This overlay strategy plots previous-day high and low, the daily open, and fair value gap zones on the price chart. It takes entries on a selectable timeframe when the FVG requirement and an optional session window allow them, then uses an ATR or fixed pip sto
Strategy · Pine Script v5 · On the chart
Mega Bot SMC - SPX Definitive Edition
Calculates institutional liquidity sweeps across a configurable swing lookback period to trade market reversals directly on the price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code67
Settings3inputs
LicenceNone stated
Last update4 months ago5 Jun 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Mega Bot SMC - SPX Definitive Edition enters long when price dips below recent swing lows and closes back above, and enters short when price sweeps swing highs and closes lower. Stop losses are anchored to the three-bar price extremes, while take-profit targets are calculated using an adjustable risk-to-reward ratio. A time-decay rule automatically closes stagnant trades after a specified number of bars.
- Liquidity sweep reversal detection
- Configurable swing lookback period
- Three-bar extreme stop loss placement
- Risk-to-reward ratio take profit targeting
- Time-decay exit after max candle duration
Details
Published by
orestefrison on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
SMC / ICT / price action, Support & resistance
Markets
Indices
Timeframes
M1-M5, M15-H1
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Swing Period (Lookback) | int | 10 | lookback |
| Risk/Reward Ratio (R:R) | float | 2.0 | rr_ratio |
| Max Trade Duration (In Candles) | int | 30 | max_candele_durata |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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