SMC Engine (FVG, POI, Breakaway)
Overview:
SMC Engine (OB, FVG, Breakaway) is a comprehensive, institutional-grade Smart Money Concepts (SMC) indicator designed to help price action traders identify market structure, liquidity zones, and institutional footprints with precision.
Whether you trade intraday setups or higher timeframes, this script automates the heavy lifting of mapping order blocks, imbalances, and inducement levels.
Key Features:
Order Blocks & Master POIs: Automatically plots Bullish and Bearish Order Blocks (OB) upon structural breaks, complete with high-confluence Master POI zones. Includes auto-mitigation logic that clears zones once tested or breached by price.
Fair Value Gaps (FVG) & Breakaway Gaps: Highlights standard imbalances and aggressive displacement breakaway gaps. Features an optional 50% Equilibrium (CE) midline to track institutional discount/premium reactions.
Multi-Timeframe Flexibility: Includes a toggle to restrict complex intraday elements (like CHoCH, BOS, and IDMT sweeps) exclusively to intraday charts, ensuring your Daily and higher timeframe charts remain clean and focused strictly on key Order Blocks and zones.
Real-Time SMC Dashboard: Features a clean, on-screen metrics table tracking current market bias, active FVG counts, breakaway gaps, active order blocks, and POI metrics at a glance.
Built-in Alert Conditions: Set custom alerts for Imbalance/FVG formations, Order Block tests, and price crosses to never miss an institutional setup.
Customization & Inputs:
Designed with flexibility in mind, the indicator allows you to tailor every visual and functional element to fit your exact trading methodology:
Swing Pivot Length: Fine-tune the sensitivity of market swing detection by adjusting the lookback pivot length to match scalping, day trading, or swing trading timeframes.
Display & Timeframe Controls: Easily toggle the “Show SMC Only on Intraday Charts” setting to automatically clean up higher timeframes (like Daily or Weekly charts) by hiding minor structure lines while keeping key institutional zones visible.
Order Block & IDMT Settings: Customize label sizes (Small, Normal, Large, Huge) for Order Blocks and Inducement (IDMT) sweeps, and select specific text and dashed line colors for IDMT sweeps.
Master POI Zones: Turn high-confluence Master Confluent POI zones on or off, and assign custom semi-transparent background colors for bullish and bearish institutional zones.
FVG & Breakaway Gap Styling: Configure standard imbalance boxes and displacement breakaway gaps separately. Enable or disable the 50% Equilibrium (CE) midline to monitor discount and premium price reactions precisely.
On-Screen Dashboard: Choose your preferred dashboard layout position (Top Right, Bottom Right, Top Left, Bottom Left) or hide the table entirely if you prefer an uncluttered chart canvas.
Trading Strategies & Combos:
To get the highest probability setups from this engine, consider combining it with other technical tools:
Volume Analysis: Pair this script with a Volume Profile or Volume Delta indicator. Look for institutional Order Blocks and Breakaway Gaps that form alongside massive volume spikes or high volume nodes to confirm institutional sponsorship.
Higher Timeframe Support & Resistance: Use the multi-timeframe capability to mark key daily/weekly S&R levels. When a Master POI or Order Block overlaps with major support or resistance, it creates a high-confluence reversal or continuation zone.
Strategy Note: Order Block Mitigation & Bias Reversal :
Smart Money Concepts rely heavily on mitigation and structural shifts. Here is how you can interpret breaks within this engine:
Order Block Validation & Mitigation: As price interacts with Bullish or Bearish Order Blocks, the script automatically tracks and auto-mitigates (deletes) zones once price closes past their invalidation levels.
Reversing Bias on OB Breaks: If a strong Bullish Order Block is decisively broken to the downside (or a Bearish OB is broken to the upside), it often signals a shift in market sentiment or a change of character (CHoCH). Traders frequently use these breaches to flip their directional bias, anticipating a continuation in the direction of the breakout or a retest of the newly formed opposing structure.
Disclaimer
This indicator is intended strictly for educational, informational, and analytical purposes and does not constitute financial, investment, or trading advice. Past performance of Smart Money Concepts or any technical setups identified by this script does not guarantee future results. Trading financial markets involves substantial risk of loss and is not suitable for every investor. You are solely responsible for your own trading decisions, risk management, and capital allocation. The author and publisher of this script assume no responsibility or liability for any direct, indirect, or consequential losses arising from the use of this indicator.
