Smart Money Entries Using Structure Breaks and Fair Value Gaps

Summary

This strategy script combines price-structure signals with fair value gaps and higher-timeframe price areas. It marks bullish and bearish breaks when price closes beyond a recent range, and flags a change of character when the break follows a move beyond an earlier range. It also highlights gaps, recent supply and demand extremes, and adjacent equal highs or lows as possible liquidity references. A higher-timeframe range can be displayed as an area of interest.

Entries require a structure break, alignment with a fair value gap, and a price condition relative to the higher-timeframe range. The script also marks session periods, selected opening hours, and a manually configured news time. These features provide chart context, but the document supplies no backtest results, exit rules, or evidence for the claimed setup quality. Some displayed concepts are not integrated into the entry conditions, and the shown higher-timeframe checks do not themselves demonstrate a retest. The approach should be treated as an indicator-based prototype whose definitions and execution behavior need validation.

Key ideas

• Recent highs and lows define bullish and bearish structure breaks.
• Fair value gaps and higher-timeframe ranges add context to the entry filters.
• Long and short entries require a structure break, a matching gap, and a higher-timeframe price condition.
• The script marks supply and demand extremes, equal highs and lows, sessions, and a manually selected news time.
• The excerpt shows no exit logic or performance evidence, and several chart annotations do not directly filter entries.

Tags

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