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.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
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.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
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.