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MT4-SMC multiple TimeFrame
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MT4-SMC multiple TimeFrame

  • 本店售价:¥345元 ¥483元
  • 商品货号:ECS045346
  • 商品库存: 11111
  • 上架时间:2023-10-15
  • 商品点击数:102

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There are many SMC indicators in the market, but this is the first indicator that can perform calculations, display, and provide signals on multiple timeframes . Include the default timeframes of MetaTrader: M1, M5, M15, M30, H1, H4, D1, W1, MN. We provide a control panel (at the top right corner of the screen) that allows users to enable or disable components of the SMC in other timeframe.

With this indicator, users can easily see the market overview on multiple different timeframes, enabling more accurate decisions on price trends and entry points. We also provide notification functions in two modes: current timeframe and multi-timeframe combined. Therefore, notifications will be sent to users when:

In the current timeframe: BOS is created; OB or FVG is created; the price touches the previous OB or FVG; the price surpasses the previous OB or FVG...

In multi-timeframe mode: When the price creates a BOS in the current timeframe and touches an OB or FVG in a higher timeframe...

Refer to the "SIGNAL ON MTF" and "SIGNAL ON CURRENT TF" sections to maximize the use of our notification features.

The configurations of the indicator are as follows:

1. Market Structure

The indicator provides 2 modes to define market structure corresponding to the length for identifying pivot points in price behavior: Internal structure and Swing structure. In each market structure, there are the following configurations:

Length: The minimum number of candles to search for pivot points.

Number of BOS: The number of BOS displayed if the market structure display mode is set to "Historical."

Number of ChoCH: The number of ChoCH displayed if the market structure display mode is set to "Historical."

Structure Mode: Includes 2 options: "Close" and "Wick."

In Close mode, a Bull BOS is only created when the closing price of the nearest candle is higher than the previous HH. Similarly, for Bear BOS and other cases like ChoCH. In this mode, the indicator waits for candle closing to calculate market structure.
In Wick mode, a Bull BOS is created when the price is higher than the previous HH. Similarly, for Bear BOS and other cases like ChoCH. In this mode, BOS is created as soon as the price exceeds the HH or LL levels without waiting for candle closing.
Confirm BOS/ChoCH: The number of candles after which a Bull BOS or ChoCH will be confirmed.
If the value is >0, for example, =1, then if 1 candle after the creation of a Bull BOS, the price falls below the BOS, the BOS will be deleted. If this value is set to 0, it means this feature is not used.

Show Structure Point: True/false option to enable the display of H/L pivot points in the market structure.

In Swing mode, additional options include:

Show recent Top/Bottom as line: True/false option to display the nearest Top and Bottom points as lines.

Show Strong/Weak High/Low: True/false option to display the nearest support and resistance levels.

Other configurations related to object presentation on the chart, such as colors, font size...

2. Demand & Supply Zones (Order Block)

Display options: Include display modes like Extreme OB, Premium/Discount, Not show, Show All.

Extreme OB represents OB formed at Fibonacci levels 0 to 0.236 or levels 0.786 to 1.

Extreme OB have name with (Ex). Name will display at right of OB box

Premium OB and Discount OB represent OB formed at Fibonacci levels 0 to 0.5 or levels 0.5 to 1.

Premium OB have name with (pre)
Discount OB have name with (dis)

Show All: Display all OB.

Not show: Do not display. Configurations allow extending OB to the current or longer candles. Configurations for the number of Internal OB/Swing OB on the chart.

Other configurations related to OB presentation, such as font style, size, fill...

3. Fair Value Gap (FVG)

Display options: Include display modes like Extreme FVG, Premium/Discount, Not show, Show All (Refer to OB configurations).

Significant FVG and Significant FVG multiple: Set the deviation for FVG. If you set Significant FVG = true and enter a value for Significant FVG multiple > 1, the indicator will set the deviation = the average candle body * (Significant FVG multiple). In this case, the liquidity gap must be larger than the deviation to establish FVG.

4. Mitigated & Filled (for OB, FVG)

These are settings to determine what constitutes a mitigated or filled OB.

Timeframe setting: Allows you to set whether to calculate mitigated or filled based on the current timeframe or the timeframe in which OB or FVG was created.

