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Re: Smart Money Concept (SMC) indicators for MT4

Banzai, Tue Nov 11, 2025 12:32 pm

Banzai wrote: Sat Nov 08, 2025 6:02 pm SMC (Smart Money Concept)

Coder: Apprentice
Released date: November 6, 2025

Based on a TradingView indicator.
(ON/OFF) button

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NEW SCHOOL
BOS = Break of Structure
CHoCH = Change of Character
EQH = when two or more swing highs form around the same level
EQH = liquidity resting above equal highs → potential buy-side liquidity grab area.

EQL = when two or more swing lows form around the same price level
EQL = liquidity resting below equal lows → potential sell-side liquidity grab area.
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OLD SCHOOL
BOS = BreakOut to the upside or downside
CHoCH = Reverse Trend
EQH = Double Top
buy-side liquidity grab area = OverBought area. It's time to go SHORT.

EQL = Double Bottom
sell-side liquidity grab area = OverSold area. It's time to go LONG.
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