Standalone MT5 indicator that renders the classical contraction → expansion → trend market cycle as a live chart overlay.
▸ What it is
Smart Money Pattern maps the three-phase market cycle directly on the chart:
- Contraction boxes — zones where price is balancing. The midline is the fair-value / true-value reference for that range.
- Fair-value / expansion lines — the balance midpoint projected forward. Price crossing it is the belief-switch level between buyers and sellers.
- Liquidity lines (buy / sell) — horizontal levels at the cycle extremes, where trapped-trader stops tend to cluster and forced order flow occurs.
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▸ Core methodology
The underlying model is Wyckoff's three-phase cycle — accumulation / distribution → transition → markup / markdown — expressed in the modern Smart Money Concepts (SMC) framing: institutional positioning during contraction, manipulation during expansion, trend once the position transfer is complete.
Liquidity lines are not "signals to fade retail." They are a structural map of where stop clusters live and where forced order flow is most likely to occur when price reaches those zones.
The methodology naturally supports a two-chart workflow:
- higher timeframe → directional bias
- lower timeframe → execution around contraction / liquidity
▸ Features
- Contraction boxes (active + confirmed states)
- Fair-value / midpoint lines
- Buy / sell liquidity lines with cascade logic
- Historical liquidity retention toggle
- Optional duplicate-level merging
- Heikin-Ashi hybrid candle overlay: Off, Historical HA + live price, Full HA
- Quantum Color Themes — multiple presets, optional chart background
- Full custom-colors override for manual palette control
- Two calculation models: Reference and Adaptive (ATR-weighted threshold)
- Multi-instance safe (per-chart object prefix via InstanceTag)
- Standalone MT5 — no DLL, no login, no external data, no telemetry
▸ Attribution
This is built on concepts that are part of the public trading literature:
- Richard Wyckoff (early 20th century) — three-phase market cycle, accumulation / distribution
- Smart Money Concepts (SMC) — institutional order-flow framing used widely in modern price-action literature
- Classical liquidity / stop-hunt mapping — as discussed across institutional-trading literature and community material
▸ Roadmap
An advanced version with additional workflow features — including HTF bias, an alert framework, and a directional-bias / momentum-shift engine — is currently in development. Availability will be announced in the coming weeks.
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▸ Install
- Copy Smart Money Pattern.ex5 into MQL5/Indicators/
- Restart MT5 or refresh the Navigator panel
- Attach to chart, pick a theme preset, set visibility toggles
— Cagliostro
