OPEN-SOURCE SCRIPT
Smart Money Tracker [JOAT]
Smart Money Tracker [JOAT]
Introduction
The Smart Money Tracker is an open-source indicator that combines institutional order flow concepts including Fair Value Gaps (FVG), Order Blocks (OB), Breaker Blocks, Liquidity Sweeps, Market Structure Breaks, and Displacement patterns. This mashup creates a comprehensive Smart Money Concepts (SMC) analysis system designed to identify where institutional traders are positioning themselves and how they manipulate price to accumulate or distribute positions.
The indicator addresses a fundamental market reality: institutional traders with large capital cannot simply buy or sell at market prices without moving the market against themselves. They must use sophisticated techniques including liquidity sweeps, gap creation, and order block manipulation. By tracking these institutional footprints simultaneously, this tool helps retail traders align with smart money rather than becoming their liquidity.
Chart showing FVG zones, Order Blocks, liquidity sweeps, and market structure on 15M timeframe
Why This Mashup Exists
This indicator combines six Smart Money Concepts that reveal different aspects of institutional behavior:
Each concept reveals different institutional tactics: FVGs show where they moved fast, Order Blocks show where they accumulated, Breaker Blocks show failed accumulation, Liquidity Sweeps show stop hunts, Market Structure shows control shifts, and Displacement shows strong directional intent. Together, they create a complete picture of institutional order flow that no single concept can provide.
The mashup is justified because these concepts work together in institutional trading sequences: institutions sweep liquidity, create FVGs during displacement, leave Order Blocks at accumulation zones, and break market structure when taking control. Tracking all simultaneously reveals the complete institutional playbook.
Core Components Explained
1. Fair Value Gap (FVG) Detection
FVGs occur when price moves so quickly that it leaves an unfilled gap:
Pine Script®
FVG significance:
The indicator draws boxes for FVGs and tracks when they get "mitigated" (price returns to fill them). Timeframe-adaptive limits prevent clutter (fewer boxes on higher timeframes).
2. Order Block Identification
Order Blocks mark where institutions accumulated or distributed positions:
Pine Script®
Order Block characteristics:
The indicator draws solid boxes for Order Blocks and tracks their strength based on volume and candle size. Timeframe-adaptive filtering ensures only significant OBs are displayed.
3. Breaker Block Detection
Breaker Blocks are failed Order Blocks that signal potential reversals:
Pine Script®
Breaker Block significance:
The indicator marks Breaker Blocks with "BB" labels and tracks them as potential reversal zones.
4. Liquidity Sweep Analysis
Liquidity Sweeps identify stop hunts before real moves:
Pine Script®
Liquidity Sweep characteristics:
The indicator places "LIQ" and "STRONG LIQ" labels precisely at sweep tips (above bars for high sweeps, below bars for low sweeps) with timeframe-adaptive spacing to prevent overlap.
5. Market Structure Analysis
Market structure tracks control shifts between buyers and sellers:
Pine Script®
Market Structure significance:
The indicator marks BOS and CHoCH with labels and uses them to determine overall market bias.
6. Displacement Detection
Displacement identifies strong institutional moves:
Pine Script®
Displacement characteristics:
The indicator marks displacement with "DISP" labels and uses them to identify high-conviction institutional moves.
Example showing all SMC concepts: FVGs, Order Blocks, Breaker Blocks, and liquidity sweeps
Timeframe-Adaptive System
The indicator automatically adjusts based on timeframe to prevent clutter:
Pine Script®
This ensures the indicator remains useful across all timeframes without overwhelming the chart.
SMC Confluence Dashboard
The dashboard (top-right position) displays:
SMC Score calculation:
Pine Script®
Visual Elements
How Components Work Together
The mashup reveals institutional trading sequences:
Sequence 1 - Accumulation:
1. Liquidity Sweep triggers retail stops
2. Order Block forms as institutions accumulate
3. Displacement occurs as institutions push price
4. FVG created during fast move
5. BOS confirms trend direction
Sequence 2 - Reversal:
1. Multiple liquidity sweeps fail to extend trend
2. Order Block fails, becomes Breaker Block
3. CHoCH signals control shift
4. Opposite-direction displacement
5. New trend structure forms
Example: Price sweeps below recent lows (liquidity sweep), then strongly reverses with high volume (displacement), leaving a bullish FVG. A bullish Order Block forms at the reversal zone. Price breaks above previous structure (BOS). SMC Score reaches 9/10, signaling strong bullish institutional setup.
