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 higher highs, higher lows, lower lows, and lower highs based on seed mode settings and pivot length. The script plots Break of Structure and Change of Character lines to signal trend shifts, along with premium and discount zones. It draws all elements directly on the price chart. Main settings include toggling visibility of BoS, CHoCH, labels, and dashboard, plus choosing between Pivot Seed and Session Seed modes.

market structure detection
BoS lines
CHoCH signals
swing point labels
premium discount zones

Details

Published by

mrdungx2603 on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

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.

File

indicators/hist/smc_market_structure_v1.2.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 16 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	`bool`	`true`	`show_dashboard`
Vị Trí	`string`	`Top Right`	`dashboard_pos`

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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