Smart Money Concepts [MHA Finverse]

A comprehensive Smart Money Concepts (SMC) indicator designed to identify institutional trading behavior and market structure shifts. This tool helps traders align with "smart money" by detecting key supply and demand zones, structural breaks, and liquidity patterns.

Core Features


Market Structure Analysis

- Real-time Internal Structure: Detects short-term BOS (Break of Structure) and CHoCH (Change of Character) with customizable filters
- Swing Structure: Identifies major trend shifts and structural breaks on higher timeframes
- Adjustable pivot detection with customizable swing point visualization
- Strong/Weak High/Low identification for bias confirmation

Order Blocks (OB)

- Internal and Swing Order Blocks with independent control
- Volume-based metrics showing OB strength and percentage contribution
- Two filtering methods: ATR-based and Cumulative Mean Range
- Flexible mitigation options (Close or High/Low)
- Display up to 20 order blocks per type with auto-cleanup on mitigation
- Color-coded zones with transparency control

Liquidity Detection

- Equal Highs (EQH) and Equal Lows (EQL) identification
- Threshold-based detection using ATR calculation
- Visual confirmation lines connecting equal levels
- Adjustable sensitivity and bar confirmation settings

Fair Value Gaps (FVG)

- Multi-timeframe FVG detection
- Auto-threshold calculation based on price momentum
- Bullish and Bearish gap visualization
- Extendable gap boxes for tracking unfilled imbalances

Premium & Discount Zones

- Automated premium, equilibrium, and discount zone plotting
- Based on current swing range extremes
- Visual representation of optimal entry zones
- Helps identify potential reversal and continuation areas

Multi-Timeframe Levels
- Previous Daily, Weekly, and Monthly High/Low levels
- Customizable line styles (solid, dashed, dotted)
- Independent color controls for each timeframe
- Auto-adjusted labels (PDH, PDL, PWH, PWL, PMH, PML)

Display Modes
- Historical Mode: Shows all past structures and maintains drawing history
- Present Mode: Displays only current active structures for cleaner charts

Visual Themes
- Colored: Full color customization for all elements
- Monochrome: Clean grey-scale design for minimal distraction

Smart Features

- Confluence filter for internal structure to reduce noise
- Automatic candle coloring based on market bias
- 16 pre-configured alert conditions for all major signals
- Efficient rendering with automatic cleanup of broken structures
- Independent control over each feature for modular usage

Use Cases

- Identify institutional entry and exit points through order blocks
- Spot potential reversals at premium/discount zones
- Confirm trend direction with BOS and CHoCH signals
- Find liquidity grabs at equal highs and lows
- Trade imbalances at fair value gaps
- Align entries with multi-timeframe key levels

Settings Organization

All features are neatly organized into logical groups:
- Smart Money Concepts (general settings)
- Real Time Internal Structure
- Real Time Swing Structure
- Order Blocks
- EQH/EQL
- Fair Value Gaps
- Highs & Lows MTF
- Premium & Discount Zones

Note: This indicator works on all timeframes and instruments. For optimal results, combine multiple SMC concepts together to find high-probability setups with confluence.

Credits
Special thanks to Dau_tu_hieu_goc and BigBeluga for their code examples and inspiration that contributed to the development of this indicator.

Disclaimer
This indicator is for educational purposes only and does not constitute financial advice. Trading involves substantial risk of loss. Past performance does not guarantee future results. Always use proper risk management and conduct your own analysis before making trading decisions. The developer is not responsible for any trading losses incurred.

Happy Trading