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3 années
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The indicator visualizes market waves, like Elliott waves, but the algorithm is slightly different! Shows the current trend direction. It is recommended to use the indicator as a filter to determine the direction of the current trend and further search for entry points along the trend. On the last wave, you can turn on the display of the Fibo grid, when using entry into positions for Fibo line corrections. We recommend using the indicator on timeframes H1 and older
I have been trading on the SmartMoney system for a long time, and writing this indicator was inspired by it. The indicator is designed to better visualize the market structure, namely the moments of breaking the market structure, such as BOS (Break of Structure) and CHoCH (Change of Character). The zones of the Order Blocks and the Imbalance are also drawn. The indicator has a fine-tuning feature that allows you to customize it to your trading style