SMC Alpha Engine
- Indicatori
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Chinthala Baji
I am a passionate High-Frequency Trading (HFT) Developer specializing in building advanced algorithmic trading systems for financial markets. My focus is on creating fast, efficient, and highly accurate trading solutions that leverage automation, data analysis, and precision execution. - Versione: 12.0
- Attivazioni: 20
SMC Alpha Engine is a Smart Money Concepts indicator for MetaTrader 5 designed to identify Order Blocks, Fair Value Gaps, Liquidity Sweeps, and market structure changes directly on the chart.
The indicator focuses on displaying the most recent valid Order Block together with automatically calculated TP and SL levels for simplified chart analysis.
Main Features
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Automatic Order Block detection
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Buy and Sell zone visualization
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Automatic TP and SL calculation
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Fair Value Gap (FVG) detection
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Liquidity Sweep detection
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Break of Structure (BOS) labeling
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Change of Character (CHoCH) labeling
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Alert notifications
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Historical TP/SL display
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Fully configurable settings
Order Block Logic
The indicator scans recent price action to identify bullish and bearish Order Blocks based on market structure and impulsive price movement.
Only the most recent valid unmitigated Order Block is displayed on the chart.
When a new Order Block is detected, previous active zones are replaced automatically.
TP and SL Levels
Each Order Block setup can display:
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Entry level
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TP1 (1R)
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TP2 (2R)
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TP3 (3R)
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Stop Loss level
Risk calculations are based on configurable minimum and maximum pip ranges.
Historical Levels
Previous TP and SL levels can remain visible on the chart for historical analysis and strategy review.
Alerts
The indicator supports:
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Pop-up alerts
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Sound alerts
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Push notifications
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Email alerts
Alert settings can be enabled or disabled individually.
Included Smart Money Concepts Tools
Fair Value Gaps (FVG)
Displays bullish and bearish imbalance zones.
Liquidity Sweeps
Detects potential liquidity grab areas based on recent highs and lows.
BOS and CHoCH
Automatically labels market structure breaks and character changes.
Customization
Users can configure:
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Scan range
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Order Block settings
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FVG settings
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Liquidity settings
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BOS and CHoCH display
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TP/SL visibility
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Alert preferences
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Chart colors and transparency
Supported Markets
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Forex
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Indices
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Commodities
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Cryptocurrency
Supported Timeframes
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M1 through Monthly timeframes
Platform Compatibility
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MetaTrader 5 (MT5)
Important Information
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Market conditions can vary significantly
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No indicator guarantees trading performance
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Users should test settings on a demo account before live trading
Disclaimer
Trading financial markets involves substantial risk. Past performance does not guarantee future results. Users are responsible for their own trading decisions and risk management.
