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). It is designed to highlight potential trend reversal areas by detecting two consecutive Order Blocks (OBs) formed after a Break of Structure (BOS). Tailored for traders following 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/

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

Key Features

1. Detects Breaks of Structure (BOS)
2. Automatically plots two consecutive 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

Entering Buy Trades

The indicator generates Buy setups when price retraces into a Double Order Block zone formed after two successive BOS events.
Example:

1. On a 15-minute Silver CFD chart, a gray OB appears after the first BOS.
2. A second BOS creates another OB before price revisits the initial zone.
3. The overlapping OBs form a high-probability Buy zone.

Trading Insight:

A pullback into the Double OB zone provides an optimal entry for long positions, signaling a likely bullish continuation.

Entering Sell Trades

For bearish conditions, the indicator marks Sell setups when consecutive OBs form after repeated BOS events.
Example:

1. On a 15-minute USD/JPY chart, multiple BOS events generate two distinct OBs.
2. These overlap to form a Double OB resistance zone.
3. Price retracing into this zone signals a potential Sell opportunity.

Trading Insight:

This bearish setup aligns with Smart Money liquidity principles, targeting zones where institutional orders may reverse price action.

Indicator Configuration

Customizable Settings:

1. Pivot Period: Controls the structure of OB formation and BOS detection.

The user-friendly TradingView interface allows easy adjustments, making the indicator adaptable to various markets and timeframes.

Conclusion

The Smart Money Setup 01 Indicator is a powerful addition to any SMC or ICT-based trading strategy. By plotting two consecutive Order Blocks triggered by BOS, it highlights key liquidity areas and potential reversal points.

These Double OB zones often coincide with institutional trading behavior, offering a strong strategic edge for both Buy and Sell setups. Traders seeking to refine their liquidity-based trading will find this indicator valuable for:

1. Spotting precise reversal opportunities

2. Managing risk-to-reward ratios

3. Improving trade accuracy on TradingView