OPEN-SOURCE SCRIPT
Updated JRI SMC v22
THE 7 CONDITIONS YOUR INDICATOR CHECKS
1. Bias — Is the market structure bullish (HH+HL) or bearish (LH+LL)?
2. In Zone — Is price inside a confirmed supply or demand zone?
3. BOS — Did price break a recent structure level in your direction?
4. Retest — Did price come back and test that broken level?
5. vs VWAP — Is price above VWAP for buys, below for sells?
6. EMA Stack — Is EMA 20 above EMA 50 for buys, below for sells?
7. RSI — Is RSI above 50 for buys, below 50 for sells?
All 7 pointing the same direction means institutions are aligned with your trade. That’s when you pull the trigger.
1. Bias — Is the market structure bullish (HH+HL) or bearish (LH+LL)?
2. In Zone — Is price inside a confirmed supply or demand zone?
3. BOS — Did price break a recent structure level in your direction?
4. Retest — Did price come back and test that broken level?
5. vs VWAP — Is price above VWAP for buys, below for sells?
6. EMA Stack — Is EMA 20 above EMA 50 for buys, below for sells?
7. RSI — Is RSI above 50 for buys, below 50 for sells?
All 7 pointing the same direction means institutions are aligned with your trade. That’s when you pull the trigger.
Release Notes
✔ WATCH SUPPLY/DEMAND — removed from chart (alerts still work)✔ LIQ SWEEP — only shows once per sweep, not every bar
✔ HH/HL/LH/LL — only on confirmed swings, not every candle
✔ BOS lines — kept, they're useful
✔ Signal box — one per setup, clean position
✔ Dashboard — full, right side panel
✔ Sessions — background color only, no text clutter
✔ Signals blocked outside NY and London
Release Notes
POWERHOUSE CONFIRMATION CHECKLIST IN DASHBOARD1. Trend/Market Structure
Daily 4H 1H 15m alignment
2. Liquidity
LSH/LSL sweep detected
3. Institutional Move
Large body candle confirmed
4. Imbalance
Fair value gap present
5. CHOCH
Change of character / BOS
6. Mitigation
Price returned to OB/zone
7. Divergence/Correlation
RSI divergence check
8. Entry (FIB/Level/Ineff)
Price at key entry level
9. Risk to Reward
Minimum 1:3 confirmed
CHART CHANGES
Zones
S and D lines only — no colored boxes
Session bg
Very subtle — barely visible
1:3 setup
Entry / SL / T1 / T2 / T3 all drawn clearly
Signal box
Shows all levels labeled on chart
Colors
Minimal — only what matters
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.