SMC Market Structure Indicator: 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

SMC Market Structure Indicator detects structural swing points including Higher Highs, Higher Lows, Lower Lows, and Lower Highs, while identifying Break of Structure (BoS) and Change of Character (CHoCH) levels. It also plots Fair Value Gaps, Opening Gaps, and Volume Imbalances with customizable visual settings, accompanied by an onscreen statistical dashboard. Pivot-based detection requires right-bar confirmation, causing structural labels and signals to repaint past bars upon confirmation.

Market structure identification for HH, HL, LL, and LH
Break of Structure (BoS) and CHoCH level plotting
Fair Value Gap, Opening Gap, and Volume Imbalance visualization
Configurable onscreen summary dashboard table

Details

Published by

mrdungx2603 on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

Signals can change on the live bar or after it closes (repainting)

File

indicators/smc_market_structure.pine

Repository

github.com/mrdungx2603/Tradingview-Pine-Scripts. 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
Seed Mode	`string`	`Pivot Seed`	`seedMode`
Pivot Length (cho Pivot Seed)	`int`	`5`	`pivotLength`
Hiển Thị	`bool`	`true`	`show_bos`
Tiêu Đề Label	`string`	`BoS`	`bos_title`
Kiểu Đường	`string`	`Solid`	`bos_style`
Màu Đường BoS Tăng	`color`	`color.blue`	`bos_bull_color`
Màu Đường BoS Giảm	`color`	`color.red`	`bos_bear_color`
Hiển Thị	`bool`	`true`	`show_choch`
Tiêu Đề Label	`string`	`CHoCH`	`choch_title`
Kiểu Đường	`string`	`Dashed`	`choch_style`
Màu Đường CHoCH	`color`	`color.orange`	`choch_color`
Hiển Thị	`bool`	`true`	`show_struct_labels`

Show all 40 settings

Setting	Type	Default	Variable
Màu Label Bull (HH/HL)	`color`	`color.blue`	`bullColor`
Màu Label Bear (LL/LH)	`color`	`color.red`	`bearColor`
Hiển Thị Pivot Tạm (HL?/LH?)	`bool`	`true`	`show_temp_pivot`
Hiển Thị	`bool`	`true`	`show_dashboard`
Vị Trí	`string`	`Top Right`	`dashboard_pos`
Hiển Thị	`bool`	`true`	`show_fvg`
Màu FVG Tăng	`color`	`#2157f3`	`bull_fvg_color`
Màu FVG Giảm	`color`	`#ff1100`	`bear_fvg_color`
Kéo Dài FVG (bars)	`int`	`0`	`fvg_extend`
Hiển Thị	`bool`	`true`	`show_og`
Màu OG Tăng	`color`	`#2157f3`	`bull_og_color`
Màu OG Giảm	`color`	`#ff1100`	`bear_og_color`
Kéo Dài OG (bars)	`int`	`0`	`og_extend`
Hiển Thị	`bool`	`true`	`show_vi`
Màu VI Tăng	`color`	`#2157f3`	`bull_vi_color`
Màu VI Giảm	`color`	`#ff1100`	`bear_vi_color`
Kéo Dài VI (bars)	`int`	`0`	`vi_extend`
Lọc Theo Độ Rộng Tối Thiểu	`bool`	`false`	`imb_usewidth`
Độ Rộng Tối Thiểu	`float`	`0`	`imb_gapwidth`
Đơn Vị	`string`	`Points`	`imb_width_method`
Hiển Thị Dashboard	`bool`	`false`	`show_imb_dashboard`
Vị Trí	`string`	`Bottom Right`	`imb_dashboard_pos`
Kích Thước Chữ	`string`	`Tiny`	`imb_text_size`
Hiển Thị OB	`bool`	`true`	`show_ob`
Số OB Active Tối Đa	`int`	`30`	`max_ob_active`
Bộ Lọc OB Đã Mitigated	`string`	`All`	`ob_filter_mode`
Màu OB Tăng (Demand)	`color`	`#089981`	`ob_bull_color`
Màu OB Giảm (Supply)	`color`	`#f23645`	`ob_bear_color`

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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