For example, if a Bear OB is created on the H4 timeframe, the current timeframe is M15, and:

To set the timeframe as the current timeframe. If on the M15 timeframe, a candle closes below the low of the Bear OB, then that Bear OB is considered mitigated.
To set the timeframe as the OB creation timeframe, you would need to wait for a candle on the H4 timeframe to close below the low of the Bear OB for it to be considered mitigated.

5. Previous High & Low

Allows the display of High and Low lines for Daily, Weekly, and Monthly levels. Previous high & low are displayed only in the current timeframe.

6. Premium / Discount Zone

Allows the display of Premium / Discount zone areas, displayed only in the current timeframe.

7. Fibonacci Levels

Allows configuring Fibonacci levels and displaying them on the chart. Applies only to the current timeframe.

8. MTF ADR (Multi-Timeframe Average Daily Range)

This indicator is added for ADR (Average Daily Range) analysis and is not part of the standard SMC, but it's useful for analyzing price trends. Here, you can configure the display of ADR levels based on factors such as:

Timeframe: For example, selecting 1D will calculate ADR based on the previous day's open price.
ADR period.
ADR levels: 100, 125, etc.

9. Sessions (Time)

This indicator combines the working hours of various trading sessions, including New York, London, Tokyo, and Sydney. You can configure the opening and closing times for each session.

The default timezone is UTC, but users can adjust the time zone in the "Shift from Broker time to UTC" section.

10. Signal on MTF (Multi-Timeframe) - Multi-Timeframe Signal

This is an excellent feature of the indicator that allows you to combine multiple timeframes to generate trading signals. For example, you can choose to enter a Buy trade when a Bullish BOS is created in the current timeframe and the price touches a Bearish OB in a higher timeframe.

In the configuration for the larger timeframe (first TF), you can select:

Timeframe.
Price direction: Bullish / bearish.
Liquidity type, including OB, FVG, ADR, Previous high/low...
Bar in keep signal in a lower timeframe: This is the number of bars (in the smaller timeframe) that the liquidity condition must remain true. For example, if you choose bullish direction, liquidity is OB, and bar=10, then condition 1 at the larger timeframe is true when the price touches the Bullish OB in the larger timeframe and remains true for the next 10 candles (in the smaller timeframe).

In the configuration for the smaller timeframe (second TF), you can select:

Timeframe.
Price direction.
Structure type: BOS, ChoCH.

For example, if you choose a bullish direction, the current timeframe, and structure type: BOS, within 10 bars while condition 1 remains true, if the price forms a Bullish BOS, the indicator will generate a Buy signal.

We have tested and found that multi-timeframe strategies using this indicator can be highly profitable.

In addition, the indicator provides other features such as:

Alert if first TF OB, FVG mitigated: Allows quick notification when OB or FVG in the larger timeframe is mitigated.
Check opposite signal: If you set it to true, along with the example above, the indicator will also generate a Sell signal when the conditions are met.
Wait price test OTE (Optimal Trade Entry): If you set a value <1, for example, 0.618, signals will not be generated immediately but will wait for the price to pull back to the 0.618 level before generating a signal.

11. Signal on CTF (Current Timeframe) - Current Timeframe Signal

Configurations for notifications in the current timeframe.

12. BACKTEST

Because when running backtests, the buttons on the panel cannot be clicked, we provide a configuration area to enable clicking buttons. If you want to display Swing OB on the M15 timeframe when running a backtest, set "enable OB M15 in backtest" to true.

Note: When running in normal mode, buttons can be clicked as usual.

Conclusion

This indicator has the capability to work across multiple timeframes, allowing users to gain an overview of the market and make trading decisions based on signals and information from various sources. It provides powerful configuration options to customize how information is displayed and integrates data from multiple timeframes.

Some notable features of this indicator include the ability to generate trading signals based on pivot points in market structure, displaying critical supply and demand zones, monitoring Fair Value Gap differentials, and combining signals from multiple timeframes to make trading decisions.

This indicator offers numerous configuration options for personalization and optimization of a user's trading strategy. However, it also requires users to have knowledge of financial markets and technical analysis to understand and effectively use it.

In summary, this is a powerful tool designed to assist traders in analyzing and making decisions in the financial markets, with the ability to integrate information from multiple timeframes and various factors.

After purchasing this indicator, users can request me to add new strategies or signals to better serve their needs.

If you have any question, please ask at comment section.

If you like (or not) please add review.

Thank for reading!


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