Simple Smart Mney Concepts

4.5
This Simple Smart Money Concepts indicator displays real-time market structure (internal & swing BOS / CHoCH), order blocks, premium & discount zones, equal highs & lows, and much more...allowing traders to automatically mark up their charts with widely used price action methodologies.

"Smart Money Concepts" (SMC) is used term amongst price action traders looking to more accurately navigate liquidity & find more optimal points of interest in the market. Trying to determine where institutional market participants have orders placed can be a very reasonable approach to finding more practical entries & exits based on price action.

Key Features

  1. Internal and Swing market structure in real-time:

    • Internal Structures: These elements refer to the price formations and patterns that occur within a smaller scope or a specific trading session. The suite can detect intricate details like minor support/resistance levels or short-term trend reversals.

    • External Structures: These involve larger, more significant market patterns and trends spanning multiple sessions or time frames. This capability helps traders understand overarching market directions.

  2. HH/LH/LL/LH Areas:
    • Identifying Higher Highs (HH), Lower Highs (LH), Lower Lows (LL), and Lower Highs (LH) helps in understanding the trend and market structure, aiding in predictive analysis.

  3. Break of Structure (BOS):
    • This feature identifies points where the price breaks a significant structure, potentially indicating a new trend or a trend reversal.

  4. Change of Character (CHoCH):
    • Detects subtle shifts in the market's behavior, which could suggest the early stages of a trend change before they become apparent to the broader market.

  5. Order Blocks:
    • These are essentially price levels or zones where significant trading activities previously occurred, likely pointing to the positions of smart money.

  6. Equal Highs and Lows
    • Displays EQH/EQL labels on chart for detecting equal highs & lows.

  7. Fair Value Gaps:
    • Fair Value Gaps: A three candle formation where the candle shadows adjacent to the central candle do not overlap, this highlights a gap area.

  8. Previous Highs & Lows:
    • Allows the user to display previous highs & lows from daily, weekly, & monthly timeframes as significant levels.

