SMC Pro BTC - ICT Order Blocks & FVG

The SMC Pro BTC - ICT Order Blocks & FVG indicator is a multi-timeframe tool designed specifically for Bitcoin to identify institutional order flow imbalances. It integrates core Smart Money Concepts (SMC) including Order Blocks, Fair Value Gaps (FVG), and liquidity sweeps to highlight high-probability entry zones based on structural confluence.

Usage

This tool operates across three timeframes to establish a cohesive trading bias. It uses a Higher Timeframe (HTF) for directional bias, a Mid-Timeframe (MTF) for confirmation, and the chart timeframe for execution.

The indicator features two primary strategy modes:

• Aggressive Mode: Focuses on capturing trending moves by entering on any valid Break of Structure (BOS) or Change of Character (CHoCH) confirmed by an Order Block and FVG.
• Selective Mode: Incorporates a Premium/Discount zone filter. It restricts long entries to the discount zone and short entries to the premium zone of the HTF range, prioritizing precision and capital preservation.

Details

The script follows a rigorous non-repainting logic where signals are only confirmed upon the close of a bar. The execution sequence for a long entry requires:

1. Bullish HTF structural bias.
2. Bullish MTF confirmation.
3. Identification of a valid Order Block (the last bearish candle before an impulsive move).
4. Overlap with a Fair Value Gap.
5. A recent liquidity sweep (price dipping below a prior swing low to capture stops).
6. (Optional) Price positioning within the Discount zone.

Settings

Strategy Mode

• Strategy Mode: Toggle between Aggressive (high frequency) and Selective (high precision) execution logic.

Multi-Timeframe

• Direction TF (HTF): Sets the timeframe for the primary trend direction (default is 4H).
• Confirmation TF (MTF): Sets the timeframe for mid-term structural alignment (default is 1H).

Structure Detection

• Swing Length: Determines the sensitivity of pivot high/low detection.
• OB Lookback Bars: The window used to identify the Order Block candle after a structural break.
• Sweep Memory: The lookback period (in bars) required for a valid liquidity sweep to be considered current.

Risk Management

• Risk:Reward Ratio: Sets the target take-profit distance relative to the stop-loss.
• SL Buffer (%): Adds a percentage-based margin to the stop-loss to account for market volatility.
• P/D Zone Threshold: Adjusts the depth required into the premium or discount zones for Selective mode.

FAQ

• How do I access the SMC Pro BTC - ICT Order Blocks & FVG? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.
• Does this indicator repaint? No, the script enforces "barstate.isconfirmed" on all calculations to ensure signals do not change once a candle has closed.
• Can I use this on assets other than Bitcoin? While optimized for BTC/USDT on the 4H timeframe, the structural logic applies to other liquid markets, though settings may require adjustment for different volatility profiles.