⚙️Smart Money Concept
Order Block
The first option is for Order Blocks. To activate it, simply check the box in front. You can categorize it as Internal or External, with the default being set to ALL.
Next, you can choose the timezone. The default is set to the timezone used on the chart.
The Mitigation Method offers options like Touch, Wicks, Close, and Average. Additionally, you can choose whether to Hide Overlap Order Blocks.
Max OBs allows you to select how many order blocks to leave on the chart. You can also adjust their length to extend further to the right, or choose to extend them all the way to the right edge of the chart.
The size of the messages can be adjusted according to your preference. You can also choose whether to display the trading volume and the percentage difference between long and short positions in this section.
You can also adjust whether to display the middle line and the style of the lines in this section.
MTF Order Block
The MTF (Multi-Time Frame) Order Block feature allows users to add an Order Block from a different time frame.
Market Structure
Market Structure
This is the switch and color setting for market structure, which can be categorized as Internal or External. The default setting is ALL.
Equal High & Low
This is the setting for Equal High & Low. You can adjust the colors, and the threshold value can also be modified as needed.
Swing Point
This refers to the Swing Point setting, which displays HH (Higher High), LL (Lower Low), HL (Higher Low), and LH (Lower High). The sensitivity and size of these points can be adjusted.
Fair Value Gap (FVG)
This section is for the FVG (Fair Value Gap) setting. You can enable FVG in the first column and choose a preferred color.
The timezone can also be selected manually, or you can choose to use the timezone set on the chart.
Here, you can adjust the detection sensitivity of the FVG and choose whether to filter out FVGs that are too small.
In the Mitigation Method, you can choose from options like Touch, Wicks, Close, or Average, and also decide whether to fill in colors.
Max FVG allows you to choose how many FVGs to display on the chart, as well as the length of their extension to the right, and whether they should extend to the right at all.
Liquidity Levels
Liquidity Levels show points with liquidity, which are typically where most retail traders have set their stop-loss orders. To activate this feature, check the first column, and you can choose the color as per your preference.
The timezone can also be selected manually, or you can choose to use the timezone set on the chart.
Pivot Length allows for the adjustment of sensitivity.
For the Mitigated option, you can choose 'remove'. If you select 'Show', it will display past Liquidity Levels. The Method can be chosen to focus primarily on Candle wicks or on the closing price (close).
Max levels allow you to select how many Liquidity Levels to display on the chart, as well as the length of their extension to the right and whether they should extend to the right at all.
Key Levels
Key Levels allow you to select the crucial points you want to view. Once chosen, it will display the corresponding timezone's opening price, closing price, and the high and low points. The options following this can be used to make the lines shorter.
Discount/Premium
If the price is between Equilibrium and Premium, it's generally preferable to take short positions. If the price is between Equilibrium and Discount, long positions are typically advised. OTE (Optimal Trade Entry) points are between 0.618 and 0.79. Order Blocks or FVGs within this range usually have a stronger effect. You can choose to display only Discount/Premium, only OTE, or all. The color can also be customized.
Session
To learn more about Sessions, please refer to the link below.
pageSessionClick on the desired Session, and then select any additional features you need.
Timezone setting,These two need to be in the same timezone to align correctly.
Here, you can adjust the color transparency of the timezone area, as well as whether you need a border and labels.
Here, you can open a small screen to help users monitor the current chart Session in real-time. However, remember to select the timezone you want to view.
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