Smart Money Setup 03 Indicator TradingView: Boost Your Strategy

Based on the Stop Hunt strategy, the Smart Money Setup 03 Indicator is a tool developed for TradingView. It is designed to identify short-term market movements and opportunities by aligning with smart money behavior. The indicator, which is rooted in liquidity concepts, the ICT trading methodology, and the Smart Money strategy, plots minor order blocks when a stop hunt occurs and the price breaks a minor pivot level.

You can access the Indicator from this link:

https://tradingfinder.com/products/i...oney-setup-03/

You can access the Indicator on the TradingView website:

https://www.tradingview.com/script/y...B-Trend-Proof/

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Understanding the Smart Money Setup 03 Indicator
This indicator is specifically engineered to help traders identify short-term trading opportunities based on the behavior of institutional traders, often referred to as "smart money." By identifying key liquidity zones, the indicator enables traders to anticipate potential trend reversals.

Key Features of the SMC Setup 03 Indicator

1. Indicator Categories: The indicator falls under several categories, including ICT TradingView Indicators, Smart Money TradingView Indicators, and Supply & Demand TradingView Indicators.

1. Platform: It is exclusively available for the TradingView platform.

1. Skill Level: The indicator is best suited for traders with advanced trading skills.

1. Indicator Type: It is a Reversal TradingView Indicator.

1. Timeframes: It is effective across a range of timeframes, from M1-M5, M15-M30, to H1-H4.

1. Trading Style: It is primarily used for Intraday Trading.

1. Trading Instruments: The indicator is applicable to various markets, including Forex, Cryptocurrency, Stocks, and Commodities.

Practical Application with the Smart Money Setup 03 Indicator
The indicator plots minor order blocks using blue and yellow boxes, which represent high liquidity areas. A potential trend reversal can be anticipated when the price revisits these levels.

Minor Demand Order Block
An analysis of Solana (SOL) on a 1-minute chart demonstrates a typical setup. A Minor Demand Order Block (OB) forms in the same range after a stop hunt on a minor pivot. Following this, the price retraces to the demand OB, reacts to the zone, and then continues its upward movement.

Minor Supply Order Block
A similar pattern is observed on a 5-minute Bitcoin (BTC) chart. A stop hunt on a minor pivot leads to the formation of a Supply Order Block. The price moves down, retraces to the supply OB, and encounters selling pressure before resuming its downtrend.

Indicator Settings
The indicator has a settings panel that allows for customization. A key setting is the Pivot Period, which defines the calculation period for the pivot levels used in the strategy.

Conclusion
The Smart Money Setup 03 Indicator is a powerful, liquidity-based tool for traders who utilize ICT and SMC trading strategies. By plotting Minor Order Blocks, it helps to visualize areas of high liquidity and identify potential trend reversals, making it a valuable asset for advanced intraday traders on the TradingView platform.