My Algo Smart Money Concepts: Free TradingView Indicator (Pine Script)

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 indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

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

My Algo Smart Money Concepts can colour candles, flag boring candles and show RSI, 52-week high and low and gap information. Modes include Historical and Present display, and a colour style choice. Higher timeframe fair value gaps use data from other timeframes.

Internal and swing market structure
Order blocks and fair value gaps
Equal highs and lows
Premium and discount zones
Candle colouring options

Details

Published by

ranguchamy on GitHub

Code credit

Bots, as written in the script's header

Type

Indicator, Pine Script v5

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

File

Price Action.txt

Repository

github.com/ranguchamy/ML_Indian_Stocks. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
mode	`string`	`Historical`	`mode`
style	`string`	`Colored`	`style`
Color Candles	`bool`	`false`	`show_trend`
Boring Candles	`bool`	`false`	`show_boring`
Relative Strength Index	`bool`	`false`	`show_relativeStrengthIndex`
52 week High and 52 week Low	`bool`	`false`	`show_fiftyTwoWeekHighandLow`
Gap Difference	`bool`	`false`	`show_gapDiff`
Show Internal Structure	`bool`	`true`	`show_internals`
Bullish Structure	`string`	`All`	`show_ibull`
swing_ibull_css	`color`	`#089981`	`swing_ibull_css`
Bearish Structure	`string`	`All`	`show_ibear`
swing_ibear_css	`color`	`#f23645`	`swing_ibear_css`

Show all 40 settings

Setting	Type	Default	Variable
Confluence Filter	`bool`	`false`	`ifilter_confluence`
Internal Label Size	`string`	`Tiny`	`internal_structure_size`
Show Swing Structure	`bool`	`true`	`show_Structure`
Bullish Structure	`string`	`All`	`show_bull`
swing_bull_css	`color`	`#089981`	`swing_bull_css`
Bearish Structure	`string`	`All`	`show_bear`
swing_bear_css	`color`	`#f23645`	`swing_bear_css`
Swing Label Size	`string`	`Small`	`swing_structure_size`
Show Swings Points	`bool`	`false`	`show_swings`
length	`int`	`50`	`length`
Show Strong/Weak High/Low	`bool`	`true`	`show_hl_swings`
Internal Order Blocks	`bool`	`true`	`show_iob`
iob_showlast	`int`	`5`	`iob_showlast`
Swing Order Blocks	`bool`	`false`	`show_ob`
ob_showlast	`int`	`5`	`ob_showlast`
Order Block Filter	`string`	`Atr`	`ob_filter`
Internal Bullish OB	`color`	`color.new(#3179f5, 80)`	`ibull_ob_css`
Internal Bearish OB	`color`	`color.new(#f77c80, 80)`	`ibear_ob_css`
Bullish OB	`color`	`color.new(#1848cc, 80)`	`bull_ob_css`
Bearish OB	`color`	`color.new(#b22833, 80)`	`bear_ob_css`
Equal High/Low	`bool`	`true`	`show_eq`
Bars Confirmation	`int`	`3`	`eq_len`
Threshold	`float`	`0.1`	`eq_threshold`
Label Size	`string`	`Tiny`	`eq_size`
Fair Value Gaps	`bool`	`false`	`show_fvg`
Auto Threshold	`bool`	`true`	`fvg_auto`
Timeframe	`timeframe`		`fvg_tf`
Bullish FVG	`color`	`color.new(#00ff68, 70)`	`bull_fvg_css`

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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