SMC Entry Signals MTF v2

📘 User Guide for the SMC Entry Signals MTF v2 Indicator
🎯 Purpose of the Indicator
This indicator is designed to identify reversal entry points based on Smart Money Concepts (SMC) and candlestick confirmation. It’s especially useful for traders who use:

Imbalance zones, order blocks, breaker blocks

Liquidity grabs

Multi-timeframe confirmation (MTF)

📈 How to Use the Signals on the Chart
✅ LONG Signal (green triangle below the candle):
Conditions:

Price is in a discount zone (below the FIB 50% level)

A bullish engulfing candle appears

A bullish Order Block (OB) or Breaker Block is detected

There’s an upward imbalance

A bullish OB is confirmed on the higher timeframe

➡️ How to act:

Consider entering long on the current or next candle.

Place your stop-loss below the OB or the nearest swing low.

Take profit at the nearest liquidity zone or premium area (above FIB 50%).

🔻 SHORT Signal (red triangle above the candle):
Conditions:

Price is in a premium zone (above FIB 50%)

A bearish engulfing candle appears

A bearish OB or Breaker Block is detected

There’s a downward imbalance

A bearish OB is confirmed on the higher timeframe

➡️ How to act:

Consider short entry after the signal.

Place your stop-loss above the OB or swing high.

Target the discount zone or the next liquidity pocket.

⚙️ Recommended Settings by Trading Style

Trading Style Suggested Settings Notes
Intraday (1–15m) fibLookback = 20–50, obLookback = 5–10, htf_tf = 1H/4H Fast signals. Use Discount/Premium + Engulfing.
Swing/Position (1H–1D) fibLookback = 50–100, obLookback = 10–20, htf_tf = 1D/1W Higher trust in MTF confirmation. Ideal with fundamentals.
Scalping (1m) fibLookback = 10–20, obLookback = 3–5, htf_tf = 15m/1H Remove Breaker and MTF for quick reaction trades.
🧠 Best Practices for Traders
Trend Filtering:

Use EMAs or volume to confirm the current trend.

Take longs only in uptrends, shorts in downtrends.

Liquidity Zones:

Use this indicator after liquidity grabs.

OBs and Breakers often appear right after stop hunts.

Combine with Manual Zones:

This works best when paired with manually drawn OBs and key levels.

Backtest the Signals:

Use Bar Replay mode on TradingView to test past signals.

🧪 Example Trade Setup
Example on BTCUSDT 15m:

Price drops into the discount zone.

A green triangle appears (bullish engulfing + OB + imbalance + HTF OB).

You enter long, stop below the OB, target the premium zone.

🎯 This type of setup often gives a risk/reward ratio of 1:2 or better — profitable even with a 40% win rate.

⏰ Alerts & Automation
Enable alerts:

"SMC Long Entry" — fires when a long signal appears.

"SMC Short Entry" — fires when a short signal appears.

You can integrate this with bots via webhook, like:

TradingConnector, 3Commas, Alertatron, etc.

✅ What This Indicator Gives You
High-probability entries using SMC logic

Customizable filters for entry logic

Multi-timeframe confirmation for stronger setups

Suitable for both intraday and swing trading