SMC indicator for ICT All in One
- Göstergeler
- Zheng Chen Liang
- Sürüm: 2.0
- Etkinleştirmeler: 10
The is the all-in-one indicator of smart money concept (SMC) for inner circle traders (ICT), working correctly on any symbol in any period.
Its execution algorithms and speed are optimized.
* The user is considered to have the basic knowledge of the so-called interbank price delivery algorithm (IPDA) in forex markets, including:
- Liquidity a.k.a. human nature: identification and measurement;
- Four fundamental market phases: consolidation, expansion, retracement, reversal;
- Three intraday sessions: Asian, London, New York;
- Three price movements: accumulation, manipulation, distribution;
* This indicator is designed for those who do not want to draw the ICT things by hand every time when opening a new chart in a period.
* The SMC structures in this indicator:
- Multilevel swing highs and lows in fractal structure, shown by green & gold solid lines, dash lines, and dash-dot lines;
- Swing trend: break of structure (BOS), change of character (CHoCH), market structure shift (MSS), shown by the offense (light blue) - defense (pink) - truce (purple) triple-state lines of the price upper branch (UP) and the price lower branch (LP);
- Unilateral market: following the pink stairs of defense, trending towards the light blue line of offense;
- Consolidation interval: grid of of the interval high & interval low lines (solid), the balance line (dash-dot) differing the premium and discount ranges, the cashout line (dot) ending the interval, in either orange (interval reached from uptrend) or bluish green (from downtrend).
- Bullish and bearish disposable fair value gaps (FVG);
- Bullish and bearish disposable order blocks (OB);
- Liquidity pools (LP) or prices of interest (POI) identified by important highs and lows exposed in the 2nd-level and the above level swings, shown by either purple & dark blue (inactive, liquidity not grabbed) or bright pink & light blue (active, liquidity grabbing) rectangles on the right panel;
* The candle unit i.e. 240-candle MA of (high - low) is shown by the small violet bar.
* The default color scheme:
- Long trend or demand in red & gold colors;
- Short trend or supply in cyan & green colors;
* If the user wants to customize the color scheme or else parameters please contact the author for the code.