Input Parameters
FVG Settings:
Order Block Settings:
Liquidity Settings:
Structure Settings:
Display Options:
How to Use This Indicator
Step 1: Identify Market Structure
Check for recent BOS or CHoCH. BOS suggests trend continuation, CHoCH suggests potential reversal.
Step 2: Look for Liquidity Sweeps
Liquidity sweeps often precede strong moves in opposite direction. "STRONG LIQ" sweeps are particularly significant.
Step 3: Identify Order Blocks
Look for Order Blocks in the direction of intended trade. OBs often provide high-probability entry zones on retests.
Step 4: Check for FVGs
Unfilled FVGs act as magnets - price often returns to fill them. Can be used for entry targets or profit-taking zones.
Step 5: Watch for Displacement
Displacement signals strong institutional intent. When displacement occurs from an Order Block, it confirms the zone's validity.
Step 6: Monitor Breaker Blocks
Failed Order Blocks (Breaker Blocks) often mark major reversals. These are high-probability reversal zones.
Step 7: Review SMC Score
Check dashboard SMC Score. Scores above 7 indicate strong institutional confluence.
Best Practices
Indicator Limitations
Technical Implementation
Built with Pine Script v6 using:
The code is fully open-source and can be modified to adjust thresholds, visual preferences, and filtering criteria.
Originality Statement
This indicator is original in its comprehensive SMC integration approach. While individual concepts (FVG, Order Blocks, Breaker Blocks, Liquidity Sweeps, Market Structure, Displacement) are established Smart Money Concepts, this mashup is justified because:
Each SMC concept reveals different institutional behavior: FVGs show fast moves, Order Blocks show accumulation, Breaker Blocks show failed accumulation, Liquidity Sweeps show stop hunts, Market Structure shows control shifts, and Displacement shows strong intent. The mashup's value lies in presenting these complementary institutional footprints simultaneously, allowing traders to identify complete institutional trading sequences rather than isolated signals.
Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice or a recommendation to buy or sell any financial instrument. Trading involves substantial risk of loss and is not suitable for all investors.
Smart Money Concepts are analytical frameworks based on observations of institutional trading patterns. They do not guarantee that institutions are actually trading at identified zones, nor do they predict future institutional behavior. Market conditions change, and patterns that worked historically may not work in the future.
The SMC Score is a mathematical calculation based on current market structure, not a prediction of future price movement. High SMC scores do not ensure profitable trades. Order Blocks, FVGs, and other SMC zones can fail to provide support/resistance. Liquidity sweeps can be followed by additional sweeps.
Always use proper risk management, including stop losses and position sizing appropriate for your account size and risk tolerance. Never risk more than you can afford to lose. Consider consulting with a qualified financial advisor before making investment decisions.
The author is not responsible for any losses incurred from using this indicator. Users assume full responsibility for all trading decisions made using this tool.
-Made with passion by officialjackofalltrades
Introduction
The Smart Money Tracker is an open-source indicator that combines institutional order flow concepts including Fair Value Gaps (FVG), Order Blocks (OB), Breaker Blocks, Liquidity Sweeps, Market Structure Breaks, and Displacement patterns. This mashup creates a comprehensive Smart Money Concepts (SMC) analysis system designed to identify where institutional traders are positioning themselves and how they manipulate price to accumulate or distribute positions.
The indicator addresses a fundamental market reality: institutional traders with large capital cannot simply buy or sell at market prices without moving the market against themselves. They must use sophisticated techniques including liquidity sweeps, gap creation, and order block manipulation. By tracking these institutional footprints simultaneously, this tool helps retail traders align with smart money rather than becoming their liquidity.
