The Simple Smart Money Concepts (SMC) indicator provides real-time analysis of market structure and price action to assist traders in identifying key trading opportunities. It automatically marks charts with internal and swing market structures, including Higher Highs (HH), Lower Highs (LH), Lower Lows (LL), and Breaks of Structure (BOS). The indicator detects subtle market shifts known as Change of Character (CHoCH) and highlights order blocks—price zones where significant trading activity has occurred, often reflecting institutional interest.
Additional features include the identification of equal highs and lows, fair value gaps (three-candle formations indicating price gaps), and previous highs and lows across daily, weekly, and monthly timeframes. It also displays premium, discount, and equilibrium zones to help traders assess value areas.
Users can customize settings such as data length, colors, and display styles to fit their trading preferences. The indicator supports analysis across multiple markets including Forex, cryptocurrencies (e.g., BTCUSD), stocks, and commodities (e.g., XAUUSD).
Designed to streamline chart analysis, the Simple Smart Money Concepts indicator aids traders in making informed decisions by visually representing widely used price action methodologies and institutional order flow concepts.