SMC Buy Sell Indicator

Smart Money Structure • Confirmed Signals

SMC Buy Sell Indicator is a price action–based trading tool designed to identify market structure using Smart Money Concepts (SMC). It focuses on detecting meaningful swing points, structural breaks, and confirmed Buy/Sell signals directly from chart data.

All calculations are based on closed candles, ensuring stable and consistent signals without repainting.

Core Concept

The indicator analyzes price structure to identify:

• Key swing highs and swing lows
• Valid structural movements
• Confirmed Break of Structure (BOS) events

Only significant price movements are considered, while minor fluctuations are filtered to improve clarity.

Market Structure Detection

• Detects swing highs and lows using configurable sensitivity
• Applies spacing rules to reduce noise
• Identifies structure as:
  • Higher High (HH)
  • Lower Low (LL)

This simplified structure helps traders quickly understand market direction.

Wick-Based Filtering

• Evaluates wick size relative to candle body
• Filters weak or insignificant price movements
• Improves accuracy of swing detection

Break of Structure (BOS)

Structure breaks are confirmed using candle close conditions:

• Bullish BOS: price closes above previous high
• Bearish BOS: price closes below previous low

This ensures signals are based on confirmed price action rather than temporary spikes.

Buy & Sell Signals

Optional signal generation based on:

• Break of Structure (BOS)
• Market structure (HH / LL)
• Signals are generated only after candle close
• Non-repainting behavior ensures signals remain fixed
• Arrows are displayed directly on the chart with customizable size and color

Non-Repainting Logic

• Uses only closed candle data
• Updates only when a new bar forms
• Prevents signal shifting or repainting

Visual Elements

• Structure labels (Buy / Sell) positioned near price
• Optional structure lines extending forward
• Signal arrows with adjustable appearance

All visual components can be enabled or disabled.

Customization

Flexible settings allow full control:

• Swing sensitivity
• Minimum spacing between structure points
• Lookback period
• Enable/disable structure labels and lines
• Signal activation and confirmation type
• Arrow size and color

How It Works

• Scans historical candles within a defined range
• Detects valid swing highs and lows using price and wick validation
• Labels structure based on previous levels
• Confirms Break of Structure using candle close
• Generates signals when conditions are met
• Displays results directly on the chart

Key Advantages

• Structure-based analysis using SMC principles
• Non-repainting and stable signals
• Reduced noise through filtering logic
• Clear and customizable visualization
• Adaptable to different symbols and timeframes

Notes

• This indicator is for analysis purposes and does not execute trades
• Signal frequency depends on market conditions and settings
• Can be used on any symbol and timeframe

Important Information

Trading involves risk, and losses are possible.
This indicator does not guarantee profits.

Users are responsible for their own trading decisions and should test the indicator on a demo account before live use.

Conclusion

SMC Buy Sell Indicator provides a structured and reliable approach to market analysis using confirmed price action and Smart Money Concepts. It is designed for traders who want clear structure identification and stable signal generation without unnecessary complexity.