ICT Donchian Smart Mony Structure Indicator in MT4
- Indicatori
- Mehnoosh Karimi
- Versione: 3.1
- Attivazioni: 10
ICT Donchian Smart Money Structure Indicator for MetaTrader 4
The ICT Donchian Smart Money Structure Indicator combines the Donchian Channel, pivot-based market structure, and institutional trading principles to analyze and display price action dynamically on the chart. This indicator helps traders interpret structural shifts in the market with greater accuracy.
Change of Character (CHoCH) signals are marked with red lines, indicating a potential change in trend direction. These signals are followed by zigzag formations that map internal price swings and reveal the market’s microstructure. When directional momentum continues, light blue lines appear to confirm a Break of Structure (BOS), validating the emerging trend bias.
The indicator is designed to assist traders in identifying precise trade entries by analyzing price reactions around key structural levels.
ICT Donchian Smart Money Structure Indicator Specifications
| Category | Details |
| Classification | Levels & Zones – Smart Money – ICT |
| Platform | MetaTrader 4 |
| Skill Level | Advanced |
| Indicator Type | Breakout / Reversal |
| Timeframe | Multi-Timeframe |
| Trading Style | Intraday |
| Market | All Markets |
Indicator Overview
Using a 20-bar pivot system, the ICT Donchian Smart Money Structure Indicator identifies critical structural reversal zones, displayed as horizontal or angled levels. When two to three pivots are broken consecutively, a Break of Structure (BOS) is triggered, signaling strong momentum and a breakdown of the previous market structure.
This behavior often reflects institutional participation and highlights moments when price transitions into a new directional phase.
Uptrend Scenario
In the XAU/USD 5-minute timeframe example, the market is initially bearish. A strong bullish candle breaks above the most recent minor high within the lower range, triggering a CHoCH signal marked by a red line.
As price forms a higher high without creating a lower low, a light blue BOS marker appears, confirming the start of an uptrend. When price moves beyond multiple 20-bar pivot levels, a structural imbalance forms. The following pullback represents an accumulation phase, where the indicator highlights a discounted buying zone.
Downtrend Scenario
This example demonstrates the AUD/CAD pair in a bearish environment. As bullish momentum weakens, the break of a recent minor low triggers a CHoCH signal, suggesting a potential trend reversal.
Once a lower low is established, the light blue BOS line appears, confirming bearish market structure. After key support pivots are broken and a structural gap develops, price enters a pullback phase. The indicator then identifies a sell zone near the recently breached structural levels.
Indicator Settings
The indicator offers flexible customization options:
- Show DonChain: Enables or disables the Donchian Channel display
- Show SMC: Toggles Smart Money Structure elements
Tip: Traders seeking a clean and minimalist chart layout can disable the Donchian Channel and focus solely on structure-based signals.
Conclusion
The ICT Donchian Smart Money Structure Indicator is an advanced market structure analysis tool built on Smart Money Concepts within the ICT framework. By integrating CHoCH, BOS, pivot breaks, and structural imbalances, it helps traders identify trend reversals, momentum shifts, and high-probability entry zones.
Through the combined use of fractal market structure and Donchian Channel dynamics, this indicator provides a clear and structured view of market strength and directional bias across all markets.