Chart showing FVG zones, Order Blocks, liquidity sweeps, and market structure on 15M timeframe
Why This Mashup Exists
This indicator combines six Smart Money Concepts that reveal different aspects of institutional behavior:
- Fair Value Gaps (FVG): Inefficient price delivery zones where institutions moved price quickly
- Order Blocks (OB): Last opposite-direction move before impulse, showing accumulation/distribution
- Breaker Blocks: Failed Order Blocks that signal potential trend reversal
- Liquidity Sweeps: Stop hunts where institutions trigger retail stops before real move
- Market Structure: Break of Structure (BOS) and Change of Character (CHoCH) patterns
- Displacement: Strong institutional moves with high volume and large candles
Each concept reveals different institutional tactics: FVGs show where they moved fast, Order Blocks show where they accumulated, Breaker Blocks show failed accumulation, Liquidity Sweeps show stop hunts, Market Structure shows control shifts, and Displacement shows strong directional intent. Together, they create a complete picture of institutional order flow that no single concept can provide.
The mashup is justified because these concepts work together in institutional trading sequences: institutions sweep liquidity, create FVGs during displacement, leave Order Blocks at accumulation zones, and break market structure when taking control. Tracking all simultaneously reveals the complete institutional playbook.
Core Components Explained
1. Fair Value Gap (FVG) Detection
FVGs occur when price moves so quickly that it leaves an unfilled gap:
FVG significance:
- Represents inefficient price delivery - institutions moved too fast
- Price often returns to "fill" these gaps before continuing
- Larger FVGs (> 0.5%) are more significant
- FVGs act as support/resistance zones
- Multiple unfilled FVGs suggest strong directional intent
The indicator draws boxes for FVGs and tracks when they get "mitigated" (price returns to fill them). Timeframe-adaptive limits prevent clutter (fewer boxes on higher timeframes).
2. Order Block Identification
Order Blocks mark where institutions accumulated or distributed positions:
Order Block characteristics:
- Last opposite-direction move before strong impulse
- Represents institutional accumulation (bullish OB) or distribution (bearish OB)
- Often provides support/resistance on retests
- Volume confirmation ensures institutional participation
- Stronger OBs have larger candles and higher volume
The indicator draws solid boxes for Order Blocks and tracks their strength based on volume and candle size. Timeframe-adaptive filtering ensures only significant OBs are displayed.
3. Breaker Block Detection
Breaker Blocks are failed Order Blocks that signal potential reversals:
Breaker Block significance:
- Failed Order Blocks often become strong support/resistance in opposite direction
- Indicate institutional position reversal
- High-probability reversal zones when combined with other SMC signals
- Often mark major trend changes
The indicator marks Breaker Blocks with "BB" labels and tracks them as potential reversal zones.
4. Liquidity Sweep Analysis
Liquidity Sweeps identify stop hunts before real moves:
Liquidity Sweep characteristics:
- Price briefly exceeds recent high/low to trigger stops
- Closes back inside range - "fake breakout"
- High volume confirms institutional participation
- Often precedes strong moves in opposite direction
- "Strong" sweeps (very high volume) are more reliable
The indicator places "LIQ" and "STRONG LIQ" labels precisely at sweep tips (above bars for high sweeps, below bars for low sweeps) with timeframe-adaptive spacing to prevent overlap.
5. Market Structure Analysis
Market structure tracks control shifts between buyers and sellers:
Market Structure significance:
- BOS confirms trend continuation
- CHoCH signals potential trend reversal
- Helps identify when institutional control shifts
- Provides context for other SMC signals
The indicator marks BOS and CHoCH with labels and uses them to determine overall market bias.
6. Displacement Detection
Displacement identifies strong institutional moves:
Displacement characteristics:
- Very large candles relative to ATR
- Climax volume (> 3x average)
- Indicates strong institutional directional intent
- Often creates FVGs
- Signals potential trend acceleration
The indicator marks displacement with "DISP" labels and uses them to identify high-conviction institutional moves.
Example showing all SMC concepts: FVGs, Order Blocks, Breaker Blocks, and liquidity sweeps
Timeframe-Adaptive System
The indicator automatically adjusts based on timeframe to prevent clutter:
This ensures the indicator remains useful across all timeframes without overwhelming the chart.
