SMC V2 Trading Guide

The SMart Money Concepts v2 is a quantitative technical analysis tool. SMart Money Concepts v2 (port) Implemented modules: - Order Blocks (OB) + Breaker Blocks (BB)

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• Show OB (showOBs): Controls the calculation period and sensitivity for market detection.
• Swing Length (swingOpt): Controls the calculation period and sensitivity for market detection.
• Custom Swing (swingCustom): Controls the calculation period and sensitivity for market detection.
• BB End Method (bbEnd): Controls the calculation period and sensitivity for market detection.
• Show BB (showBBs): Controls the calculation period and sensitivity for market detection.
• Max Bullish (maxBull): Controls the calculation period and sensitivity for market detection.
• Max Bearish (maxBear): Controls the calculation period and sensitivity for market detection.
• Box Range (rangeMode): Controls the calculation period and sensitivity for market detection.
• Custom Range Bars (rangeBars): Controls the calculation period and sensitivity for market detection.
• Text Size (textSize): Controls the calculation period and sensitivity for market detection.
• Text (showText): Controls the calculation period and sensitivity for market detection.
• Volume (showVolume): Controls the calculation period and sensitivity for market detection.
• % (showPercent): Controls the calculation period and sensitivity for market detection.
• Max ATR Mult (maxAtrMult): Controls the calculation period and sensitivity for market detection.
• Show FVG (showFvg): Controls the calculation period and sensitivity for market detection.
• FVG Range Bars (0=to last) (fvgRangeBars): Controls the calculation period and sensitivity for market detection.
• FVG Break Method (fvgMit): Controls the calculation period and sensitivity for market detection.
• Show Mitigated FVG (showMitFvg): Controls the calculation period and sensitivity for market detection.
• Max Bullish FVG (maxBullFvg): Controls the calculation period and sensitivity for market detection.
• Max Bearish FVG (maxBearFvg): Controls the calculation period and sensitivity for market detection.
• Show Market Structure (showMS): Controls the calculation period and sensitivity for market detection.
• Internal Length (internalLen): Controls the calculation period and sensitivity for market detection.
• External Length (externalLen): Controls the calculation period and sensitivity for market detection.
• Show HH/HL/LH/LL (showSwingLabels): Controls the calculation period and sensitivity for market detection.
• Show EQH/EQL (showEQ): Controls the calculation period and sensitivity for market detection.
• EQ Pivot Len (eqLen): Controls the calculation period and sensitivity for market detection.
• EQ Threshold (ATR) (eqThr): Controls the calculation period and sensitivity for market detection.
• Show Liquidity (showLiq): Controls the calculation period and sensitivity for market detection.
• Liquidity Pivot Len (liqLen): Controls the calculation period and sensitivity for market detection.
• Max Liquidity Zones (liqMax): Controls the calculation period and sensitivity for market detection.
• Liquidity Band (ATR) (liqAtr): Controls the calculation period and sensitivity for market detection.
• Liquidity Range Bars (0=to last) (liqRangeBars): Controls the calculation period and sensitivity for market detection.
• Liquidity Text (liqText): Controls the calculation period and sensitivity for market detection.
• Show Swept Liquidity (showSweptLiq): Controls the calculation period and sensitivity for market detection.
• Show Trendlines (showTL): Controls the calculation period and sensitivity for market detection.
• Trendline Pivot Len (tlLen): Controls the calculation period and sensitivity for market detection.
• Trendline Range Bars (0=to last) (tlRangeBars): Controls the calculation period and sensitivity for market detection.
• Trendline Touch Tol (ATR) (tlTouchAtr): Controls the calculation period and sensitivity for market detection.
• Max Buy Liquidity Zones (Top) (liqMaxBuy): Controls the calculation period and sensitivity for market detection.
• Max Sell Liquidity Zones (Bottom) (liqMaxSell): Controls the calculation period and sensitivity for market detection.
