SM Zones
- Indicadores
- Arvydas Zukauskas
- Versão: 1.0
Developed according to the principles of smart money management strategies, the SM Zones indicator is a very convenient tool for traders on the MetaTrader 5 (MT5) platform. It graphically displays on the chart all the significant zones used in the SM strategy: market structure, price levels of increased liquidity, "price magnet" zones - imbalances, order blocks, fvg, breaker blocks and mitigation blocks - towards which the instrument's price moves. The zones influencing the bull market are highlighted in shades of green, and the bearish ones - in shades of brown. These levels reflect possible areas of price change, which are often influenced by orders from large institutions and banks. When the price reaches these key zones, it is likely to experience large and rapid movements, which often gives traders insights into how to make the right trading decisions.
This is the first test version of the indicator. Adapted for use on the EURUSD instrument in all time frames.
The charts are most conveniently viewed using light-colored themes. You can create a convenient light theme template and use it for all those frames.