Smart Money Concept Major OB + FVG + Liquidity

The Smart Money Concept [TradingFinder] Major OB + FVG + Liquidity indicator provides an all-in-one suite for Price Action traders to identify institutional footprints including order blocks, fair value gaps, and liquidity zones.

Usage

The tool is designed to identify high-probability reversal and trend continuation zones based on Smart Money Concepts (SMC).

• Market Structure: Automatically detects "Change of Character" (ChoCh) for trend reversals and "Break of Structure" (BoS) for trend continuations.
• Order Blocks (OB): Identifies Supply and Demand zones. Users can utilize the "Refinement" feature to toggle between "Aggressive" (wider zones) or "Defensive" (narrower, high R:R zones) modes.
• Fair Value Gaps (FVG): Highlights price imbalances. These can act as magnets for price or immediate support/resistance. The indicator includes a multi-level filter (Aggressive to Very Defensive) to isolate the most significant gaps.
• Liquidity Detection: Scans for Trend Lines, Double/Triple Tops/Bottoms, and Support/Resistance levels where stop-loss clusters are likely to reside.
• Premium & Discount: Helps traders identify if the price is in an expensive (Premium) or cheap (Discount) zone relative to the recent range.

Details

This script automates the complex identification of SMC elements. It categorizes Order Blocks based on their origin (ChoCh or BoS) and provides "Refinement" logic to adjust the zone boundaries based on price action within the block. The FVG logic includes a sophisticated filtering system that checks candle body-to-wick ratios and directional alignment to ensure only high-quality imbalances are displayed. Liquidity detection uses sensitivity parameters to find "static" (horizontal) and "dynamic" (trendline) levels where market makers often drive price to seek liquidity.

Settings

Logic Parameters

• Pivot Period of Order Blocks Detector: Sets the zigzag period used for identifying structural pivots.
• Order Blocks Validity Period (Bar): Determines how many bars an Order Block remains active before being removed.

Order Blocks Display & Refinement

• Demand/Supply Zones: Toggle visibility and colors for Main, Sub, and BoS-origin zones.
• Refine Modes: Choose between "Defensive" or "Aggressive" refinement for each specific zone type.

FVG & Liquidity

• Show Demand/Supply FVG: Toggles the visibility of Fair Value Gaps.
• FVG Filter: Selects the filtering intensity (Very Aggressive to Very Defensive).
• Liquidity Lines: Toggle switches for Static/Dynamic High and Low liquidity levels.
• Sensitivity: Adjusts the detection threshold for liquidity zones.

Alerts

• Message Frequency: Configures alerts to trigger "Once Per Bar", "Once Per Bar Close", or every time.
• Mitigation Alerts: Specific toggles for alerts when price enters Supply or Demand zones.

FAQ

How do I access the Smart Money Concept [TradingFinder] Major OB + FVG + Liquidity? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

What is the difference between ChoCh and BoS? ChoCh (Change of Character) signals the initial shift in trend direction, while BoS (Break of Structure) confirms the continuation of the current trend.

What does "Refining" an Order Block do? Refinement narrows the price range of an Order Block to specific candle parts (like the wick or body) to provide a tighter entry and better risk-to-reward ratio.