SMC Engine (OB, FVG, Breakaway) is a comprehensive, institutional-grade Smart Money Concepts (SMC) indicator designed to help price action traders identify market structure, liquidity zones, and institutional footprints with precision.
Whether you trade intraday setups or higher timeframes, this script automates the heavy lifting of mapping order blocks, imbalances, and inducement levels.
Key Features:
Order Blocks & Master POIs: Automatically plots Bullish and Bearish Order Blocks (OB) upon structural breaks, complete with high-confluence Master POI zones. Includes auto-mitigation logic that clears zones once tested or breached by price.
Fair Value Gaps (FVG) & Breakaway Gaps: Highlights standard imbalances and aggressive displacement breakaway gaps. Features an optional 50% Equilibrium (CE) midline to track institutional discount/premium reactions.
Multi-Timeframe Flexibility: Includes a toggle to restrict complex intraday elements (like CHoCH, BOS, and IDMT sweeps) exclusively to intraday charts, ensuring your Daily and higher timeframe charts remain clean and focused strictly on key Order Blocks and zones.
Real-Time SMC Dashboard: Features a clean, on-screen metrics table tracking current market bias, active FVG counts, breakaway gaps, active order blocks, and POI metrics at a glance.
Built-in Alert Conditions: Set custom alerts for Imbalance/FVG formations, Order Block tests, and price crosses to never miss an institutional setup.
Customization & Inputs:
Designed with flexibility in mind, the indicator allows you to tailor every visual and functional element to fit your exact trading methodology:
Swing Pivot Length: Fine-tune the sensitivity of market swing detection by adjusting the lookback pivot length to match scalping, day trading, or swing trading timeframes.
Display & Timeframe Controls: Easily toggle the “Show SMC Only on Intraday Charts” setting to automatically clean up higher timeframes (like Daily or Weekly charts) by hiding minor structure lines while keeping key institutional zones visible.
Order Block & IDMT Settings: Customize label sizes (Small, Normal, Large, Huge) for Order Blocks and Inducement (IDMT) sweeps, and select specific text and dashed line colors for IDMT sweeps.
Master POI Zones: Turn high-confluence Master Confluent POI zones on or off, and assign custom semi-transparent background colors for bullish and bearish institutional zones.
FVG & Breakaway Gap Styling: Configure standard imbalance boxes and displacement breakaway gaps separately. Enable or disable the 50% Equilibrium (CE) midline to monitor discount and premium price reactions precisely.
On-Screen Dashboard: Choose your preferred dashboard layout position (Top Right, Bottom Right, Top Left, Bottom Left) or hide the table entirely if you prefer an uncluttered chart canvas.
Trading Strategies & Combos:
To get the highest probability setups from this engine, consider combining it with other technical tools:
Volume Analysis: Pair this script with a Volume Profile or Volume Delta indicator. Look for institutional Order Blocks and Breakaway Gaps that form alongside massive volume spikes or high volume nodes to confirm institutional sponsorship.
Higher Timeframe Support & Resistance: Use the multi-timeframe capability to mark key daily/weekly S&R levels. When a Master POI or Order Block overlaps with major support or resistance, it creates a high-confluence reversal or continuation zone.
Strategy Note: Order Block Mitigation & Bias Reversal :
Smart Money Concepts rely heavily on mitigation and structural shifts. Here is how you can interpret breaks within this engine:
Order Block Validation & Mitigation: As price interacts with Bullish or Bearish Order Blocks, the script automatically tracks and auto-mitigates (deletes) zones once price closes past their invalidation levels.
Reversing Bias on OB Breaks: If a strong Bullish Order Block is decisively broken to the downside (or a Bearish OB is broken to the upside), it often signals a shift in market sentiment or a change of character (CHoCH). Traders frequently use these breaches to flip their directional bias, anticipating a continuation in the direction of the breakout or a retest of the newly formed opposing structure.
Disclaimer
This indicator is intended strictly for educational, informational, and analytical purposes and does not constitute financial, investment, or trading advice. Past performance of Smart Money Concepts or any technical setups identified by this script does not guarantee future results. Trading financial markets involves substantial risk of loss and is not suitable for every investor. You are solely responsible for your own trading decisions, risk management, and capital allocation. The author and publisher of this script assume no responsibility or liability for any direct, indirect, or consequential losses arising from the use of this indicator.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.