SMC Osw
- Indicators
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William Oswaldo Mayorga Urduy
MQL4 and MQL5 trader and developer since February 2019, delivering projects in under one day and providing post-delivery technical support.
Optimized code, advanced logic, and high-quality code. - Version: 1.0
- Activations: 7
Smart Money Osw: The Heart of the Institutional Algorithm
Smart Money Osw is an advanced structure analysis tool designed to automate the Smart Money Concepts (SMC) methodology with professional precision. The indicator automatically identifies key market inflection points, detecting breaks of structure, changes of character, and institutional supply and demand zones in real time, allowing traders to operate with the same vision as major banks and investment funds.
Specialized Parameters Guide
ZZDepth: Configures the scan depth to identify the most significant structural support and resistance levels.
ZZDesviation: Defines sensitivity to price volatility to filter market noise and focus on real movements.
ZZBackStep: Determines the minimum retracement necessary to validate a new peak or valley in the institutional structure.
AlertBOS: Enables or disables signals for Break of Structure (BOS), indicating trend continuation.
AlertCHOCH: Enables alerts for Change of Character (CHOCH), signaling major potential trend reversals.
Send Alert: Sends direct visual and sound notifications to your MetaTrader terminal.
Send Mail: Configures automatic signal delivery directly to your email inbox.
Send push: Allows you to receive every entry opportunity instantly on your mobile device through the MetaTrader app.
Visual Interpretation and Technical Analysis
The indicator projects dynamic labels that facilitate chart reading without cluttering it:
CHOCH (Change of Character): Visualized as the first warning sign that the previous trend has ended and order flow is shifting.
BOS (Break of Structure): Confirms that the market has validated the current trend, breaking previous highs or lows with strength.
OB (Order Blocks): Locates the exact zones where institutional strength originated, serving as high-probability levels for Sniper-style entries.
Operation and Strategy Guide
For high-precision trading, it is recommended to look for entries in the Order Block (OB) that forms after a CHOCH appears. Once the trend is confirmed, BOS signals serve to manage the position and confirm that the order flow remains dominant in that direction.
Optimization and Recommendations
Timeframes: Maximum performance on M5, M15, and H1 timeframes for high-precision intraday trading.
Assets: Highly effective on major Forex pairs, Gold (XAUUSD), and Stock Indices (NAS100, US30).
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