  9. Premium & Discount Zones as a range:
    • Allows the user to display Premium, Discount, and Equilibrium zones on the chart
  10. EA Integration:
    • Using Global Variables.
    • Update the global variables on every bar close.
    • Always add the lastest price value of the elements as following struct:
      • Order Block Internal Structures 
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_IS_OB_TOP (Lastest Internal OB Top price. Ex: XAUUSD_16385_CMQ_SMC_IS_BULL_OB_TOP )
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_IS_OB_BOTTOM  (Lastest Internal OB Bottom price. Ex: XAUUSD_16385_CMQ_SMC_IS_BULL_OB_BOTTOM )
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_IS_OB_TIME  (Lastest Internal OB Time Created. Ex: XAUUSD_16385_CMQ_SMC_IS_BULL_OB_TIME )
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_IS_OB_TOUCHED_TIME  (Lastest Internal OB First touched time. Ex: XAUUSD_16385_CMQ_SMC_IS_BULL_OB_TOUCHED_TIME)
      • Order Block Swing Structures 
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_SW_OB_TOP (Lastest Swing OB Top price. Ex: XAUUSD_16385_CMQ_SMC_SW_BULL_OB_TOP )
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_SW_OB_BOTTOM  (Lastest Swing OB Bottom price. Ex: XAUUSD_16385_CMQ_SMC_SW_BULL_OB_BOTTOM )
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_SW_OB_TIME  (Lastest Swing OB Time Created. Ex: XAUUSD_16385_CMQ_SMC_SW_BULL_OB_TIME )
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_SW_OB_TOUCHED_TIME  (Lastest Swing OB First touched time. Ex: XAUUSD_16385_CMQ_SMC_SW_BULL_OB_TOUCHED_TIME)
      • Fair value gaps
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_FVG_TOP   (Lastest  FVG Top price. Ex: XAUUSD_16385_CMQ_SMC_BULL_FVG_TOP )
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_FVG_BOTTOM   (Lastest  FVG  Bottom price. Ex: XAUUSD_16385_CMQ_SMC_BULL_FVG_ BOTTOM  )
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_FVG_MID   (Lastest  FVG  Middle price. Ex: XAUUSD_16385_CMQ_SMC_BULL_FVG_MID )
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_FVG_TIME   (Lastest  FVG Time  Created. Ex: XAUUSD_16385_CMQ_SMC_BULL_FVG_TIME )
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_FVG_TOUCHED_TIME  (Lastest  FVG First touched time. Ex: XAUUSD_16385_CMQ_SMC_BULL_FVG_TOUCHED_TIME)
      • BOS/CHOCH  Internal Structures 
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_CHOCH (Lastest CHOCH price. Ex: XAUUSD_16385_CMQ_SMC_BULL_CHOCH)
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_CHOCH_TIME (Lastest CHOCH Time Created. Ex: XAUUSD_16385_CMQ_SMC_BULL_CHOCH_TIME)
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_BOS  (Lastest BOS price. Ex: XAUUSD_16385_CMQ_SMC_BULL_BOS)
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_BOS_TIME  (Lastest BOS Time Created. Ex: XAUUSD_16385_CMQ_SMC_BULL_BOS_TIME)
      • BOS/CHOCH  Swing Structures 
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_SW_CHOCH (Lastest swing CHOCH price. Ex: XAUUSD_16385_CMQ_SMC_SW_BULL_CHOCH)
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_SW_CHOCH_TIME (Lastest swing CHOCH Time Created. Ex: XAUUSD_16385_CMQ_SMC_SW_BULL_CHOCH_TIME)
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_SW_BOS  (Lastest swing BOS price. Ex: XAUUSD_16385_CMQ_SMC_SW_BULL_BOS)
        • (Symbol)_(Period)_(Prefix Global input)_(BULL or BEAR)_SW_BOS_TIME  (Lastest swing BOS Time Created. Ex: XAUUSD_16385_CMQ_SMC_SW_BULL_BOS_TIME)
      • Swing point
        • (Symbol)_(Period)_(Prefix Global input)_HH (Lastest HH price. Ex: XAUUSD_16385_CMQ_SMC_HH)
        • (Symbol)_(Period)_(Prefix Global input)_LH  (Lastest LH price. Ex: XAUUSD_16385_CMQ_SMC_LH)
        • (Symbol)_(Period)_(Prefix Global input)_HL  (Lastest HL price. Ex: XAUUSD_16385_CMQ_SMC_HL)
        • (Symbol)_(Period)_(Prefix Global input)_LL  (Lastest LL price. Ex: XAUUSD_16385_CMQ_SMC_LL)
      • Swing High/Low
        • (Symbol)_(Period)_(Prefix Global input)_SWING_HIGH  (Swing high price. Ex: XAUUSD_16385_CMQ_SMC_SWING_HIGH )
        • (Symbol)_(Period)_(Prefix Global input)_SWING_HIGH_TIME (Swing  high time. Ex: XAUUSD_16385_CMQ_SMC_SWING_HIGH_TIME )
        • (Symbol)_(Period)_(Prefix Global input)_SWING_LOW (Swing low price. Ex: XAUUSD_16385_CMQ_SMC_SWING_LOW )
        • (Symbol)_(Period)_(Prefix Global input)_SWING_LOW_TIME  (Swing low time. Ex: XAUUSD_16385_CMQ_SMC_SWING_LOW_TIME )
      • Previous Highs and Lows
        • (Symbol)_(Period)_(Prefix Global input)_DAILY_HIGH (Daily high price. Ex: XAUUSD_16385_CMQ_SMC_DAILY_HIGH  )
        • (Symbol)_(Period)_(Prefix Global input)_DAILY_LOW (Daily low price. Ex: XAUUSD_16385_CMQ_SMC_DAILY_LOW  )
        • (Symbol)_(Period)_(Prefix Global input)_WEEKLY_HIGH (Weekly high price. Ex: XAUUSD_16385_CMQ_SMC_WEEKLY_HIGH  )
        • (Symbol)_(Period)_(Prefix Global input)_WEEKLY_LOW  (Weekly low price. Ex: XAUUSD_16385_CMQ_SMC_WEEKLY_LOW )
        • (Symbol)_(Period)_(Prefix Global input)_MONTHLY_HIGH  (Monthly high price. Ex: XAUUSD_16385_CMQ_SMC_MONTHLY_HIGH )
        • (Symbol)_(Period)_(Prefix Global input)_MONTHLY_LOW  ( Monthly low price. Ex: XAUUSD_16385_CMQ_SMC_MONTHLY_LOW )
      • Premium, Discount, and Equilibrium Zones
        • (Symbol)_(Period)_(Prefix Global input)_PREMIUM_HIGH (Premium top price. Ex: XAUUSD_16385_CMQ_SMC_PREMIUM_HIGH   )
        • (Symbol)_(Period)_(Prefix Global input)_PREMIUM_LOW (Premium bottom price. Ex: XAUUSD_16385_CMQ_SMC_PREMIUM_LOW  )
        • (Symbol)_(Period)_(Prefix Global input)_DISCOUNT_HIGH (Discount top price. Ex: XAUUSD_16385_CMQ_SMC_DISCOUNT_HIGH  )
        • (Symbol)_(Period)_(Prefix Global input)_DISCOUNT_LOW  (Discount bottom price. Ex: XAUUSD_16385_CMQ_SMC_DISCOUNT_LOW )
        • (Symbol)_(Period)_(Prefix Global input)_EQUILIBRIUM_HIGH  (Equilibrium top price. Ex: XAUUSD_16385_CMQ_SMC_EQUILIBRIUM_HIGH )
        • (Symbol)_(Period)_(Prefix Global input)_EQUILIBRIUM_LOW  (Equilibrium bottom price. Ex: XAUUSD_16385_CMQ_SMC_EQUILIBRIUM_LOW )
      • Equal Highs and Lows
        • (Symbol)_(Period)_(Prefix Global input)_EQH_FIRST (Equal high first price. Ex: XAUUSD_16385_CMQ_SMC_EQH_FIRST)
        • (Symbol)_(Period)_(Prefix Global input)_EQH_SECOND (Equal high second price. Ex: XAUUSD_16385_CMQ_SMC_EQH_SECOND)
        • (Symbol)_(Period)_(Prefix Global input)_EQH_TIME (Equal high time. Ex: XAUUSD_16385_CMQ_SMC_EQH_TIME)
        • (Symbol)_(Period)_(Prefix Global input)_EQL_FIRST  (Equal low first price. Ex: XAUUSD_16385_CMQ_SMC_EQL_FIRST)
        • (Symbol)_(Period)_(Prefix Global input)_EQL_SECOND ( Equal low second price. Ex: XAUUSD_16385_CMQ_SMC_EQL_SECOND)
        • (Symbol)_(Period)_(Prefix Global input)_EQL_TIME  (Equal low time . Ex: XAUUSD_16385_CMQ_SMC_EQL_TIME )

