Smart Money Setup 04 – Indicator for TradingView [TFlab]

The Smart Money Setup 04 Indicator is a powerful TradingView tool designed for traders who follow the ICT methodology. By combining the Three Drive Pattern with Order Blocks, this indicator highlights high-probability trade setups and institutional reversal zones, making it an excellent addition to any smart money trading strategy.


You can access the Indicator from this link:

https://tradingfinder.com/products/i...oney-setup-04/

You can access the Indicator on the TradingView website:

https://www.tradingview.com/script/t...e-Harmonic-OB/


Prop Firm DrawDown Protector : Prop Firm Capital Protection Expert MT4 | Forex Money Management: Forex Trade Management Expert MT4 |ICT Concepts Indicator MT4 | Smart Money Concepts Expert MT4| Smart Money Trap Scanner | Get a free Expert Advisor license via Telegram and WhatsApp



Why Use Smart Money Setup 04?

This indicator overlays Order Blocks and Three Drive Patterns directly on your chart, giving traders actionable, high-precision signals. It is designed for those who combine price structure analysis with institutional trading concepts to refine both entries and exits.


The Indicator Identifies:

1. Bullish setups: Bullish Order Blocks followed by Three Drive bullish reversals.
2. Bearish setups: Bearish Order Blocks followed by Three Drive bearish reversals.

This dual confirmation system increases signal reliability and allows traders to capitalize on both trending and reversal opportunities.


Key Features

1. Detects Three Drive Patterns across multiple timeframes.
2. Highlights Demand (Bullish) and Supply (Bearish) Order Blocks automatically.
3. Provides visual trade signals for clean entry confirmation.
4. Compatible with Forex, Stocks, Indices, and Cryptocurrencies.
5. Flexible enough for scalping, intraday, and swing trading strategies.

Example Setups

Bullish Example – GBP/JPY (15m)

1. A Bullish Order Block formed.
2. Price tested the zone and created a Three Drive bullish reversal.
3. A strong upward move followed, confirming a high-probability long entry.

Bearish Example – USD/JPY (5m)

1. A Bearish Order Block was detected.
2. Price reached the supply zone and formed a Three Drive bearish pattern.
3. The market reversed sharply, validating a short setup.

Customizable Settings

The Smart Money Setup 04 Indicator includes user-friendly settings to suit different trading styles:

1. Three Drive Sensitivity: Adjust pivot periods for pattern accuracy.
2. Color Settings: Customize Demand Zone (bullish) and Supply Zone (bearish) highlights for easy visualization.

Conclusion

The Smart Money Setup 04 Indicator merges ICT’s Order Block concepts with the Three Drive Harmonic Pattern, creating a unified system that pinpoints institutional trading zones with precision. Whether you’re a Forex trader, crypto investor, or stock trader, this tool offers the confidence to identify smart money footprints, trend reversals, and strategic entries with clarity.