Closed-Bar Smart Money Structure and Trade Setup Filtering

Summary

This document describes a MetaTrader indicator for mapping smart money concepts on price charts. It displays internal and swing structure, break-of-structure and change-of-character events, swing labels, order blocks, fair value gaps, equal highs and lows, liquidity levels and sweeps, price zones, and prior period highs and lows. A multi-timeframe panel summarizes directional bias, while an optional setup panel reports a proposed direction, entry, stop, targets, risk-to-reward, confluence, and any unmet condition.

The setup logic waits for configured conditions on closed bars, such as a liquidity sweep followed by a change of character and a tap into a fresh order block or gap in the appropriate zone, with higher-timeframe agreement. Individual gates can be enabled or disabled. The indicator provides visual analysis and optional alerts but does not place or manage orders. The document offers no performance testing or profitability evidence; its claims are limited to tool behavior, and it cautions that past behavior does not ensure future results.

Key ideas

• The indicator maps market structure, liquidity events, order blocks, fair value gaps, and reference price zones.
• Setup signals require a configurable sequence of conditions, including possible higher-timeframe alignment.
• Signals and structure evaluations use closed candles, according to the document.
• The tool provides alerts and analysis but does not execute trades or establish performance expectations.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.