• Bull OB Fill (bullObFill): Controls the calculation period and sensitivity for market detection.
• Bull OB Border (bullObBorder): Controls the calculation period and sensitivity for market detection.
• Bear OB Fill (bearObFill): Controls the calculation period and sensitivity for market detection.
• Bear OB Border (bearObBorder): Controls the calculation period and sensitivity for market detection.
• Bull BB Fill (bullBbFill): Controls the calculation period and sensitivity for market detection.
• Bull BB Border (bullBbBorder): Controls the calculation period and sensitivity for market detection.
• Bear BB Fill (bearBbFill): Controls the calculation period and sensitivity for market detection.
• Bear BB Border (bearBbBorder): Controls the calculation period and sensitivity for market detection.
• Bull FVG Fill (fvgBullFill): Controls the calculation period and sensitivity for market detection.
• Bull FVG Border (fvgBullBorder): Controls the calculation period and sensitivity for market detection.
• Bear FVG Fill (fvgBearFill): Controls the calculation period and sensitivity for market detection.
• Bear FVG Border (fvgBearBorder): Controls the calculation period and sensitivity for market detection.
• Mitigated FVG Fill (fvgMitFill): Controls the calculation period and sensitivity for market detection.
• Mitigated FVG Border (fvgMitBorder): Controls the calculation period and sensitivity for market detection.
• Internal Bull Structure (msIntBull): Controls the calculation period and sensitivity for market detection.
• Internal Bear Structure (msIntBear): Controls the calculation period and sensitivity for market detection.
• External Bull Structure (msExtBull): Controls the calculation period and sensitivity for market detection.
• External Bear Structure (msExtBear): Controls the calculation period and sensitivity for market detection.
• Swing Labels (swingText): Controls the calculation period and sensitivity for market detection.
• EQH Labels (eqhText): Controls the calculation period and sensitivity for market detection.
• EQL Labels (eqlText): Controls the calculation period and sensitivity for market detection.
• Buy Liquidity Fill (liqBuyFill): Controls the calculation period and sensitivity for market detection.
• Buy Liquidity Border (liqBuyBorder): Controls the calculation period and sensitivity for market detection.
• Sell Liquidity Fill (liqSellFill): Controls the calculation period and sensitivity for market detection.
• Sell Liquidity Border (liqSellBorder): Controls the calculation period and sensitivity for market detection.
• Swept Liquidity Fill (liqSweptFill): Controls the calculation period and sensitivity for market detection.
• Swept Liquidity Border (liqSweptBorder): Controls the calculation period and sensitivity for market detection.
• Trendline High (tlHigh): Controls the calculation period and sensitivity for market detection.
• Trendline Low (tlLow): Controls the calculation period and sensitivity for market detection.
• Box Text (textColor): Controls the calculation period and sensitivity for market detection.
• New Bull OB (newBullOB): Controls the calculation period and sensitivity for market detection.
• New Bear OB (newBearOB): Controls the calculation period and sensitivity for market detection.
• Bull OB Touched (bullOBTouched): Controls the calculation period and sensitivity for market detection.
• Bear OB Touched (bearOBTouched): Controls the calculation period and sensitivity for market detection.
• Bull BB Touched (bullBBTouched): Controls the calculation period and sensitivity for market detection.
• Bear BB Touched (bearBBTouched): Controls the calculation period and sensitivity for market detection.
• Bull OB -> BB (bullOBToBB): Controls the calculation period and sensitivity for market detection.
• Bear OB -> BB (bearOBToBB): Controls the calculation period and sensitivity for market detection.
• Bull FVG New (bullFvgNew): Controls the calculation period and sensitivity for market detection.
• Bear FVG New (bearFvgNew): Controls the calculation period and sensitivity for market detection.
• Bull FVG Mit (bullFvgMit): Controls the calculation period and sensitivity for market detection.
• Bear FVG Mit (bearFvgMit): Controls the calculation period and sensitivity for market detection.
