Premium version
Last updated
Last updated
You can access the premium version of the indicator on our website.
The premium version of the Smart Money Concept indicator includes all the features of the free version but offers the following additional capabilities:
Period โ Defines the number of bars used to identify key structural points on the chart. A higher value results in the identification of more significant structural levels.
Short-term Structure Point โ Enables the display of short-term structure points formed by minor price movements. These levels are useful for intraday traders.
Intermediate-term Structure Point โ Enables the display of intermediate-term structure points, which are formed based on larger price swings. Suitable for swing traders.
Long-term Structure Point โ Enables the display of long-term structure points, formed by significant price movements. Important for position trading.
Extend Lines โ When enabled, structure lines will automatically extend to the right until the price breaks them. This helps in better tracking of support and resistance levels.
Thanks to the improved logic of structural points, adjusting their scale allows you to display CHoCH, BOS, OB, and other setups in a more aggregated manner. This provides a more comprehensive view of the chart, even without switching to a higher timeframe.
Order Block Last Candle (OBlc) differs from a regular Order Block by considering only the last candle before a reversal or impulsive move. While a classic Order Block analyzes the entire consolidation zone before the movement, OBlc focuses on the final candle, making it more precise for entries.
Mitigation Block (MB) โ is an order block where a low/high was broken, but liquidity from the previous extreme was not taken.
Breaker Block (BB) โ is a price reversal, representing an order block that was broken by an impulsive price move after liquidity was taken.
Candle Range Theory Pattern โ a pattern that forms when the second candle first grabs liquidity on one side (with an upper or lower wick) and then the next candle closes beyond the opposite boundary of the range, indicating strong movement in a new direction.