SMC Confluence Dashboard
The dashboard (top-right position) displays:
- Market Bias: Bullish/Bearish/Neutral based on structure
- Active FVGs: Count of unfilled Fair Value Gaps
- Active OBs: Count of untested Order Blocks
- Recent Sweeps: Liquidity sweeps in last 50 bars
- Structure: Last BOS or CHoCH type
- Displacement: Recent displacement direction
- SMC Score: Overall confluence (0-10)
SMC Score calculation:
Visual Elements
- FVG Boxes: Green (bullish) and red (bearish) boxes, removed when mitigated
- Order Block Boxes: Solid green/red boxes with strength-based transparency
- Breaker Block Labels: "BB" markers at breaker zones
- Liquidity Sweep Labels: "LIQ" and "STRONG LIQ" at sweep tips
- Displacement Labels: "DISP" markers on displacement candles
- Structure Labels: "BOS" and "CHoCH" at structure breaks
- Mitigation Markers: Small circles when FVGs get filled
- Dashboard: Top-right table with SMC metrics
How Components Work Together
The mashup reveals institutional trading sequences:
Sequence 1 - Accumulation:
1. Liquidity Sweep triggers retail stops
2. Order Block forms as institutions accumulate
3. Displacement occurs as institutions push price
4. FVG created during fast move
5. BOS confirms trend direction
Sequence 2 - Reversal:
1. Multiple liquidity sweeps fail to extend trend
2. Order Block fails, becomes Breaker Block
3. CHoCH signals control shift
4. Opposite-direction displacement
5. New trend structure forms
Example: Price sweeps below recent lows (liquidity sweep), then strongly reverses with high volume (displacement), leaving a bullish FVG. A bullish Order Block forms at the reversal zone. Price breaks above previous structure (BOS). SMC Score reaches 9/10, signaling strong bullish institutional setup.
Input Parameters
FVG Settings:
- Show FVGs: Toggle FVG boxes (default: enabled)
- Min FVG Size: Minimum gap size % (default: 0.3%)
- Max FVG Boxes: Limit displayed boxes (default: timeframe-adaptive)
- Show Mitigation: Mark when FVGs get filled (default: enabled)
Order Block Settings:
- Show Order Blocks: Toggle OB boxes (default: enabled)
- Min OB Strength: Minimum volume multiplier (default: 1.5x)
- Max OB Boxes: Limit displayed boxes (default: timeframe-adaptive)
- OB Lookback: Bars to track OBs (default: 100)
Liquidity Settings:
- Show Liquidity Sweeps: Toggle sweep labels (default: enabled)
- Lookback Bars: Period for liquidity pools (default: 20)
- Strong Sweep Threshold: Volume multiplier (default: 2.5x)
- Label Spacing: Minimum bars between labels (default: timeframe-adaptive)
Structure Settings:
- Show Structure: Toggle BOS/CHoCH labels (default: enabled)
- Show Breaker Blocks: Toggle BB labels (default: enabled)
- Show Displacement: Toggle DISP labels (default: enabled)
- Structure Sensitivity: Swing detection period (default: 20)
Display Options:
- Show Dashboard: Toggle SMC dashboard (default: enabled)
- Timeframe Adaptive: Auto-adjust limits (default: enabled)
- Remove Extensions: Don't extend boxes right (default: enabled)
- Color Theme: Choose color scheme
How to Use This Indicator
Step 1: Identify Market Structure
Check for recent BOS or CHoCH. BOS suggests trend continuation, CHoCH suggests potential reversal.
Step 2: Look for Liquidity Sweeps
Liquidity sweeps often precede strong moves in opposite direction. "STRONG LIQ" sweeps are particularly significant.
Step 3: Identify Order Blocks
Look for Order Blocks in the direction of intended trade. OBs often provide high-probability entry zones on retests.
Step 4: Check for FVGs
Unfilled FVGs act as magnets - price often returns to fill them. Can be used for entry targets or profit-taking zones.
Step 5: Watch for Displacement
Displacement signals strong institutional intent. When displacement occurs from an Order Block, it confirms the zone's validity.
Step 6: Monitor Breaker Blocks
Failed Order Blocks (Breaker Blocks) often mark major reversals. These are high-probability reversal zones.
Step 7: Review SMC Score
Check dashboard SMC Score. Scores above 7 indicate strong institutional confluence.
