OPEN-SOURCE SCRIPT
Diupdate FCPO Kental (SMC)
Title: FCPO Kental (SMC)
Description:
An all-in-one price overlay for intraday traders, tuned with FCPO (Bursa Malaysia crude palm oil futures) in mind but usable on any symbol or timeframe. It combines market-structure detection (CHoCH/BOS), Fair Value Gaps, auto-Fibonacci from the active swing, and key reference levels (previous day/week high & low, plus daily/weekly/monthly opens) into one clean layout so you can read confluence at a glance.
Suggested workflow
Establish the trend first. Use your own trendlines, channels, or higher-timeframe read to decide if price is trending up, down, or ranging. This tool supports your read — it doesn't replace it.
Trade structure with the trend. Watch CHoCH (change of character) and BOS (break of structure). Favour signals that agree with the trend you identified; treat counter-trend shifts with caution.
Use FVG as the entry zone. Fair Value Gaps mark imbalance left by aggressive moves, and price often revisits them. A FVG that lines up with your trend and a fresh structure shift is a candidate entry area.
Read the auto-Fibonacci for premium/discount. Drawn automatically from the live swing: the 0.5 and 0.618 levels mark a healthy discount zone (favourable entries), while the -0.618 extension acts as a take-profit reference.
Best confluence: trend + structure shift + a FVG sitting inside the 0.5–0.618 discount, targeting the -0.618 extension.
Features
Auto CHoCH & BOS with body/wick break option and adjustable history
Bullish/bearish FVG with mitigation tracking, auto-cleanup, and alerts
Auto-Fibonacci from the active swing (five configurable levels, incl. 0.5/0.618 discount and -0.618 target)
Reference levels: PDH/PDL, PWH/PWL, daily/weekly/monthly opens — each toggleable
Modular master switches per block, with full colour/style control
Alerts: BOS, CHoCH, FVG mitigation
Scope
This is a discretionary analysis tool — not a strategy. It does not place orders or produce backtest statistics. Order-flow elements (footprint, delta, absorption) are intentionally not included, as they can't be computed reliably in Pine.
Credits & license
Market-structure & FVG logic is based on the open-source "SMC Structures and FVG" by LudoGH68 (Mozilla Public License 2.0). The PDH/PDL and opens levels are adapted from an open-source community script. Published under MPL-2.0 in keeping with the original license.
Disclaimer: For education and analysis only. Not financial advice. Trading futures carries significant risk of loss. Past behaviour of any level or signal does not guarantee future results — do your own analysis and manage risk.
Description:
An all-in-one price overlay for intraday traders, tuned with FCPO (Bursa Malaysia crude palm oil futures) in mind but usable on any symbol or timeframe. It combines market-structure detection (CHoCH/BOS), Fair Value Gaps, auto-Fibonacci from the active swing, and key reference levels (previous day/week high & low, plus daily/weekly/monthly opens) into one clean layout so you can read confluence at a glance.
Suggested workflow
Establish the trend first. Use your own trendlines, channels, or higher-timeframe read to decide if price is trending up, down, or ranging. This tool supports your read — it doesn't replace it.
Trade structure with the trend. Watch CHoCH (change of character) and BOS (break of structure). Favour signals that agree with the trend you identified; treat counter-trend shifts with caution.
Use FVG as the entry zone. Fair Value Gaps mark imbalance left by aggressive moves, and price often revisits them. A FVG that lines up with your trend and a fresh structure shift is a candidate entry area.
Read the auto-Fibonacci for premium/discount. Drawn automatically from the live swing: the 0.5 and 0.618 levels mark a healthy discount zone (favourable entries), while the -0.618 extension acts as a take-profit reference.
Best confluence: trend + structure shift + a FVG sitting inside the 0.5–0.618 discount, targeting the -0.618 extension.
Features
Auto CHoCH & BOS with body/wick break option and adjustable history
Bullish/bearish FVG with mitigation tracking, auto-cleanup, and alerts
Auto-Fibonacci from the active swing (five configurable levels, incl. 0.5/0.618 discount and -0.618 target)
Reference levels: PDH/PDL, PWH/PWL, daily/weekly/monthly opens — each toggleable
Modular master switches per block, with full colour/style control
Alerts: BOS, CHoCH, FVG mitigation
Scope
This is a discretionary analysis tool — not a strategy. It does not place orders or produce backtest statistics. Order-flow elements (footprint, delta, absorption) are intentionally not included, as they can't be computed reliably in Pine.
Credits & license
Market-structure & FVG logic is based on the open-source "SMC Structures and FVG" by LudoGH68 (Mozilla Public License 2.0). The PDH/PDL and opens levels are adapted from an open-source community script. Published under MPL-2.0 in keeping with the original license.
Disclaimer: For education and analysis only. Not financial advice. Trading futures carries significant risk of loss. Past behaviour of any level or signal does not guarantee future results — do your own analysis and manage risk.
Catatan Rilis
Title: FCPO Kental (SMC)Description:
An all-in-one price overlay for intraday traders, tuned with FCPO (Bursa Malaysia crude palm oil futures) in mind but usable on any symbol or timeframe. It combines market-structure detection (CHoCH/BOS), Fair Value Gaps, auto-Fibonacci from the active swing, and key reference levels (previous day/week high & low, plus daily/weekly/monthly opens) into one clean layout so you can read confluence at a glance.
Suggested workflow
Establish the trend first. Use your own trendlines, channels, or higher-timeframe read to decide if price is trending up, down, or ranging. This tool supports your read — it doesn't replace it.
Trade structure with the trend. Watch CHoCH (change of character) and BOS (break of structure). Favour signals that agree with the trend you identified; treat counter-trend shifts with caution.
Use FVG as the entry zone. Fair Value Gaps mark imbalance left by aggressive moves, and price often revisits them. A FVG that lines up with your trend and a fresh structure shift is a candidate entry area.
Read the auto-Fibonacci for premium/discount. Drawn automatically from the live swing: the 0.5 and 0.618 levels mark a healthy discount zone (favourable entries), while the -0.618 extension acts as a take-profit reference.
Best confluence: trend + structure shift + a FVG sitting inside the 0.5–0.618 discount, targeting the -0.618 extension.
Features
Auto CHoCH & BOS with body/wick break option and adjustable history
Bullish/bearish FVG with mitigation tracking, auto-cleanup, and alerts
Auto-Fibonacci from the active swing (five configurable levels, incl. 0.5/0.618 discount and -0.618 target)
Reference levels: PDH/PDL, PWH/PWL, daily/weekly/monthly opens — each toggleable
Modular master switches per block, with full colour/style control
Alerts: BOS, CHoCH, FVG mitigation
Scope
This is a discretionary analysis tool — not a strategy. It does not place orders or produce backtest statistics. Order-flow elements (footprint, delta, absorption) are intentionally not included, as they can't be computed reliably in Pine.
Credits & license
Market-structure & FVG logic is based on the open-source "SMC Structures and FVG" by LudoGH68 (Mozilla Public License 2.0). The PDH/PDL and opens levels are adapted from an open-source community script. Published under MPL-2.0 in keeping with the original license.
Disclaimer: For education and analysis only. Not financial advice. Trading futures carries significant risk of loss. Past behaviour of any level or signal does not guarantee future results — do your own analysis and manage risk.
Catatan Rilis
Updated FVG text color.Catatan Rilis
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// A new, improved version is available — search TradingView indicator for: FCPO KENTAL
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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.
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.