Customizable Features

  • Users can adjust settings like data length, colors, and display styles to match their trading preferences.

Benefits for Traders

  • Saves time on manual analysis, enhancing trading efficiency.
  • Helps make quick and informed decisions during volatile market conditions.
  • Easy to use for both beginners and experienced traders.

Conclusion

The Simple Smart Money Concepts Indicator is not just a tool but a comprehensive solution for traders looking to effectively implement ICT strategies. It’s a robust choice for enhancing market analysis and executing precise trades.

Değerlendirmeler 2
JeanMarc2222
1508
JeanMarc2222 2025.03.15 18:57 
 

I have been using Simple Smart Money Concept for a while now, and I must say it is one of the best SMC-based indicators available on the MQL5 market. The tool is incredibly well-designed and provides traders with a clear and structured way to identify market structure, order blocks, BOS/CHoCH, liquidity zones, and fair value gaps—all crucial elements for Smart Money trading. ✅ Key Features & Strengths: ✔ Accurate Market Structure Detection – The indicator effectively identifies Break of Structure (BOS) and Change of Character (CHoCH), making it easier to follow institutional order flow. ✔ Order Block & Fair Value Gap Mapping – Automatically detects key SMC elements, helping traders focus on high-probability areas. ✔ Liquidity Zones & Institutional Trading Footprints – Highlights where liquidity sweeps, inducements, and stop hunts might occur, allowing for better risk management. ✔ Clear Visuals & Customization Options – The indicator is well-coded, ensuring clean chart visualization without clutter. Traders can customize settings to match their strategy. ✔ Lightweight & Efficient – Unlike many other SMC tools, it runs smoothly without lag, making it perfect for real-time trading. 🔥 Why This Indicator Stands Out: This is not just another order block indicator—it provides a full SMC framework that is essential for understanding how institutional traders operate. The accuracy of its market structure detection makes it an invaluable tool for traders who want to align with smart money movements instead of trading against them. 📌 Suggestions for Future Updates: 🔹 The indicator is already excellent, but adding multi-timeframe confirmations and more advanced liquidity sweep detection (which I believe is in development) would take it to the next level! ⭐ Final Thoughts: If you are serious about Smart Money Concepts trading, this is a must-have tool in your arsenal. Cao has done an amazing job developing this indicator, and I highly recommend it to traders looking to refine their entries and trade like institutions. Highly recommended!

