SMC Structure Model: Order Blocks, BOS, CHoCH, RR
This indicator combines market structure and order blocks into one tool. It marks BOS/CHoCH, draws order blocks from each structure break, and gives entry arrows with suggested SL/TP when price retests an order block.
How it works
Market structure: Swing highs and lows are detected using the swing length setting. When price closes beyond the last swing high or low, it is labeled:
BOS (break of structure): continuation of the current trend
CHoCH (change of character): the first break against the current trend, a possible reversal
Order blocks: After each break, the candle at the origin of the move (lowest low for bullish, highest high for bearish) is drawn as an order block. An order block is removed once price closes through it (mitigation).
Entry arrows: A buy arrow appears when price retests a bullish order block and closes with a bullish rejection candle. A sell arrow appears for a bearish order block with a bearish rejection candle. Each order block gives one signal only.
SL/TP: On every arrow, Entry, SL, TP1 and TP2 are drawn with price labels.
SL = order block edge (or signal candle extreme) plus an ATR buffer
TP1/TP2 = risk:reward multiples (default 1R and 2R)
Settings
Swing length, show/hide BOS and CHoCH
Create order blocks on CHoCH only (reversal mode)
Trend filter: trade only in the direction of structure
Max active order blocks per side, remove or keep mitigated blocks
ATR length, SL buffer, TP1/TP2 risk:reward, line length, max trades shown
Full color customization
Alerts: buy signal, sell signal, bullish CHoCH, bearish CHoCH
How to use
Works on any market and timeframe. Use higher timeframe bias first, then look for arrows on a lower timeframe. A CHoCH followed by a retest of the new order block is often the cleanest setup. SL/TP levels are a reference, so adjust them to your own risk management.
How it works
Market structure: Swing highs and lows are detected using the swing length setting. When price closes beyond the last swing high or low, it is labeled:
BOS (break of structure): continuation of the current trend
CHoCH (change of character): the first break against the current trend, a possible reversal
Order blocks: After each break, the candle at the origin of the move (lowest low for bullish, highest high for bearish) is drawn as an order block. An order block is removed once price closes through it (mitigation).
Entry arrows: A buy arrow appears when price retests a bullish order block and closes with a bullish rejection candle. A sell arrow appears for a bearish order block with a bearish rejection candle. Each order block gives one signal only.
SL/TP: On every arrow, Entry, SL, TP1 and TP2 are drawn with price labels.
SL = order block edge (or signal candle extreme) plus an ATR buffer
TP1/TP2 = risk:reward multiples (default 1R and 2R)
Settings
Swing length, show/hide BOS and CHoCH
Create order blocks on CHoCH only (reversal mode)
Trend filter: trade only in the direction of structure
Max active order blocks per side, remove or keep mitigated blocks
ATR length, SL buffer, TP1/TP2 risk:reward, line length, max trades shown
Full color customization
Alerts: buy signal, sell signal, bullish CHoCH, bearish CHoCH
How to use
Works on any market and timeframe. Use higher timeframe bias first, then look for arrows on a lower timeframe. A CHoCH followed by a retest of the new order block is often the cleanest setup. SL/TP levels are a reference, so adjust them to your own risk management.
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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.
Daily Forex signals with high accuracy
t.me/+oPrUdxays905NTI0
Risk management tips to protect your capital
t.me/+oPrUdxays905NTI0
Join now and start profit daily free signal
t.me/+oPrUdxays905NTI0
Risk management tips to protect your capital
t.me/+oPrUdxays905NTI0
Join now and start profit daily free signal
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.