• Bull FVG Touched (bullFvgTouched): Controls the calculation period and sensitivity for market detection.
• Bear FVG Touched (bearFvgTouched): Controls the calculation period and sensitivity for market detection.
• Int BOS Up (intBosUp): Controls the calculation period and sensitivity for market detection.
• Int BOS Down (intBosDown): Controls the calculation period and sensitivity for market detection.
• Int CHOCH Up (intChochUp): Controls the calculation period and sensitivity for market detection.
• Int CHOCH Down (intChochDown): Controls the calculation period and sensitivity for market detection.
• Ext BOS Up (extBosUp): Controls the calculation period and sensitivity for market detection.
• Ext BOS Down (extBosDown): Controls the calculation period and sensitivity for market detection.
• Ext CHOCH Up (extChochUp): Controls the calculation period and sensitivity for market detection.
• Ext CHOCH Down (extChochDown): Controls the calculation period and sensitivity for market detection.
• EQH (eqh): Controls the calculation period and sensitivity for market detection.
• EQL (eql): Controls the calculation period and sensitivity for market detection.
• Buy Liq New (buyLiqNew): Controls the calculation period and sensitivity for market detection.
• Sell Liq New (sellLiqNew): Controls the calculation period and sensitivity for market detection.
• Buy Liq Touched (buyLiqTouched): Controls the calculation period and sensitivity for market detection.
• Sell Liq Touched (sellLiqTouched): Controls the calculation period and sensitivity for market detection.
• Buy Liq Swept (buyLiqSwept): Controls the calculation period and sensitivity for market detection.
• Sell Liq Swept (sellLiqSwept): Controls the calculation period and sensitivity for market detection.
• TL High Touch (tlHighTouch): Controls the calculation period and sensitivity for market detection.
• TL Low Touch (tlLowTouch): Controls the calculation period and sensitivity for market detection.
• TL High Break (tlHighBreak): Controls the calculation period and sensitivity for market detection.
• TL Low Break (tlLowBreak): Controls the calculation period and sensitivity for market detection.
• Bull OB Top (bullObTop): Controls the calculation period and sensitivity for market detection.
• Bull OB Bottom (bullObBot): Controls the calculation period and sensitivity for market detection.
• Bear OB Top (bearObTop): Controls the calculation period and sensitivity for market detection.
• Bear OB Bottom (bearObBot): Controls the calculation period and sensitivity for market detection.
• Bull BB Top (bullBbTop): Controls the calculation period and sensitivity for market detection.
• Bull BB Bottom (bullBbBot): Controls the calculation period and sensitivity for market detection.
• Bear BB Top (bearBbTop): Controls the calculation period and sensitivity for market detection.
• Bear BB Bottom (bearBbBot): Controls the calculation period and sensitivity for market detection.
• New Bullish OB (newBullOB): Controls the calculation period and sensitivity for market detection.
• New Bearish OB (newBearOB): Controls the calculation period and sensitivity for market detection.
• Bullish OB Touched (bullOBTouched): Controls the calculation period and sensitivity for market detection.
• Bearish OB Touched (bearOBTouched): Controls the calculation period and sensitivity for market detection.
• Bullish BB Touched (bullBBTouched): Controls the calculation period and sensitivity for market detection.
• Bearish BB Touched (bearBBTouched): Controls the calculation period and sensitivity for market detection.
• Bull OB -> BB (bullOBToBB): Controls the calculation period and sensitivity for market detection.
• Bear OB -> BB (bearOBToBB): Controls the calculation period and sensitivity for market detection.
• Bullish FVG Created (bullFvgNew): Controls the calculation period and sensitivity for market detection.
• Bearish FVG Created (bearFvgNew): Controls the calculation period and sensitivity for market detection.
• Bullish FVG Mitigated (bullFvgMit): Controls the calculation period and sensitivity for market detection.
• Bearish FVG Mitigated (bearFvgMit): Controls the calculation period and sensitivity for market detection.
