EmuTrade SMC concepts
- Utilities
- Version: 5.11
- Activations: 5
ET SMC CONCEPTS v5.11
Smart Money Concepts mapped automatically from closed candles: structure, liquidity, order blocks and fair value gaps.
OVERVIEW
SMC Concepts reads market structure on your chart and draws the levels traders using Smart Money Concepts look for, so you can study them consistently instead of drawing them by hand. Liquidity is tracked at previous-day and Asian-session levels and at equal highs and lows. When liquidity is taken and price closes through the last swing on the other side, the structure shift is marked, with the order block and fair value gap behind it and whether price sits in the premium or discount half of the recent range.
FEATURES
- Market structure: swings, break of structure and change of character / market structure shift
- Liquidity: previous-day and Asian-session levels, equal highs and lows, and sweeps of them
- Order blocks and fair value gaps
- Premium and discount halves of the recent range
- Marks drawn on closed candles only
WHAT IT DOES NOT DO
- It places no orders, changes no orders and gives no advice. Every trading decision is yours.
- Readings and marks are taken from closed candles and do not move once drawn.
COMMON TO EVERY ET TOOL
- Setup wizard with a single Style choice (Scalping, Day trading, Swing, Position) that sets the scale for you.
- Watchlist of the markets best suited to the tool, a SIZE tab position-size calculator, and a DEFINITIONS tab.
- Notices by terminal alert, push notification and e-mail, using the addresses you set in MetaTrader.
- Interface in English, Spanish, Portuguese, French, German, Italian and Afrikaans, with one-click colour themes.
- Works on any symbol and any account type (hedging or netting).
IMPORTANT INFORMATION
- Market information and software only. This product is not financial advice, not a recommendation and not a trading signal. EmuTrade Technologies is not an authorised financial services provider.
- Trading CFDs on gold, indices and currencies is high risk. You can lose all of the money in your account.
- Past and simulated results do not guarantee future results. No profit or result is promised.
- Test on a demo account before any live use, and keep MetaTrader running and connected.
