Break of Structure (BOS) Identifies trend continuation breaks.
Dotted Structure Lines: Draws horizontal dotted projection lines directly at swing highs/lows with inline text labeling.
3. Imbalance / FVG Validation Filter
* Order blocks are dynamically validated only when backed by an active **Fair Value Gap (Imbalance)** to filter out fakeouts and low-quality levels.
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## How to Use
1. **Identify Trend Direction:** Look at the latest MSS or BOS line to determine current market flow.
2. **Locate Key Zones:** Wait for price to trace back into the highlighted Green (Bullish) or Red (Bearish) Order Block boxes.
3. **Execution:** Look for entry confirmations when price reacts off the body-to-body Order Block boundary.
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Settings & Customization
* **Swing Length:** Adjust pivot detection sensitivity for structure breaks.
* **Show Structure Lines:** Toggle BOS/MSS dotted lines on or off.
* **Color Controls:** Fully customizable colors for order block fills and structure lines.
The Betmans Concept is a clean, precise, and systematic Smart Money Concepts (SMC) & ICT trading tool designed to automatically identify structural breaks and high-probability Order Blocks (OB).
This script focuses strictly on **Body-to-Body Order Blocks** aligned with market structure shifts (MSS), break of structure (BOS), and Fair Value Gaps (FVG) / Imbalances to eliminate market noise and highlight high-precision interest zones.
---
Key Features
1. ICT Body-to-Body Order Blocks
Clean Representation:** Draws Order Blocks using body-to-body price boundaries (ignoring upper/lower wicks for precise zone mapping).
Border-Free Visuals:** Clean green and red filled boxes with zero border clutter.
Bullish OB:** Marked with a clear Green box.
Bearish OB:** Marked with a clear Red box.
2. Smart Structure Breaks (BOS vs. MSS)
Market Structure Shift (MSS):** Automatically detects trend reversals and marks them clearly when price shifts character.
Break of Structure (BOS) Identifies trend continuation breaks.
Dotted Structure Lines: Draws horizontal dotted projection lines directly at swing highs/lows with inline text labeling.
3. Imbalance / FVG Validation Filter
* Order blocks are dynamically validated only when backed by an active **Fair Value Gap (Imbalance)** to filter out fakeouts and low-quality levels.
---
## How to Use
1. **Identify Trend Direction:** Look at the latest MSS or BOS line to determine current market flow.
2. **Locate Key Zones:** Wait for price to trace back into the highlighted Green (Bullish) or Red (Bearish) Order Block boxes.
3. **Execution:** Look for entry confirmations when price reacts off the body-to-body Order Block boundary.
---
Settings & Customization
* **Swing Length:** Adjust pivot detection sensitivity for structure breaks.
* **Show Structure Lines:** Toggle BOS/MSS dotted lines on or off.
* **Color Controls:** Fully customizable colors for order block fills and structure lines.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.