• Bullish FVG Touched (bullFvgTouched): Controls the calculation period and sensitivity for market detection.
• Bearish FVG Touched (bearFvgTouched): Controls the calculation period and sensitivity for market detection.
• Internal BOS Up (intBosUp): Controls the calculation period and sensitivity for market detection.
• Internal BOS Down (intBosDown): Controls the calculation period and sensitivity for market detection.
• Internal CHOCH Up (intChochUp): Controls the calculation period and sensitivity for market detection.
• Internal CHOCH Down (intChochDown): Controls the calculation period and sensitivity for market detection.
• External BOS Up (extBosUp): Controls the calculation period and sensitivity for market detection.
• External BOS Down (extBosDown): Controls the calculation period and sensitivity for market detection.
• External CHOCH Up (extChochUp): Controls the calculation period and sensitivity for market detection.
• External CHOCH Down (extChochDown): Controls the calculation period and sensitivity for market detection.
• Equal Highs (EQH) (eqh): Controls the calculation period and sensitivity for market detection.
• Equal Lows (EQL) (eql): Controls the calculation period and sensitivity for market detection.
• Buy Liquidity Created (buyLiqNew): Controls the calculation period and sensitivity for market detection.
• Sell Liquidity Created (sellLiqNew): Controls the calculation period and sensitivity for market detection.
• Buy Liquidity Touched (buyLiqTouched): Controls the calculation period and sensitivity for market detection.
• Sell Liquidity Touched (sellLiqTouched): Controls the calculation period and sensitivity for market detection.
• Buy Liquidity Swept (buyLiqSwept): Controls the calculation period and sensitivity for market detection.
• Sell Liquidity Swept (sellLiqSwept): Controls the calculation period and sensitivity for market detection.
• Trendline High Touch (tlHighTouch): Controls the calculation period and sensitivity for market detection.
• Trendline Low Touch (tlLowTouch): Controls the calculation period and sensitivity for market detection.
• Trendline High Break (tlHighBreak): Controls the calculation period and sensitivity for market detection.
• Trendline Low Break (tlLowBreak): Controls the calculation period and sensitivity for market detection.
• Bull OB Top (bullObTop): Controls the calculation period and sensitivity for market detection.
• Bull OB Bottom (bullObBot): Controls the calculation period and sensitivity for market detection.
• Bear OB Top (bearObTop): Controls the calculation period and sensitivity for market detection.
• Bear OB Bottom (bearObBot): Controls the calculation period and sensitivity for market detection.
• Bull BB Top (bullBbTop): Controls the calculation period and sensitivity for market detection.
• Bull BB Bottom (bullBbBot): Controls the calculation period and sensitivity for market detection.
• Bear BB Top (bearBbTop): Controls the calculation period and sensitivity for market detection.
• Bear BB Bottom (bearBbBot): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• newBullOB - New Bullish OB event signal.
• newBearOB - New Bearish OB event signal.
• bullOBTouched - Bullish OB Touched event signal.
• bearOBTouched - Bearish OB Touched event signal.
• bullBBTouched - Bullish BB Touched event signal.
• bearBBTouched - Bearish BB Touched event signal.
• bullOBToBB - Bull OB -> BB event signal.
• bearOBToBB - Bear OB -> BB event signal.
• bullFvgNew - Bullish FVG Created event signal.
• bearFvgNew - Bearish FVG Created event signal.
• bullFvgMit - Bullish FVG Mitigated event signal.
• bearFvgMit - Bearish FVG Mitigated event signal.
• bullFvgTouched - Bullish FVG Touched event signal.
• bearFvgTouched - Bearish FVG Touched event signal.
• intBosUp - Internal BOS Up event signal.
• intBosDown - Internal BOS Down event signal.
• intChochUp - Internal CHOCH Up event signal.
• intChochDown - Internal CHOCH Down event signal.
• extBosUp - External BOS Up event signal.
