SMC Buy Sell KPG
- Indicators
- Version: 1.1
SMC Buy Sell KPG - User Guide (MT5)
SMC Buy Sell KPG is an advanced Smart Money Concepts indicator for MetaTrader 5. It displays buy and sell signals directly on the chart with an estimated accuracy percentage, provides sound alerts, popup alerts and mobile push notifications, and visualizes the market structure elements that professional traders use to analyze price action.
Features
- Smart Money Concepts elements are visualized on the chart: market structure (BOS and CHoCH), Order Blocks, Fair Value Gaps, Equal High and Equal Low levels, Premium and Discount zones, and Strong and Weak swing points.
- Buy and sell signals are shown as colored arrows with an accuracy percentage printed next to each arrow.
- Audio alerts, popup alerts and mobile push notifications are triggered when a new signal appears on a closed bar.
- Multi-timeframe high and low levels from Daily, Weekly and Monthly timeframes can be drawn on the current chart for extra context.
- The indicator works on any symbol and any timeframe chosen by the user.
- Arrow and text distances automatically adapt to each symbol and timeframe, so no manual adjustment is needed when switching markets.
Smart Money Concepts elements
- Market structure: Swing and Internal structure are drawn as colored lines. Break of Structure (BOS) and Change of Character (CHoCH) are labeled to highlight key market events.
- Order Blocks: active institutional order blocks are displayed as colored rectangles, distinguishing Swing Order Blocks and Internal Order Blocks.
- Fair Value Gaps: imbalances in price action are highlighted with colored rectangles to identify potential retracement zones.
- Equal High and Equal Low: liquidity zones where price has repeatedly tested the same level are marked to identify potential stop-hunt areas.
- Premium and Discount zones: the chart is divided into three areas, Premium at the top, Equilibrium in the middle and Discount at the bottom, helping traders identify value areas.
- Strong and Weak swing points: the most recent dominant swing high and low are labeled as Strong or Weak based on the current trend.
Signal types
- Green arrow below the candle with the text BUY xx%: buy signal with estimated accuracy percentage.
- Red arrow above the candle with the text SELL xx%: sell signal with estimated accuracy percentage.
Accuracy filters
- A buy signal is preferred in the Discount zone and a sell signal is preferred in the Premium zone.
- The indicator avoids giving a buy signal inside a Supply Order Block and avoids giving a sell signal inside a Demand Order Block.
- Trend confluence with the Swing and Internal structure is considered when estimating the accuracy percentage.
Suggested usage (for reference only)
- Use the indicator on H1 or H4 to identify the main market structure and trend direction.
- Look for matching signals on M5 or M15 timeframes when price reaches an Order Block or a Premium and Discount zone.
- Consider entering when the accuracy percentage of the signal is above 60% and aligns with the main structure from the higher timeframe.
- Set stop loss and take profit manually. Alerts indicate only the moment a signal appears.
- A possible stop loss level may be placed below the buy signal candle or above the sell signal candle, or beyond the nearest Order Block.
- A risk-to-reward ratio of 1:2 or 1:3 can be considered.
- Trading against the major structure is not recommended. Avoid noisy and very short timeframes.
- Combine the indicator with your own analysis. It is a decision-support tool, not an automated trading system.
Alert and notification
- Sound alerts play when a new signal appears on a closed bar.
- Popup alerts display a message inside the MetaTrader 5 terminal.
- Push notifications are sent to the MetaTrader 5 mobile application when the terminal is connected and the MetaQuotes ID is configured in the terminal options.
- Alerts are fired only once per signal, on the bar close, avoiding spam during history loading.
Input parameters (examples)
- Mode: Historical or Present display.
- Swing Structure: visibility, colors and length.
- Internal Structure: visibility, colors and confluence filter.
- Order Blocks: visibility, count, filter method and mitigation method.
- Fair Value Gaps: visibility, extension and colors.
- Premium and Discount Zones: visibility and colors.
- Signal Source: choose which market events produce buy and sell signals.
- Arrow and Text distance: automatic per symbol and timeframe.
- Label sizes: adjustable text sizes for structure labels and zone labels.
- Alerts: enable or disable sound, popup and mobile push notifications.
Disclaimer
- This tool provides analytical assistance. Trading involves risk. Past performance does not guarantee future results. Manage your capital responsibly.
Support
- Support is provided through the product comments section or via the mql5.com internal messaging system.
- Support is not offered via Telegram, other messengers, or external websites.
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