Nexalgo SMC

🔧 [Nexalgo] SMC (Smart Money Concepts) – Invite-Only Indicator
The SMC (Smart Money Concepts) indicator for TradingView is a tool that helps visualize price behavior based on institutional concepts and liquidity theory. It provides structural markers and volume-based zones in one script.

🧠 Key Components:
Order Blocks with Volume Metrics
Displays bullish and bearish order blocks along with volume-related information, helping to identify areas of possible accumulation or distribution.

Market Structure Analysis

BOS (Break of Structure)

CHoCH (Change of Character)

CHoCH+ (Extended CHoCH)

EQH/EQL (Equal Highs/Lows)

Imbalance Zones
Highlights price areas with visible inefficiencies between buying and selling pressure.

Premium & Discount Zones
Marks price regions considered relatively expensive (premium) or cheap (discount) based on recent swings.

Previous Highs & Lows
Plots historical key levels that may act as potential reaction zones.

Bullish/Bearish Dashboard
A dashboard summarizing the current directional bias based on structural elements.

Fixed Volume Profile
Displays a volume histogram over price to highlight high and low volume areas.

⚠️ Disclaimer:
This indicator is intended for market analysis purposes only. It does not constitute trading advice or guarantee performance. Users should evaluate all tools based on their own judgment and trading approach.