The smart money concept suggests that institutional traders have a greater understanding of the market and often have access to more information than retail traders. Therefore, by analyzing market structure, retail traders can align themselves with the actions of smart money and potentially profit from their moves. This indicator considerably simplifies the...
This indicator can gives an alert when a candle purges a 3- or 4-candle swing high but closes below it (1). It can also give an alert when a candle closes below the last 3- or 4-candle swing low prior to the sweep (2). How to: 1. Add indicator to chart chart of your desired timeframe 2. Right click indicator and "add alert 3. Decide the conditions for when you to...
This indicator can gives an alert when a candle purges a 3- or 4-candle swing low but closes above it (1). It can also give an alert when a candle closes above the last 3- or 4-candle swing high prior to the sweep (2). How to: 1. Add indicator to chart chart of your desired timeframe 2. Right click indicator and "add alert 3. Decide the conditions for when you to...