SMC / ICT: BoS, ChoCh, OrderBlocks, FVG's, FVA's, ST's, rejections, invalidations, ...

[Spin]

Dear fellow Forum-members,

Last summer I sort of fell in love with the beauty of 'Smart Money concepts' and the teachings of 'ICT'.
Coding is my love language (?), so I have written a few Studies for MW to make my 'BoS/ChoCh/OrderBlock'-drawing life easier.
In the past few months this has gotten somewhat out of hand: I also added code for a bunch of other concepts:

• Markers for 'strong' swingpoints: the ones that caused a new High or Low
• Markers for the position last swingpoint was broken
• Is an OB invalidated by the wick or the body of a candle ?
• What level of an OB needs to be reached before it gets invalidated: 0%, 25%, 50%, 75% or 100% ?
• When was an OB rejected ? Did this rejection happen in a single bar, or over two or three bars ?
• Markers on candles that invalidate an FVG
• Do we also want to display 'historical OB's' (that were invalidated in the past) ?
• Where are the ChoCh's located ?
• Did we have a 'Sharp Turn' in the last X bars ?
• Where are the Fair Value Gaps located ?
• Where are the Fair Value Areas located ?
• Does user want to plot the FVG's from higher TimeFrames on this chart, to be able to see where 'nested FVG's' are located ?
• Does user want to plot the OB's from a higher TF on this chart, to be able to see where 'nested OB's' are located ?
• ...

Anyway: I have been getting quite a few 'coding requests' about one or multiple of these concepts lately, so it seems I am not the only one who has a crush ?

I am wondering now whether I should perhaps package all / some of this together and put it up for lease on my site (for a monthly fee)

This finishing & packaging will take some time (what I am using now to trade I do not consider as a 'finished Study' yet; the menus still need polishing), so I am wondering what I should / should not put into it.
Also wondering how big this 'SMC/ICT for MotiveWave'-market is (the MW-team is very sparse with information about numbers of users / licenses)

So I have questions for y'all: please be so kind to fill in the poll above
(ah yes, I set the options so that you can only see the results once you voted. Sneaky me ! Please do not answer if you have no clue what SMC/ICT-concepts are. I will make all results public in a few weeks. Patience is a virtue! ?)

 

[brownboy]

i don't believe lease will be good option, sell it like any other indicators selling motive waves lifetime license.

 

[Thaddeus]

Where can I go to check out this tool?

 

[Spin]

Where can I go to check out this tool?

Still working on it (actually not working on it, because I am drenched in custom-coding work for others). Will finish this in a calmer period

 

[luissantillana33]

This would be very useful. I think a complete package would be my preference. I already use some of these in my trading but having a study that has everything combines and being able to choose what you want on or off would make things a lot easier. Looking forward to seeing this released when you have time to do so.

 

[Allan]

Would love to see more MW indicators to come out!
So yes, go for it!!! Lease or buying.... depends on price and quality ;-)

 

[brownboy]

Any updates with the indicator

 

[Spin]

Any updates with the indicator

I realize all too well many MW-users out there are into SMC/ICT trading: I can tell by the nature and amount of custom coding requests I get .

This one is my first priority to be finished and launched as the next 'VB6.systems'-project.
All I need is 6 more hours in a day

 

[brownboy]

I hope you can finish it ,also if you can add demand and supply zone as there are no out there for motivewave

 

[hemant]

I realize all too well many MW-users out there are into SMC/ICT trading: I can tell by the nature and amount of custom coding requests I get .

This one is my first priority to be finished and launched as the next 'VB6.systems'-project.
All I need is 6 more hours in a day

any update on SMC project ?

 

[Traders-Table]

Ive also built a SMC/OrderBlocks indicator. Mine has options so you can determine how your Order Block should be formed... ie - what you consider a OB. So you can customize it to your own requirements. Plus you can use OBs that caused a FVG to only be displayed. It also can display the delta that caused the order block, and highlights it in yellow if it was high delta. It can use a ATR move before considering it an orderblock. You can marry it with custom times... ie initial balance for eaxample, to only show OBs that line up with those times. And much more.

 

[rctrader]

Ive also built a SMC/OrderBlocks indicator. Mine has options so you can determine how your Order Block should be formed... ie - what you consider a OB. So you can customize it to your own requirements. Plus you can use OBs that caused a FVG to only be displayed. It also can display the delta that caused the order block, and highlights it in yellow if it was high delta. It can use a ATR move before considering it an orderblock. You can marry it with custom times... ie initial balance for eaxample, to only show OBs that line up with those times. And much more.View attachment 2876

Do you have a copy of this that you are selling by any chance?

 

[Traders-Table]

Do you have a copy of this that you are selling by any chance?

im just finalizing it and it will be released in the next day or so... Ill update as soon as it is ready on the thread i made about it in the general category.