OPEN-SOURCE SCRIPT
Clean SMC: Filtered OB + FVG
Fair Value Gaps (FVG): This identifies price imbalances (gaps between the wick of candle 1 and candle 3). They appear as small, light-colored rectangles.
* Order Blocks (OB): This marks "Smart Money" candles that precede a strong impulse. These areas are extended to the right because they often act as future support or resistance.
* Signals (BUY/SELL): The indicator displays a signal when it detects a confluence (for example, a bullish OB appearing right after an FVG).
Some friendly trading tips:
* Timeframe: This indicator works best on higher timeframes (15m, 1h, 4h) to avoid market "noise."
* Confirmation: Don't take a "BUY" signal alone. Check if the overall trend (on a higher timeframe) is also bullish.
* Risk management: Always place your Stop Loss just below the identified Order Block.
Would you like me to add a specific feature, such as a notification on your phone or a trend filter (moving average) to refine the signals?
* Order Blocks (OB): This marks "Smart Money" candles that precede a strong impulse. These areas are extended to the right because they often act as future support or resistance.
* Signals (BUY/SELL): The indicator displays a signal when it detects a confluence (for example, a bullish OB appearing right after an FVG).
Some friendly trading tips:
* Timeframe: This indicator works best on higher timeframes (15m, 1h, 4h) to avoid market "noise."
* Confirmation: Don't take a "BUY" signal alone. Check if the overall trend (on a higher timeframe) is also bullish.
* Risk management: Always place your Stop Loss just below the identified Order Block.
Would you like me to add a specific feature, such as a notification on your phone or a trend filter (moving average) to refine the signals?
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.