OPEN-SOURCE SCRIPT
AS 1M SMART MONEY STRATEGY
AS Ultra Smart Money Strategy (Nasdaq M1)OverviewThe AS Ultra Smart Money Strategy is a high-frequency trading system specifically engineered for the Nasdaq (NAS100/USTEC) on a 1-minute (M1) timeframe. It combines classic trend-following moving averages with modern Smart Money Concepts (SMC), such as Fair Value Gaps (FVG) and Liquidity Sweeps, to identify high-probability institutional order flow.Key Components1. Multi-Layered Trend FilterThe strategy utilizes a hierarchy of Simple Moving Averages (SMA) to ensure trades are only taken in the direction of the dominant market force:Trigger (7 SMA): Defines immediate momentum and entry timing.Short-to-Medium Term (20, 50, 89 SMA): Filters the local trend.Macro Filter (200 & 500 SMA): Acts as the "ultimate" trend filter to prevent trading against the primary market cycle.2. Smart Money LogicFair Value Gaps (FVG): Automatically detects and highlights imbalances on the chart where price moved too quickly, leaving "gaps" that institutions often return to fill.Liquidity Sweeps: Identifies "fakeouts" above recent swing highs or below swing lows. The strategy looks for price to reclaim these levels, signaling a trap for retail traders and a move in the opposite direction.3. Volatility & Expansion EngineTo avoid "choppy" or sideways markets, the indicator includes a Volatility Filter:Expansion Mode: Triggered when short-term ATR exceeds long-term ATR.Squeeze Protection: Uses Bollinger Band Width to identify low-volatility periods, preventing entries when the market is "coiling" or lacks momentum.4. Scoring System (Confidence Engine)Instead of relying on a single trigger, the strategy uses a weighted scoring model. A signal (Long/Short) is only generated when at least 3 out of 4 conditions are met:Trend Alignment (Price relative to SMAs).SMA Cross (Momentum shift).FVG Presence (Imbalance detection).Liquidity Reclaim (Sweep confirmation).Risk Management & FeaturesAutomated Trade Execution: Integrated strategy.entry and strategy.exit logic.ATR-Based Stops/Targets: Dynamic Stop Loss and Take Profit levels that adapt to current market volatility.US Session Filter: Designed specifically for the New York session volatility (09:30 - 16:00 EST).Pro Dashboard: A real-time on-chart table showing current Trend Status, Long/Short Confidence %, and Volatility state.How to TradeBullish Entry: Look for the "ULTRA LONG" signal. This occurs when the trend is up, a liquidity sweep of the lows has happened, and price crosses back above the 7 SMA during an expansion phase.Bearish Entry: Look for the "ULTRA SHORT" signal. This occurs when the macro trend is down, a liquidity sweep of the highs has happened, and price breaks below the 7 SMA.
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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.