Joseph.mbala
187
Joseph.mbala 2026.01.14 14:27 
 

Fine, but you mentioned about Global Variable, Can you please tell me where the global variables are located or saved to? is there any file? But it is very great App though

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Göstergeler
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Göstergeler
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Göstergeler
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Göstergeler
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Göstergeler
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Cao Minh Quang
Göstergeler
Unicorn Model ICT Indicator — Smart Trading with Precision The   Unicorn Model ICT Indicator   is a powerful and intelligent tool designed for traders who follow   Smart Money Concepts (SMC)   and   Inner Circle Trader (ICT)   methodologies. This indicator simplifies complex price action by visually identifying key market structures and providing high-probability trade setups. Key Features: A Bullish Unicorn Pattern A Lower Low (LL), followed by a Higher High (HH) A Fair Value Gap (FVG), overla
SMC Analyzer Multi Timeframe MT4
Cao Minh Quang
Göstergeler
SMC Analyzer Multi-Timeframe is a powerful tool designed to help traders apply Smart Money Concepts (SMC) across multiple timeframes. This indicator identifies key structural points such as market structure shifts (Break of Structure and Change of Character), order blocks, fair value gaps (FVG), and liquidity zones from higher timeframes and overlays them onto the current chart. By aligning these critical SMC signals across multiple timeframes, traders gain a more comprehensive view of instituti
SMC Analyzer Single Timeframe
Cao Minh Quang
5 (3)
Göstergeler
The SMC Analyzer STF is a powerful, single-timeframe Smart Money Concepts (SMC) analysis tool designed for precision trade confirmations based on core SMC components. It evaluates market structure across four levels of confirmation using elements such as Break of Structure (BOS), Change of Character (CHoCH), Order Blocks (OB), Fair Value Gaps (FVGs), Liquidity Zones, and Higher Timeframe Trend Bias. Each level has configurable elements (BOS, OB, FVG, Liquidity Zones, Higher Timeframe Trend). The
Fibonacci Confluence Toolkit MT4
Cao Minh Quang
Göstergeler
The Fibonacci Confluence Toolkit  is a powerful indicator designed to highlights areas of interest where significant price action or reactions are anticipated, automatically applies Fibonacci retracement levels to outline potential pullback zones, and detects engulfing candle patterns.. This tool automates the detection and visualization of key market structures and potential reversal zones. Key Features: CHoCH Detection (Change of Character): Automatically identifies structural shifts in marke
Supertrend Targets Signal
Cao Minh Quang
Göstergeler
Supertrend Targets Signal is a powerful trend-following and breakout confirmation indicator designed to help traders identify high-probability entry points , visualize dynamic target zones , and receive clean, reliable signals across various market conditions. The core trend logic is built on a custom Supertrend that uses an ATR-based band structure with long smoothing chains—first through a WMA, then an EMA—allowing the trend line to respond to major shifts while ignoring noise. A key addition
Linear Regression Oscillator FX MT4
Cao Minh Quang
Göstergeler
The   Linear Regression Oscillator (LRO)   is a technical indicator based on linear regression analysis, commonly used in financial markets to assess the momentum and direction of price trends. It measures the distance between the current price and the value predicted by a linear regression line, which is essentially the best-fit line over a specified period. Here’s a breakdown of how it works and its components: Key Components of the Linear Regression Oscillator Linear Regression Line (Best-Fit
Order Block Detector MT4
Cao Minh Quang
Göstergeler
Automatically detect bullish or bearish order blocks to optimize your trade entries with our powerful indicator. Ideal for traders following ICT (The Inner Circle Trader). Works with any asset type, including cryptocurrencies, stocks, and forex. Displays order blocks on multiple timeframes, from M2 to W1. Alerts you when an order block is detected, migrated, or a higher timeframe order block is created/migrated. Perfect for both scalping and swing trading in Smart Money Concepts.  Enhanced by st
Fair Value Gaps with Order Block Detector
Cao Minh Quang
Göstergeler
The latest version of Indicator is fully integrated into an all-in-one package, including: Fair Value Gaps (FVG).  Implied Fair Value Gap (IFVG).  OrderBlock (OB).  The options in the settings section are relatively easy to navigate, and you can even use them right away upon activation without encountering difficulties when using the default configuration. The indicator utilizes an algorithm to automatically draw and identify Order Blocks (OB), Fair Value Gaps (FVGs), and Implied Fair Value Gap
Simple ICT Concepts MT4
Cao Minh Quang
Göstergeler
The   Simple  ICT Concepts Indicator   is a powerful tool designed to help traders apply the principles of the   Inner Circle Trader (ICT)   methodology. This indicator focuses on identifying key zones such as liquidity levels, support and resistance, and market structure, making it an invaluable asset for price action and smart money concept traders. Key Features Market Structure : Market structure labels are constructed from price breaking a prior swing point. This allows a user to determine t
Simple Smart Mney Concepts MT4
Cao Minh Quang
Göstergeler
This Simple Smart Money Concepts indicator displays real-time market structure (internal & swing BOS / CHoCH), order blocks, premium & discount zones, equal highs & lows, and much more...allowing traders to automatically mark up their charts with widely used price action methodologies. "Smart Money Concepts" (SMC) is used term amongst price action traders looking to more accurately navigate liquidity & find more optimal points of interest in the market. Trying to determine where institutional
Pure Price Action ICT Tools MT4