• extBosDown - External BOS Down event signal.
• extChochUp - External CHOCH Up event signal.
• extChochDown - External CHOCH Down event signal.
• eqh - Equal Highs (EQH) event signal.
• eql - Equal Lows (EQL) event signal.
• buyLiqNew - Buy Liquidity Created event signal.
• sellLiqNew - Sell Liquidity Created event signal.
• buyLiqTouched - Buy Liquidity Touched event signal.
• sellLiqTouched - Sell Liquidity Touched event signal.
• buyLiqSwept - Buy Liquidity Swept event signal.
• sellLiqSwept - Sell Liquidity Swept event signal.
• tlHighTouch - Trendline High Touch event signal.
• tlLowTouch - Trendline Low Touch event signal.
• tlHighBreak - Trendline High Break event signal.
• tlLowBreak - Trendline Low Break event signal.

2. Filters and Trade Levels

• showOBs - Show OB value used for structural qualification or thresholds.
• swingOpt - Swing Length value used for structural qualification or thresholds.
• swingCustom - Custom Swing value used for structural qualification or thresholds.
• bbEnd - BB End Method value used for structural qualification or thresholds.
• showBBs - Show BB value used for structural qualification or thresholds.
• maxBull - Max Bullish value used for structural qualification or thresholds.
• maxBear - Max Bearish value used for structural qualification or thresholds.
• rangeMode - Box Range value used for structural qualification or thresholds.
• rangeBars - Custom Range Bars value used for structural qualification or thresholds.
• textSize - Text Size value used for structural qualification or thresholds.
• showText - Text value used for structural qualification or thresholds.
• showVolume - Volume value used for structural qualification or thresholds.
• showPercent - % value used for structural qualification or thresholds.
• maxAtrMult - Max ATR Mult value used for structural qualification or thresholds.
• showFvg - Show FVG value used for structural qualification or thresholds.
• fvgRangeBars - FVG Range Bars (0=to last) value used for structural qualification or thresholds.
• fvgMit - FVG Break Method value used for structural qualification or thresholds.
• showMitFvg - Show Mitigated FVG value used for structural qualification or thresholds.
• maxBullFvg - Max Bullish FVG value used for structural qualification or thresholds.
• maxBearFvg - Max Bearish FVG value used for structural qualification or thresholds.
• showMS - Show Market Structure value used for structural qualification or thresholds.
• internalLen - Internal Length value used for structural qualification or thresholds.
• externalLen - External Length value used for structural qualification or thresholds.
• showSwingLabels - Show HH/HL/LH/LL value used for structural qualification or thresholds.
• showEQ - Show EQH/EQL value used for structural qualification or thresholds.
• eqLen - EQ Pivot Len value used for structural qualification or thresholds.
• eqThr - EQ Threshold (ATR) value used for structural qualification or thresholds.
• showLiq - Show Liquidity value used for structural qualification or thresholds.
• liqLen - Liquidity Pivot Len value used for structural qualification or thresholds.
• liqMax - Max Liquidity Zones value used for structural qualification or thresholds.
• liqAtr - Liquidity Band (ATR) value used for structural qualification or thresholds.
• liqRangeBars - Liquidity Range Bars (0=to last) value used for structural qualification or thresholds.
• liqText - Liquidity Text value used for structural qualification or thresholds.
• showSweptLiq - Show Swept Liquidity value used for structural qualification or thresholds.
• showTL - Show Trendlines value used for structural qualification or thresholds.
• tlLen - Trendline Pivot Len value used for structural qualification or thresholds.
• tlRangeBars - Trendline Range Bars (0=to last) value used for structural qualification or thresholds.
• tlTouchAtr - Trendline Touch Tol (ATR) value used for structural qualification or thresholds.
• liqMaxBuy - Max Buy Liquidity Zones (Top) value used for structural qualification or thresholds.
