Calculates and plots Smart Money Concepts (SMC) elements directly on the price chart, including swing and internal market structure (Break of Structure and Change of Character), order blocks, fair value gaps, and liquidity pools.
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
Features multi-timeframe analysis capabilities to track higher timeframe market structure alongside lower timeframe dynamics. User settings allow filtering order blocks by volume thresholds and fair value gaps by minimum percentage size.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Structure Length
int
5
structure_length
Show Internal Structure
bool
true
show_internal
Show Swing Structure
bool
true
show_swing
Order Block Length
int
3
ob_length
Filter by Volume
bool
true
ob_filter_volume
Volume Threshold
float
1.5
ob_volume_threshold
Filter FVG by Size
bool
true
fvg_filter_size
Min FVG Size %
float
0.1
fvg_min_size
Liquidity Lookback
int
20
liquidity_lookback
Price Threshold %
float
0.1
liquidity_threshold
Higher Timeframe
timeframe
4H
higher_tf
Show HTF Structure
bool
true
show_htf_structure
Show all 15 settings
Setting
Type
Default
Variable
Max Structures
int
10
max_structures
Max Order Blocks
int
15
max_order_blocks
Max FVGs
int
20
max_fvgs
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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