Smart Money Concepts Pro – OB, FVG, Liquidity + Trade Setups

The Smart Money Concepts Pro – OB, FVG, Liquidity + Trade Setups indicator is a comprehensive toolkit designed to identify institutional market structures and supply/demand imbalances. It provides traders with automated detection of key Smart Money Concepts (SMC) such as Order Blocks, Fair Value Gaps, and Liquidity Pools to highlight high-probability trade setups.

Usage

The indicator can be used to establish market bias and identify precise entry zones based on institutional order flow.

• Market Bias: Use the automated Break of Structure (BOS) and higher timeframe (HTF) data to determine the overall trend direction.
• Zone Identification: Monitor the chart for unmitigated Order Blocks (OB) and Fair Value Gaps (FVG). These areas represent potential points of interest (POI) where institutional activity is concentrated.
• Trade Setups: When price returns to a valid zone, the indicator can generate visual trade plans including entry, stop-loss, and take-profit levels based on a customizable risk-to-reward ratio.
• Liquidity Tracking: Identify Equal Highs (EQH) and Equal Lows (EQL) to spot liquidity pools where stop-runs are likely to occur before a reversal.

Details

This tool implements several advanced logic layers to keep charts clean and relevant:

• Mitigation Tracking: Zones automatically change appearance or stop extending once they have been "mitigated" (touched by price).
• Time-to-Live (TTL): To prevent chart clutter, users can set a bar-based lifetime for zones, after which they are removed.
• Size Filtering: The script uses ATR-based filters to ensure only significant OBs and FVGs are plotted, filtering out minor market noise.
• Zone Merging: Overlapping Order Blocks of the same type can be merged to present a single, more significant zone.

Settings

Core

• Swing Length: Sets the pivot lookback period for structure and zone detection.
• Body Lookback: Determines how many bars to look back for the candle body that forms an Order Block.
• Min OB/FVG Size (x ATR): Filters out zones that do not meet a minimum size threshold relative to market volatility.

Display

• OB/FVG TTL: The number of bars a zone remains visible before being deleted.
• Extend zones to live bar: When enabled, unmitigated zones will continuously extend to the most recent candle.
• Max box width: The fixed width of zones if "Extend to live bar" is disabled.

Filters & HTF

• Filter by trend: When enabled, the indicator only displays bullish zones in uptrends and bearish zones in downtrends.
• Use HTF data: Allows the script to calculate zones based on a higher timeframe (e.g., 4H or Daily) while viewing a lower timeframe chart.

Setups

• Show Setups: Enables the automated entry/SL/TP visual projections.
• TP Risk Reward: Sets the target multiplier for the automated take-profit level.

FAQ

How do I use the Smart Money Concepts Pro – OB, FVG, Liquidity + Trade Setups?

Identify the trend via BOS, wait for a retracement into a highlighted OB or FVG zone, and look for the automated setup icons to confirm an entry.

Can I use this for scalping and swing trading?

Yes, the indicator is fully adjustable; you can use lower "Swing Length" settings for scalping or enable "HTF data" for swing trading analysis.

How can I access this indicator?

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