SmartFlow Consensus
- Indicators
- Version: 1.0
- Activations: 5
SmartFlow Consensus is a chart overlay indicator designed for traders who need a clean, structural view of price action without clutter. It filters market noise through an internal consensus engine and renders the result directly onto the chart as intuitive color-coded candles, price zones, and trend structure lines. Built for traders who make decisions from structure rather than guesswork, it combines fractal-based zone detection, multi-layer consensus filtering, and market structure tracking into a single clean overlay.
WHAT YOU SEE ON THE CHART
- Color-coded candles reflecting the current consensus state — bullish or bearish — updated on every confirmed bar close
- Horizontal price zones anchored to historically significant swing points, displayed in two distinct states: active zones that price has not yet violated, and broken zones where price has closed through, rendered in a faded style
- Structural trend lines drawn automatically between consecutive Higher Lows and Lower Highs as market structure evolves
- A corner label showing live structural bias: bullish, bearish, or scanning when structure is not yet established
- An optional multi-timeframe panel displaying consensus bias across up to three higher timeframes simultaneously
- Pop-up alerts triggered on consensus state changes at bar close
INPUTS OVERVIEW
Candle and Price Source — Select between standard or smoothed candle rendering, and choose which price input feeds the consensus engine.
Consensus Sensitivity — Adjust how the internal filtering system responds to changing market conditions.
Fractal Detection — Define how the indicator locates swing points used for zone placement.
Zone Appearance — Full control over colors, opacity, line width, and style for active and broken zones separately. Option to hide broken zones entirely.
Labels and Price Tags — Toggle zone labels on or off, customize text, size, and distance from zone lines. Enable right-edge price tags for quick level reading.
Display Filters — Show high zones, low zones, or both.
Market Structure Label — Set corner position, font size, text content, and individual colors for each structural state.
Trend Lines — Toggle Higher Low and Lower High lines independently, set color, width, and line style.
Multi Timeframe Panel — Enable consensus bias display for up to three additional timeframes with independent screen positioning.
Alerts — Toggle bar-close consensus alerts on or off.
HOW TO READ IT
1. Blue candles signal bullish consensus; dark candles signal bearish consensus.
2. Bold solid zones are active — price has not closed through them. Faded dotted zones have been violated and are historical reference only.
3. Trend lines appear when a new Higher Low or Lower High is confirmed, marking a structural shift.
4. The corner label updates in real time — scanning indicates the engine has not established a clear directional bias.
5. When the multi-timeframe panel agrees with the current chart bias, conviction is higher. When it disagrees, treat signals with caution.
6. All signals — candle color, zone breaks, and alerts — are based on confirmed bar closes only, not intra-bar wicks.
COMPATIBILITY
MetaTrader 5. All symbols. All timeframes. No external DLLs required.
A ChartPrint product.