• liqMaxSell - Max Sell Liquidity Zones (Bottom) value used for structural qualification or thresholds.
• newBullOB - New Bull OB value used for structural qualification or thresholds.
• newBearOB - New Bear OB value used for structural qualification or thresholds.
• bullOBTouched - Bull OB Touched value used for structural qualification or thresholds.
• bearOBTouched - Bear OB Touched value used for structural qualification or thresholds.
• bullBBTouched - Bull BB Touched value used for structural qualification or thresholds.
• bearBBTouched - Bear BB Touched value used for structural qualification or thresholds.
• bullOBToBB - Bull OB -> BB value used for structural qualification or thresholds.
• bearOBToBB - Bear OB -> BB value used for structural qualification or thresholds.
• bullFvgNew - Bull FVG New value used for structural qualification or thresholds.
• bearFvgNew - Bear FVG New value used for structural qualification or thresholds.
• bullFvgMit - Bull FVG Mit value used for structural qualification or thresholds.
• bearFvgMit - Bear FVG Mit value used for structural qualification or thresholds.
• bullFvgTouched - Bull FVG Touched value used for structural qualification or thresholds.
• bearFvgTouched - Bear FVG Touched value used for structural qualification or thresholds.
• intBosUp - Int BOS Up value used for structural qualification or thresholds.
• intBosDown - Int BOS Down value used for structural qualification or thresholds.
• intChochUp - Int CHOCH Up value used for structural qualification or thresholds.
• intChochDown - Int CHOCH Down value used for structural qualification or thresholds.
• extBosUp - Ext BOS Up value used for structural qualification or thresholds.
• extBosDown - Ext BOS Down value used for structural qualification or thresholds.
• extChochUp - Ext CHOCH Up value used for structural qualification or thresholds.
• extChochDown - Ext CHOCH Down value used for structural qualification or thresholds.
• eqh - EQH value used for structural qualification or thresholds.
• eql - EQL value used for structural qualification or thresholds.
• buyLiqNew - Buy Liq New value used for structural qualification or thresholds.
• sellLiqNew - Sell Liq New value used for structural qualification or thresholds.
• buyLiqTouched - Buy Liq Touched value used for structural qualification or thresholds.
• sellLiqTouched - Sell Liq Touched value used for structural qualification or thresholds.
• buyLiqSwept - Buy Liq Swept value used for structural qualification or thresholds.
• sellLiqSwept - Sell Liq Swept value used for structural qualification or thresholds.
• tlHighTouch - TL High Touch value used for structural qualification or thresholds.
• tlLowTouch - TL Low Touch value used for structural qualification or thresholds.
• tlHighBreak - TL High Break value used for structural qualification or thresholds.
• tlLowBreak - TL Low Break value used for structural qualification or thresholds.
• bullObTop - Bull OB Top value used for structural qualification or thresholds.
• bullObBot - Bull OB Bottom value used for structural qualification or thresholds.
• bearObTop - Bear OB Top value used for structural qualification or thresholds.
• bearObBot - Bear OB Bottom value used for structural qualification or thresholds.
• bullBbTop - Bull BB Top value used for structural qualification or thresholds.
• bullBbBot - Bull BB Bottom value used for structural qualification or thresholds.
• bearBbTop - Bear BB Top value used for structural qualification or thresholds.
• bearBbBot - Bear BB Bottom value used for structural qualification or thresholds.
• bullObTop - Bull OB Top value used for structural qualification or thresholds.
• bullObBot - Bull OB Bottom value used for structural qualification or thresholds.
• bearObTop - Bear OB Top value used for structural qualification or thresholds.
• bearObBot - Bear OB Bottom value used for structural qualification or thresholds.
• bullBbTop - Bull BB Top value used for structural qualification or thresholds.
• bullBbBot - Bull BB Bottom value used for structural qualification or thresholds.
• bearBbTop - Bear BB Top value used for structural qualification or thresholds.
• bearBbBot - Bear BB Bottom value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.