Insitutional indicator mt5
- Indicatori
- Versione: 2.0
- Attivazioni: 15
What the indicator contains
5 built-in modules:
🟩 Order Blocks — Automatically detects candles before a strong impulse move (bullish or bearish), displays them as colored rectangles with a strength label and active/mixed status.
🟦🟧 Supply & Demand Zones — Identifies significant swing highs/lows and plots institutional zones with "SUPPORT" / "DEMAND" labels.
📊 Break of Structure & ChoCH — Break of structure lines (BoS↑/BoS↓) and changes in character (ChoCH) with configurable labels. ChoCH = the strongest reversal signal.
🟨 Fair Value Gaps (FVG) — Detects 3-candle imbalances (gaps between high [i-1] and low [i+1]), automatically masks filled FVGs. 📏 Key levels — PDH/PDL (Previous Day) and PWH/PWL (Previous Week) in horizontal lines.
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Overview
The indicator SmartMoneyConcepts.mq5 integrates the main tools of institutional traders directly into MetaTrader 5. It combines:
Order Blocks (Order Blocks) — Institutional accumulation zones
Offer & Demand Areas — Supply & Demand zones
Break of Structure (BoS) — Market structure disruptions
Change of Character (ChoCH) — Major trend changes
Fair Value Gaps (FVG) — Price imbalances
PDH/PDL/PWH/PWL levels — Key temporal references
After purchase, feel free to contact me via MQL5 messaging if you need assistance.