Cao Minh Quang
Göstergeler
The Pure Price Action ICT Tools indicator is designed for pure price action analysis, automatically identifying real-time market structures, liquidity levels, order & breaker blocks, and liquidity voids. Its unique feature lies in its exclusive reliance on price patterns, without being constrained by any user-defined inputs, ensuring a robust and objective analysis of market dynamics. Key Features Market Structures A Market Structure Shift, also known as a Change of Character (CHoCH), is a pivot
Multiple Non Linear Regression MT4
Cao Minh Quang
5 (1)
Göstergeler
Multiple Non-Linear Regression MT4 This indicator is designed to perform multiple non-linear regression analysis using four independent variables: close, open, high, and low prices. Here's a components and functionalities: Inputs: Normalization Data Length: Length of data used for normalization. Learning Rate: Rate at which the algorithm learns from errors. Show data points: Show plotting of normalized input data(close, open, high, low) Smooth?: Option to smooth the output. Smooth Length: Lengt
Quasimodo Signal MT4
Cao Minh Quang
Göstergeler
The   Quasimodo Pattern Indicator  is no more difficult than the Head and Shoulders. Still, only a few traders know about it, and some even confuse one with the other. However, this is not a reason to avoid this tool in your forex trading strategy.    Features: Automatic Detection:   The indicator automatically scans for valid QM patterns across any timeframe, reducing the need for manual chart analysis. Visual Highlights:   Clear and customizable on-chart drawing of shoulders, heads, and breako
Fair Value Gaps MTF MT4
Cao Minh Quang
Göstergeler
ICT   Fair Value Gaps  MTF Indicator Unlock the power of   Fair Value Gaps (FVGs)   across multiple timeframes using the   ICT     Fair Value Gaps  Multi - Timeframe Indicator —a precision tool built for traders who follow the   Smart Money Concept (SMC) . Key Features : Multi-Timeframe FVG Detection : Automatically identifies Fair Value Gaps from higher timeframes (M15, H1, H4, etc.) and plots them on your active chart for immediate insight. Break of Structure (BOS) & Change of Character (CHoCH
OrderBlocks MTF MT4
Cao Minh Quang
Göstergeler
Order Block Multi Timeframe The   Order Block Multi Timeframe   is a powerful tool for Smart Money Concept (SMC) traders, combining high-accuracy   Order Block detection   with real-time   Break of Structure (BOS)   and   Change of Character (CHoCH)   analysis across multiple timeframes. Smart Money Insight, Multi-Timeframe Precision This indicator automatically identifies   institutional Order Blocks —key price zones where large players have entered the market—and plots them directly on your ch
Rectangle Trading Custom MT4
Cao Minh Quang
Göstergeler
Rectangle Trading Custom   is a powerful technical analysis tool designed for price action and range-based traders. It allows users to define consolidation zones and receive alerts when the price breaks out of these zones or approaches trendlines drawn on the chart. Rectangles and Trendlines will be extended into future with one click. Rectangle point size, name and prices will be displayed around rectangle. Key Features: Draw Trading Zones (Rectangle Zones) Users can manually draw rectangles t
SMC Analyzer Single Timeframe MT4
Cao Minh Quang
Göstergeler
SMC Analyzer Single-Timeframe (STF) for MT4 The   SMC Analyzer STF  MT4  is a powerful, single-timeframe Smart Money Concepts (SMC) analysis tool designed for precision trade confirmations based on core SMC components. It evaluates market structure across four levels of confirmation using elements such as   Break of Structure (BOS), Change of Character (CHoCH), Order Blocks (OB), Fair Value Gaps (FVGs), Liquidity Zones , and   Higher Timeframe Trend Bias . Each level has configurable elements (
Market Structure Trend Targets MT4
Cao Minh Quang
Göstergeler
The Market Structure Trend Targets   is a powerful trading indicator designed to give traders a clear, structured, and data-driven view of market momentum, breakouts, and key price reaction zones. Built on the principles of   smart market structure analysis , it helps identify not only trend direction, but also   precise breakout levels ,   trend exhaustion , and   potential reversal zones   — all with visual clarity and trader-friendly metrics. Key Features Breakout Points with Numbered Markers
Supertrend Targets Signal MT4
Cao Minh Quang
5 (1)
Göstergeler
Supertrend Targets Signal   is a powerful trend-following and breakout confirmation indicator designed to help traders   identify high-probability entry points ,   visualize dynamic target zones , and   receive clean, reliable signals   across various market conditions. The core trend logic is built on a custom Supertrend that uses an ATR-based band structure with long smoothing chains—first through a WMA, then an EMA—allowing the trend line to respond to major shifts while ignoring noise. A key
MACD with FVG Signal for MT4
Cao Minh Quang
Göstergeler
The   MACD-FVG Signal System   is a hybrid trading indicator that combines the power of momentum analysis through the   MACD (Moving Average Convergence Divergence)   with the precision of   Fair Value Gap (FVG)   detection to generate high-probability buy and sell signals. This indicator enhances traditional MACD signals by validating momentum shifts with market inefficiencies, offering traders a more refined entry strategy. Key Features: MACD with Histogram Display Clearly visualizes the MAC
RSI Divergence with FVG Signal MT4
Cao Minh Quang
Göstergeler
The   RSI Divergence + FVG Signal   indicator combines   Relative Strength Index (RSI) Divergence   with   Fair Value Gap (FVG)   detection to generate high-probability buy and sell signals based on both momentum shifts and institutional imbalance zones. Core Features: RSI Divergence Detection : Identifies both regular and hidden bullish/bearish divergences between price and RSI. Divergences indicate potential trend reversals or continuation. FVG Zone Recognition : Detects Fair Value Gaps (imbal
Filtrele:
Joseph.mbala
187
Joseph.mbala 2026.01.14 14:27 
 

