OPEN-SOURCE SCRIPT
SMC Premium Automation
The Story of How This Indicator Tells You to BUY or SELL
1️⃣ The Sweep — “Peek‑a‑boo!”
This is when the price monster sticks its hand above a high or below a low to grab candy.
But then it pulls its hand back quickly.
It’s like:
“Peek‑a‑boo! I took the candy!”
That’s a sweep.
2️⃣ The CHoCH — “Uh‑oh… the monster slipped!”
After the monster grabs the candy, it loses its balance and falls the other way.
That fall is called a CHoCH.
It means:
“The monster is changing direction!”
3️⃣ The Order Block — “The monster left footprints!”
Before the monster fell, it stepped on the ground and left a footprint.
That footprint is called an Order Block.
It’s like:
“Here’s where the monster stood before turning around.”
4️⃣ The Entry — “The hero jumps in!”
When the monster comes back to its footprint…
The hero jumps out and says:
BUY! if the monster fell upward
SELL! if the monster fell downward
This is your entry signal.
It’s the safest moment to act because:
“The monster already showed where it’s going.”
⭐ Putting it all together
Here’s the whole adventure:
Sweep → Monster grabs candy
CHoCH → Monster slips and turns around
Order Block → Monster leaves a footprint
Entry → Hero jumps in and says BUY or SELL
That’s it.
⭐ Why this is so powerful
Even a five‑year‑old can understand:
“Wait for the monster to grab candy, slip, leave a footprint, and come back.”
That’s when the hero makes the best move.
If you want, I can also explain:
Stop loss like a “safety shield”
Take profit like “collecting treasure”
Trend like “the direction the river is flowing”
Just tell me what you want next.
1️⃣ The Sweep — “Peek‑a‑boo!”
This is when the price monster sticks its hand above a high or below a low to grab candy.
But then it pulls its hand back quickly.
It’s like:
“Peek‑a‑boo! I took the candy!”
That’s a sweep.
2️⃣ The CHoCH — “Uh‑oh… the monster slipped!”
After the monster grabs the candy, it loses its balance and falls the other way.
That fall is called a CHoCH.
It means:
“The monster is changing direction!”
3️⃣ The Order Block — “The monster left footprints!”
Before the monster fell, it stepped on the ground and left a footprint.
That footprint is called an Order Block.
It’s like:
“Here’s where the monster stood before turning around.”
4️⃣ The Entry — “The hero jumps in!”
When the monster comes back to its footprint…
The hero jumps out and says:
BUY! if the monster fell upward
SELL! if the monster fell downward
This is your entry signal.
It’s the safest moment to act because:
“The monster already showed where it’s going.”
⭐ Putting it all together
Here’s the whole adventure:
Sweep → Monster grabs candy
CHoCH → Monster slips and turns around
Order Block → Monster leaves a footprint
Entry → Hero jumps in and says BUY or SELL
That’s it.
⭐ Why this is so powerful
Even a five‑year‑old can understand:
“Wait for the monster to grab candy, slip, leave a footprint, and come back.”
That’s when the hero makes the best move.
If you want, I can also explain:
Stop loss like a “safety shield”
Take profit like “collecting treasure”
Trend like “the direction the river is flowing”
Just tell me what you want next.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.