Smart Money Setup 02 Indicator on TradingView - Free - [TFlab]

The Smart Money Setup 02 Indicator is designed to highlight order blocks (OBs) that form after a major break of structure (Major BOS). These zones act as liquidity-rich areas, where the price is likely to revisit and react. Depending on the broader market structure, the reaction can lead either to trend continuation or a price reversal.

You can access the Indicator from this link:
https://tradingfinder.com/products/i...oney-setup-02/

You can access the Indicator on the TradingView website:
https://www.tradingview.com/script/O...ajor-OB-Proof/

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Examining the Smart Money Setup 02 Indicator

1. Developed for the TradingView platform
2. Plots demand and supply order blocks based on Smart Money concepts
3. Assists traders in identifying optimal entry and exit points
4. Focuses on liquidity-driven zones formed after a Major BOS

Indicator Categories

1. ICT TradingView Indicators
2. Smart Money TradingView Indicators
3. Supply & Demand TradingView Indicators

Platforms

1. TradingView Indicators

Trading Skills

1. Advanced level

Indicator Types

1. Reversal TradingView Indicators

Timeframes

1. M1–M5 TradingView Indicators
2. M15–M30 TradingView Indicators
3. H1–H4 TradingView Indicators

Trading Style

1. Intraday TradingView Indicators

Trading Instruments

1. Forex TradingView Indicators
2. Cryptocurrency TradingView Indicators
3. Commodity TradingView Indicators
4. Forward Market TradingView Indicators
5. Stock Market TradingView Indicators

Smart Money Setup 02 Indicator at a Glance
The Smart Money Setup 02 plots colored order block zones:

1. Green Boxes → Demand Order Blocks
2. Red Boxes → Supply Order Blocks

Demand Order Block

1. Example: On a 1-minute chart of Cardano (ADA), a demand order block appeared before a Major BOS.
2. Price rebounded upon testing the demand zone, confirming bullish continuation.
3. Indicates strong buyer interest in liquidity-rich areas.

Supply Order Block

1. Example: On a 1-minute chart of Bitcoin (BTC), price dropped sharply after a Major BOS.
2. The supply order block was retested before the bearish trend resumed.
3. This type of interaction offers a favorable opportunity for short (Sell) positions.

Smart Money Setup 02 Indicator Settings
The indicator provides several customization options to adapt to trading preferences.
Logical Settings

1. Pivot Period – Adjusts the calculation of pivot periods.

Display Settings

1. Show Bullish Pattern – Displays bullish setups on the chart
2. Show Bearish Pattern – Displays bearish setups on the chart
3. Color Bullish Pattern – Defines the demand OB color
4. Color Bearish Pattern – Defines the supply OB color
5. Theme Mode – Switches between light and dark backgrounds

Conclusion
The Smart Money Setup 02 Indicator applies Smart Money principles to identify valid order blocks that emerge before a Major Break of Structure. By plotting these supply and demand zones with clarity, the indicator enables traders to:

1. Analyze trend direction
2. Identify potential reversal areas
3. Improve precision in entry and exit points

This makes it a valuable supply and demand tool for professional traders working across Forex, crypto, commodities, and stocks on the TradingView platform.