PRO SMC Full Suite

The PRO SMC Full Suite indicator provides a comprehensive toolkit for analyzing market structure through the lens of Smart Money Concepts (SMC), automatically detecting institutional order blocks, liquidity sweeps, and price imbalances. This tool is designed to assist traders in identifying high-probability entry zones by visualizing the interplay between structural breaks and institutional footprints.

Usage

The indicator can be used to identify key areas of interest and potential trend reversals based on institutional behavior.

• Order Blocks (OB): Use identified OB zones to anticipate areas where institutional buying or selling occurred. Users can choose between current timeframe OBs for intraday precision or Higher Timeframe (HTF) OBs for broader trend context.
• Fair Value Gaps (FVG): These zones highlight price imbalances. Traders often look for price to return to these gaps to "fill" the liquidity void before continuing in the original direction.
• Break of Structure (BoS): The script automatically marks when price closes above or below recent swing points, signaling a potential shift or continuation in market trend.
• Liquidity Sweeps: The tool identifies equal highs and lows and signals "Stop Loss Hunts" (Buy/Sell SL). These often precede significant reversals as liquidity is cleared from the market.
• Mitigation Entries: Signals appear when price retraces into an Order Block and shows signs of reaction, providing a confirmed entry point.

Details

The script utilizes a pivot-based logic to identify swing highs and lows over a 3-bar pattern. A Break of Structure is confirmed when a candle closes beyond these established swing points.

• OB Construction: Upon a BoS, the script identifies the prior candle as the Order Block. In HTF mode, the script requests data from a user-defined higher timeframe to identify more significant institutional zones.
• Mitigation Logic: Mitigation is defined by price action interacting with the OB zone. A bullish mitigation occurs when price dips into the OB and closes above it, while a bearish mitigation occurs when price wicks into the zone and closes below.
• Liquidity Logic: Equal highs and lows represent pools of liquidity. A sweep is detected when price briefly moves beyond these levels before closing back within the range, suggesting a liquidity grab.

Settings

• Show Fair Value Gaps: Toggles the visibility of price imbalance boxes.
• Higher Timeframe for OBs: Sets the specific timeframe used for calculating HTF Order Blocks.
• Use HTF Order Blocks: Switches the OB detection logic from the current chart timeframe to the specified HTF.
• Show Order Blocks: Toggles the display of OB zones on the chart.
• Show OB Mitigation Entries: Enables or disables the "OB Buy" and "OB Sell" labels.

FAQ

How do I use the Higher Timeframe (HTF) settings?

You can set the HTF input to a higher periodicity (e.g., "60" for 1-hour) and toggle "Use HTF Order Blocks" to see major institutional zones projected onto your current lower-timeframe chart.

What do the triangles on the chart represent?

The triangles represent liquidity sweeps (Stop Loss hunts). A triangle pointing up below a bar indicates a bullish liquidity grab, while a triangle pointing down above a bar indicates a bearish liquidity grab.

How can I get access to this tool?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.