SMC Indicator

SMC Indicator
A comprehensive Smart Money Concepts (SMC) indicator that identifies institutional trading patterns and market structure shifts in real-time.
Features:
Market Structure Detection

CHoCH (Change of Character) - Identifies trend reversals when price breaks structure against the prevailing bias
BoS (Break of Structure) - Confirms trend continuation when price breaks structure in the direction of the current bias
Swing Points - Labels Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL) for easy structure tracking

Liquidity Analysis

Equal Highs/Lows (EQH/EQL) - Detects liquidity pools where price has touched similar levels multiple times, creating resting liquidity
Liquidity Sweeps - Identifies when price sweeps beyond swing levels and closes back inside, indicating stop hunts and liquidity grabs
LP Sweep Priority - Highlights sweeps occurring at established EQH/EQL zones with enhanced labeling

Volume & Displacement Filtering

Displacement Filter - Requires significant body size (ATR-based) and above-average volume for valid structure breaks
VSA Integration - Volume Spread Analysis confirms sweep quality with short and long-term volume thresholds

VWAP Mean Zone

Rolling VWAP calculation with dynamic zone based on recent price range
Visual reference for mean reversion and value area trading

Setup Scoring Table

Real-time composite score (-3 to +3 scale) combining:

Structure (CHoCH/BoS events)
Sweep activity
Displacement strength
Volume confirmation
VWAP positioning
Bias direction

Alerts Included:

Bullish/Bearish CHoCH
Bullish/Bearish BoS
Bullish/Bearish LP Sweep (at EQH/EQL zones)