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Smart money concept

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The indicator tracks the smallest movements of price action. It can monitor and analyze market context, attempting to identify trends within each time frame.

If a candle has its entire body above the previous swing high, it indicates a strong upward momentum. The market is leaning towards an upward direction. If the candle remains within the range of the previous swing high, it signifies weak upward momentum. The market is reluctant to move higher.

If a candle has its entire body below the previous swing low, it reflects a strong downward momentum. The market is leaning towards a downward direction. If the candle remains within the range of the previous swing low, it indicates weak downward momentum. The market is reluctant to move lower.
Release Note
Update
Release Note
Update setting
Release Note
Introduce the "sweep" signal into the wave structure. In a downtrend, after the price has risen and a candle closes with a higher body than the previous one, forming a temporary bottom, and then the price continues to decrease but only the candle's wick breaks below the low, followed by an increase in price and candles with bodies breaking above the high of the downtrend, this creates a bottom sweep. In an uptrend, the opposite applies.
Release Note
Bug fixes
Release Note
Add the "imbalance zone," which is depicted as a blue box.
Release Note
Fixed bugs and added color options for Imbalance
Release Note
Add notification function when the candle closes price forms a High, Low or when the candle's wick crosses the High or Low
Release Note
Add a red line to indicate it is a CHOCH signal and notify the CHOCH signal
Release Note
Add the Orders block shown by the green box
Release Note
Updated top and bottom creation rules
Release Note
Fixed code error in determining bos points
Release Note
Fixed error in determining top and bottom creation positions
Release Note
Fix error in determining top and bottom
Release Note
Update CHoCH points (Change of Character)
Release Note
Fix the error of getting CHOCH position when there is a sweep
Release Note
Fix bug
Release Note
Update BOS position when candle wick breaks through
Release Note
Fixed breakout position when there is sweep and BOS signal
Release Note
Update wave structure.
ignore inside candles when confirming tops and bottoms
Release Note
Update structure
Release Note
fix Update wave structure
Release Note
update wave structure
Release Note
Update wave structure
Release Note
fix structure definition error
Release Note
Fix bug
Release Note
Fix bug
Release Note
Hide test label
Release Note
Updated colors for inside candles and outside bars

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