SMC Trade Confirmations, Risk Rules, and Webhook Automation
Summary
The available excerpt describes a strategy built around market-structure zones, with entry confirmation from candle behavior, volume, RSI momentum, and wick rejection. Inputs set swing detection, ATR-based stop distance and zone buffer, a trend EMA and slope lookback, and an ADX threshold. Traders can configure how long price waits in a zone, select a trigger candle style, and require a minimum number of confirmations. Risk controls include a percentage risk setting, minimum dollar risk, a risk-to-reward target, and a daily trade limit.
The script header indicates JSON alerts are intended for a Node.js webhook, and lists commission, slippage, and pyramiding settings. However, the supplied document cuts off partway through the trade settings section, before the full entry, exit, sizing, or webhook behavior is shown. It provides no backtest results or evidence that the proposed confirmations improve outcomes. As a result, the excerpt conveys the design and configurable components, but is insufficient to assess the complete rules or validate performance.
Key ideas
- The strategy combines structure zones with candle, volume, RSI, and wick-based confirmations.
- ATR settings help define stop distance and a buffer around zones.
- Risk inputs include per-trade risk, a risk-to-reward ratio, and a daily trade cap.
- The excerpt indicates webhook alerts but ends before showing complete execution rules or results.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.