SMC Breakout Entries with Session and Liquidity Filters

Summary

This script pairs a time-of-day filter with liquidity and breakout conditions to enter long or short trades. It defines a liquidity event as price exceeding a prior 30-bar high or falling below a prior 30-bar low, then requires a close crossing the preceding 15-bar high or low. Trades are limited to configured UTC+3 sessions when the session filter is enabled. The source also sets a fixed loss distance and a profit distance derived from a configurable reward-to-risk ratio, and displays a small dashboard with session status, win rate, recent profit and loss, and signal readiness.

The accompanying description claims additional features, including order-block detection and fixed-percentage dynamic sizing, but those are not used in the visible entry and sizing logic. It gives performance figures for an optimized test without enough detail to assess the sample, costs, or robustness; those figures should be treated cautiously. The document’s marketing language does not establish that the rules identify institutional activity or will perform similarly in live trading.

Key ideas

• Entries require a prior-range liquidity break and a shorter-range breakout in the same direction.
• A configurable session window can restrict when trades are allowed.
• The source defines a fixed loss distance and a profit distance tied to a reward-to-risk setting.
• The dashboard reports selected strategy statistics and current signal status.
• Published performance claims are not accompanied by enough testing detail to establish robustness.

Tags

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