Smc and PriceAction

SMC PRICEACTION OHLC

This indicator is a comprehensive Smart OHLC + RSI Sentiment + Smart Money Concepts (SMC) analysis tool designed to give traders a clear, structured view of trend direction, institutional price behavior, and momentum strength in one integrated system.

Core Components

RSI Sentiment Engine

• Calculates RSI sentiment on a selectable timeframe to measure market pressure and directional bias.

• Uses historical lookback analysis to identify overbought, oversold, and trend-continuation conditions.

• Acts as a contextual filter to align entries with broader market sentiment.

Smart Money Concepts (SMC) Module

• Detects key institutional structures such as:

  • Order Blocks (OB)

  • Fair Value Gaps (FVG)

  • Breaker Blocks

  • Imbalances

  • Break of Structure (BOS) & Change of Character (CHOCH)

• Swing-based logic ensures BOS/CHOCH and structural shifts are derived from valid market highs and lows.

• Fully customizable visibility and color coding for clean, professional chart presentation.

Smart OHLC Strength Analysis

• Measures candle strength using OHLC price behavior normalized by ATR.

• Smoothing and volatility weighting reduce noise and improve signal quality.

• Supports anti-repaint mode by analyzing closed candles only.

Trend, Entry, and Exit Logic

• Market Bias Detection

  • Multi-timeframe bias confirmation with strength thresholds.

  • Identifies strong, weak, and neutral market zones.

• Breakout & Pullback Validation

  • Strength-based breakout confirmation.

  • Controlled pullback detection within defined strength ranges.

  • Early exit and exhaustion signals based on strength drops.

• MA Cross Filtering

  • Optional EMA cross mode to reinforce trend persistence and reduce false signals.

Visual & Display Features

• Custom OHLC Candle Themes for different trading styles.

• On-chart OHLC Text Display (percentage or full detail) with fast update intervals.

• Directional Arrows for breakout, pullback, and exit signals.

• Data Panel showing key market information with configurable colors and layout.

Alert System

• Integrated alert engine with support for:

  • Popup alerts

  • Sound notifications

  • Push notifications

• Alerts trigger on critical events such as structural breaks, strength thresholds, and signal confirmations.

Purpose & Use Case

This indicator is built for traders who want to combine Smart Money structure, momentum sentiment, and volatility-adjusted price action into a single, reliable framework.
It is suitable for intraday and swing trading, helping traders identify high-probability zones, trend continuations, pullbacks, and potential reversals with clarity and confidence.