Smart Money Setup 01 Indicator - for TradingView- [TFlab]

The Smart Money Setup 01 Indicator is a technical analysis tool built on Smart Money Concepts (SMC). Its primary function is to identify high-probability trend reversal zones by detecting two consecutive Order Blocks (OBs) formed after a Break of Structure (BOS). Designed for traders who apply the ICT methodology, this indicator supports multi-timeframe analysis and is fully compatible with the TradingView platform.


You can access the Indicator from this link:

https://tradingfinder.com/products/i...oney-setup-01/

You can access the Indicator on the TradingView website:

https://www.tradingview.com/script/L...-Blocks-Proof/

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Key Features

1. Detects Breaks of Structure (BOS)
2. Automatically plots two related Order Blocks
3. Highlights high-probability reversal zones

Compatible with:

1. Forex
2. Cryptocurrency
3. Stocks
4. Commodities
5. Indices
6. Share Stocks
7. CFDs

Designed for:

1. Intraday trading
2. Reversal trading
3. Liquidity-based strategies
4. Platform: TradingView
   

Trading with the Smart Money Setup 01 Indicator

Buy Setups

The indicator signals buy opportunities when price retraces into a Double Order Block zone created by two successive BOS events.
Example:

1. On a 15-minute Silver CFD chart, the first BOS generates a gray Order Block.
2. A second BOS forms another OB before price revisits the zone.
3. The overlapping OBs highlight a high-probability buy zone.

Trading Insight:

A pullback into the Double OB zone can be used as an optimal entry for long positions, supporting a potential bullish continuation.

Sell Setups

In bearish conditions, the indicator identifies sell opportunities by detecting consecutive OBs after multiple BOS events.

Example:

1. On a 15-minute USD/JPY chart, repeated BOS events generate two Order Blocks.
2. These OBs overlap to form a strong resistance zone.
3. Price retracing into this zone indicates a possible reversal and sell opportunity.

Trading Insight:

This bearish setup is aligned with Smart Money principles, focusing on liquidity zones where institutional orders may drive reversals.
Indicator Configuration

Customizable Parameters:

1. Pivot Period – Defines how Order Blocks are structured and BOS levels are calculated.

The clean TradingView interface makes the indicator user-friendly and flexible, suitable for multiple markets and timeframes.

Conclusion

The Smart Money Setup 01 Indicator is a robust tool for traders following Smart Money and ICT-based strategies. By plotting two consecutive Order Blocks after BOS events, it effectively highlights liquidity pools and potential reversal points.

These Double OB zones frequently align with institutional trading activity, giving traders a strategic edge for both buy and sell setups. Whether you are refining a liquidity-based strategy or aiming to improve risk management and accuracy, this indicator provides the insight needed to trade with confidence on TradingView.