OPEN-SOURCE SCRIPT
Polymarket Smart Money 5m (Madrimov)
🔵 Polymarket Smart Money 5m ( by Madrimov)
Polymarket Smart Money 5m is a precision-based market structure indicator designed specifically for 5-minute trading, optimized for fast decision-making environments such as Polymarket and short-term derivatives markets.
It combines Smart Money Concepts (SMC) with controlled entry timing and volume confirmation to reduce noise and avoid overtrading.
⚙️ Core Logic
1️⃣ Market Structure (Smart Money Concepts)
Detects Swing Highs & Swing Lows
Identifies:
CHOCH (Change of Character) → Major structure shift
BOS (Break of Structure) → Trend continuation
Automatically tracks bullish and bearish trend state
👉 CHOCH alone = strong reversal signal
👉 BOS requires volume confirmation
2️⃣ Volume Confirmation Engine
Compares current volume against highest volume in lookback period
Requires:
Volume spike (multiplied threshold)
Minimum price displacement (0.15%)
Filters weak structure breaks
This helps eliminate fake breakouts and low-liquidity moves.
3️⃣ Polymarket Entry Window Filter
Signals are allowed only within the first X minutes of each 5-minute candle block
Default: First 2 minutes
Only 1 signal per 5-minute block
This prevents signal stacking and late entries.
📊 What You See On Chart
✔ Swing High / Swing Low markers
✔ Last High & Last Low structure lines
✔ CHOCH context markers
✔ Entry Window background highlight
✔ Clear UP / DOWN arrows
✔ Confidence % label (60–72%)
✔ Alert-ready signals
🧠 Signal Strength
Confidence % is calculated based on:
CHOCH only → ~65%
BOS with volume → ~60%
CHOCH + Volume spike → ~72% (strongest setup)
🔔 Alerts
Built-in alerts available:
🟢 UP Signal
🔴 DOWN Signal
Works perfectly with TradingView webhooks for automation.
🎯 Best Used For
5-minute charts
Polymarket event trading
Short-term scalping
High volatility sessions
⚠️ Important Notes
Designed for 5M timeframe only
Not a strategy (no backtesting)
Use proper risk management
Works best during active market sessions
Polymarket Smart Money 5m is a precision-based market structure indicator designed specifically for 5-minute trading, optimized for fast decision-making environments such as Polymarket and short-term derivatives markets.
It combines Smart Money Concepts (SMC) with controlled entry timing and volume confirmation to reduce noise and avoid overtrading.
⚙️ Core Logic
1️⃣ Market Structure (Smart Money Concepts)
Detects Swing Highs & Swing Lows
Identifies:
CHOCH (Change of Character) → Major structure shift
BOS (Break of Structure) → Trend continuation
Automatically tracks bullish and bearish trend state
👉 CHOCH alone = strong reversal signal
👉 BOS requires volume confirmation
2️⃣ Volume Confirmation Engine
Compares current volume against highest volume in lookback period
Requires:
Volume spike (multiplied threshold)
Minimum price displacement (0.15%)
Filters weak structure breaks
This helps eliminate fake breakouts and low-liquidity moves.
3️⃣ Polymarket Entry Window Filter
Signals are allowed only within the first X minutes of each 5-minute candle block
Default: First 2 minutes
Only 1 signal per 5-minute block
This prevents signal stacking and late entries.
📊 What You See On Chart
✔ Swing High / Swing Low markers
✔ Last High & Last Low structure lines
✔ CHOCH context markers
✔ Entry Window background highlight
✔ Clear UP / DOWN arrows
✔ Confidence % label (60–72%)
✔ Alert-ready signals
🧠 Signal Strength
Confidence % is calculated based on:
CHOCH only → ~65%
BOS with volume → ~60%
CHOCH + Volume spike → ~72% (strongest setup)
🔔 Alerts
Built-in alerts available:
🟢 UP Signal
🔴 DOWN Signal
Works perfectly with TradingView webhooks for automation.
🎯 Best Used For
5-minute charts
Polymarket event trading
Short-term scalping
High volatility sessions
⚠️ Important Notes
Designed for 5M timeframe only
Not a strategy (no backtesting)
Use proper risk management
Works best during active market sessions
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Telegram @Madrimov_trade
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Telegram @Madrimov_trade
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.