Fine, but you mentioned about Global Variable, Can you please tell me where the global variables are located or saved to? is there any file? But it is very great App though

Cao Minh Quang
96724
Geliştiriciden yanıt Cao Minh Quang 2026.01.14 15:49
Thanks! Global Variables are used when you import indicators into an EA. Use the GlobalVariableGet function, as shown in the link below, to read the Variable Names as described in my introduction.
www.mql5.com/en/docs/globals/globalvariableget
JeanMarc2222
1508
JeanMarc2222 2025.03.15 18:57 
 

I have been using Simple Smart Money Concept for a while now, and I must say it is one of the best SMC-based indicators available on the MQL5 market. The tool is incredibly well-designed and provides traders with a clear and structured way to identify market structure, order blocks, BOS/CHoCH, liquidity zones, and fair value gaps—all crucial elements for Smart Money trading. ✅ Key Features & Strengths: ✔ Accurate Market Structure Detection – The indicator effectively identifies Break of Structure (BOS) and Change of Character (CHoCH), making it easier to follow institutional order flow. ✔ Order Block & Fair Value Gap Mapping – Automatically detects key SMC elements, helping traders focus on high-probability areas. ✔ Liquidity Zones & Institutional Trading Footprints – Highlights where liquidity sweeps, inducements, and stop hunts might occur, allowing for better risk management. ✔ Clear Visuals & Customization Options – The indicator is well-coded, ensuring clean chart visualization without clutter. Traders can customize settings to match their strategy. ✔ Lightweight & Efficient – Unlike many other SMC tools, it runs smoothly without lag, making it perfect for real-time trading. 🔥 Why This Indicator Stands Out: This is not just another order block indicator—it provides a full SMC framework that is essential for understanding how institutional traders operate. The accuracy of its market structure detection makes it an invaluable tool for traders who want to align with smart money movements instead of trading against them. 📌 Suggestions for Future Updates: 🔹 The indicator is already excellent, but adding multi-timeframe confirmations and more advanced liquidity sweep detection (which I believe is in development) would take it to the next level! ⭐ Final Thoughts: If you are serious about Smart Money Concepts trading, this is a must-have tool in your arsenal. Cao has done an amazing job developing this indicator, and I highly recommend it to traders looking to refine their entries and trade like institutions. Highly recommended!

Cao Minh Quang
96724
Geliştiriciden yanıt Cao Minh Quang 2025.03.16 00:22
Thank bro!
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