Smart Money Concepts (SMC)
By LuxAlgoOct 11, 2022
Smart Money Concepts (SMC) hand-labels nothing and automates everything: internal and swing market structure, break of structure (BOS) and change of character events, bullish and bearish order blocks, equal highs and lows, fair value gaps, multi-timeframe highs and lows, and premium/discount zones. The whole markup draws in real time, a complete map for traders who read price through structure and liquidity.
How to Trade the Smart Money Concepts (SMC)?
- BOS labels: structure breaking with the trend, continuation of the current direction.
- CHoCH labels: structure breaking against the trend, the first warning of a potential reversal.
- Internal vs swing structure: dashed internal labels track the fast rhythm inside the larger moves marked by solid swing lines.
- Order blocks: zones where institutional activity may rest: confirmation entries or liquidity targets, updating as price interacts with them.
- EQH/EQL and premium/discount zones: equal highs and lows flag potential reversals; the range-based zones show whether price is expensive or cheap.
A Confluence Filter strips insignificant internal breaks so the faster layer stays readable.
Smart Money Concepts (SMC) Settings
- Mode (default Historical): full history or present-only markup.
- Style (default Colored) with Color Candles: monochrome option; candles synced to structure.
- Internal Structure / Swing Structure / Swing Points: toggle each label layer, including HH, HL, LH, LL.
- Internal Order Blocks / Swing Order Blocks: how many recent blocks of each type stay visible.
- Equal Highs & Lows with Bars Confirmation: EQH/EQL detection and its confirmation bars.
- Fair Value Gaps with Auto Threshold, Timeframe, and Extend FVG: imbalance detection, filtering, and extension.
- Highs & Lows MTF and Premium/Discount Zones: prior levels by timeframe and the value zones.
Frequently Asked Questions
Free on Vela
Run it on Vela. Go further with a paid plan.
- Up to 500 strategy alerts, with webhook automation
- Up to 10× the chart history of Free
- Orderflow lookback up to full history
- Up to 100,000 monthly credits for Quant to customize it
- Futures data alongside crypto, stocks, forex and commodities
Also on other platforms
Get free access to this indicator elsewhere.
Run it on Vela. Make it yours with Quant.
Open this indicator free on Vela, our next-generation charting platform. Then ask Quant, our coding agent built into Vela, to retune it or turn it into a backtested strategy of your own.

