Trinity SMC Range Trading: Sweep + Retest Signals

The Trinity SMC Range Trading indicator is a multi-timeframe tool designed to identify liquidity sweeps, structure breaks, and retest entry signals within defined price ranges. It allows traders to visualize higher-timeframe supply and demand zones while executing trades on lower timeframes with precise labels for break-of-structure (BR) and retest (RT) events.

Usage

The indicator is optimized for a multi-timeframe approach. Users should set the Range Timeframe to a higher period (e.g., 1H or 4H) while viewing the chart on a lower period (e.g., 5m or 15m). This provides a clear view of liquidity sweeps beyond the range extremes.

• Entry Signals (RT): Look for "RT LONG" or "RT SHORT" labels. These appear after a liquidity sweep and a subsequent Break of Structure (BR), indicating a high-probability retest of the broken level.
• Targeting: The blue mid-range line serves as the primary profit target. If "Multiple Targets" are enabled, specific percentage-based target levels will appear.
• Structure Confirmation: Use the optional CHOCH (Change of Character) labels to identify when the overall market direction has flipped, providing further conviction for trend-reversal trades.

Details

The script functions by calculating a price range based on a user-defined lookback period on a higher timeframe. It identifies "sweeps" when price wicks outside these boundaries but closes back within. The logic incorporates several advanced SMC concepts:

• Break of Structure (BOS/BR): Detected when price breaks recent swing points identified by pivot sensitivity.
• Volume Confirmation: Filters signals by requiring a volume surge relative to the 20-period SMA.
• FVG & Breaker Blocks: Incorporates Fair Value Gaps and Breaker Blocks as additional confluence layers for retest validity.

Settings

Range & Sensitivity

• Range Timeframe: Sets the higher timeframe used to define the high/low range.
• Recent Range Lookback: The number of higher-timeframe bars used to calculate the range.
• Pivot Left/Right Bars: Determines the sensitivity for detecting swing highs and lows.
• Retest Zone (%): Sets the distance from a key level within which a price touch is considered a valid retest.

Filters & Confirmation

• Enable Mid-Range Retest Signals: Generates signals when price retests the mid-line after a breakout.
• Use Volume Confirmation: Filters signals based on a volume surge multiplier.
• Use FVG (Fair Value Gap): Requires a Fair Value Gap retest for signal validation.
• Use Breaker Blocks: Incorporates breaker block levels into the signal logic.

Visuals & Alerts

• Show BR / RT Labels: Toggles the visibility of Break and Retest entry labels.
• Show Change of Character (CHOCH): Displays labels when market structure direction flips.
• Show Dashboard: Enables an on-screen display of the current active setup status.
• Enable Alerts: Activates the ability to create alerts for RT LONG and RT SHORT signals.

FAQ

How do I access Trinity SMC Range Trading?

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

Which timeframes work best?

For scalping, a 30-minute range on a 5-minute chart is recommended. For intraday swing trading, a 4-hour range on a 15-minute chart is typically preferred.

Does the indicator repaint?

The final RT signals are designed to be non-repainting once the candle closes, though traders should always wait for the candle close to confirm the signal.