Best Practices
- Use on 15-minute to 4-hour timeframes for optimal SMC signal quality
- Liquidity sweeps followed by displacement are extremely high-probability setups
- Order Block retests with FVG confluence provide excellent risk:reward entries
- Wait for price to return to Order Blocks rather than chasing displacement
- Multiple unfilled FVGs in same direction suggest strong institutional intent
- Breaker Blocks combined with CHoCH signal major trend reversals
- Higher timeframe SMC signals are more reliable than lower timeframe
- Use SMC Score as filter - focus on setups with 7+ score
- Combine with traditional support/resistance for additional confirmation
Indicator Limitations
- Not all FVGs get filled - some remain unfilled in strong trends
- Order Blocks don't always provide support/resistance on retest
- Liquidity sweeps can be followed by additional sweeps (multiple stop hunts)
- Timeframe-adaptive filtering may hide some valid signals
- Requires understanding of Smart Money Concepts for effective use
- Visual elements can clutter chart even with adaptive limits
- SMC concepts work best in trending markets, less effective in ranges
- Institutional behavior patterns can change over time
- No SMC system eliminates false signals entirely
Technical Implementation
Built with Pine Script v6 using:
- Box management system with automatic cleanup
- Timeframe-adaptive limits and filtering
- Anti-overlap logic for all labels with dynamic spacing
- FVG mitigation tracking with visual markers
- Order Block strength calculation based on volume and size
- Liquidity pool identification with sweep detection
- Market structure tracking with BOS/CHoCH logic
- Displacement detection using ATR and volume
- Real-time SMC confluence scoring
- Comprehensive dashboard with all SMC metrics
The code is fully open-source and can be modified to adjust thresholds, visual preferences, and filtering criteria.
Originality Statement
This indicator is original in its comprehensive SMC integration approach. While individual concepts (FVG, Order Blocks, Breaker Blocks, Liquidity Sweeps, Market Structure, Displacement) are established Smart Money Concepts, this mashup is justified because:
- It tracks all major SMC concepts simultaneously in one indicator
- Timeframe-adaptive system prevents clutter while maintaining functionality
- Anti-overlap logic ensures clean visual presentation
- SMC confluence scoring quantifies institutional setup quality
- Integration reveals complete institutional trading sequences
- Enhanced visual elements (precise label positioning, mitigation markers) improve usability
Each SMC concept reveals different institutional behavior: FVGs show fast moves, Order Blocks show accumulation, Breaker Blocks show failed accumulation, Liquidity Sweeps show stop hunts, Market Structure shows control shifts, and Displacement shows strong intent. The mashup's value lies in presenting these complementary institutional footprints simultaneously, allowing traders to identify complete institutional trading sequences rather than isolated signals.
Disclaimer
This indicator is provided for educational and informational purposes only. It is not financial advice or a recommendation to buy or sell any financial instrument. Trading involves substantial risk of loss and is not suitable for all investors.
Smart Money Concepts are analytical frameworks based on observations of institutional trading patterns. They do not guarantee that institutions are actually trading at identified zones, nor do they predict future institutional behavior. Market conditions change, and patterns that worked historically may not work in the future.
The SMC Score is a mathematical calculation based on current market structure, not a prediction of future price movement. High SMC scores do not ensure profitable trades. Order Blocks, FVGs, and other SMC zones can fail to provide support/resistance. Liquidity sweeps can be followed by additional sweeps.
Always use proper risk management, including stop losses and position sizing appropriate for your account size and risk tolerance. Never risk more than you can afford to lose. Consider consulting with a qualified financial advisor before making investment decisions.
The author is not responsible for any losses incurred from using this indicator. Users assume full responsibility for all trading decisions made using this tool.
-Made with passion by officialjackofalltrades
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
The AI Trading Ecosystem, Built to win trades 📈
Get Full Access 👇
jackofalltrades.vip 🌐
t.me/jackofalltradesvip 🃏
Get Full Access 👇
jackofalltrades.vip 🌐
t.me/jackofalltradesvip 🃏
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
The AI Trading Ecosystem, Built to win trades 📈
Get Full Access 👇
jackofalltrades.vip 🌐
t.me/jackofalltradesvip 🃏
Get Full Access 👇
jackofalltrades.vip 🌐
t.me/jackofalltradesvip 🃏
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.