OPEN-SOURCE SCRIPT
MT Trading Smart Money
MT Trading 'Smart Money'
MT Trading SM is a market analysis tool based on Smart Money Concepts, designed to identify market context, probable price scenarios, and a structured trading plan — without generating direct buy or sell signals.
The indicator does not try to predict exact price movements or force entries.
Its purpose is to guide the trader’s decision-making process by clarifying what the market is most likely to do next and under which conditions a trade makes sense.
🔹 What the indicator does
Determines swing market context (bullish / bearish / neutral)
Analyzes market structure (BOS / CHoCH)
Tracks relevant swing order blocks
Evaluates whether price is within Smart Money areas of interest
Provides contextual trade planning, not signals
🧠 Bias / Scenario / Plan Dashboard
Instead of entry signals, the indicator displays an analytical dashboard:
Bias — probable market direction
Scenario — what price is likely to do next
Plan — how the trader should react
Example:
Bias: BEARISH ↓
Scenario: Pullback expected
Plan: Wait for price to return to premium zone and confirm structure
⚠️ Important Notes
No take-profit or risk-reward calculations
No forced entries without structure confirmation
Designed for discipline and patience, not impulsive trading
Best used alongside price action and proper risk management
🎯 Who this tool is for
Traders using Smart Money Concepts
Those who want clarity over prediction
Traders focused on structure and zones, not indicators
Traders who value planning over frequency
🧠 Core Philosophy
Not trading is also a valid decision.
This tool helps identify when the market offers no real advantage and prevents unnecessary trades.
MT Trading SM is a market analysis tool based on Smart Money Concepts, designed to identify market context, probable price scenarios, and a structured trading plan — without generating direct buy or sell signals.
The indicator does not try to predict exact price movements or force entries.
Its purpose is to guide the trader’s decision-making process by clarifying what the market is most likely to do next and under which conditions a trade makes sense.
🔹 What the indicator does
Determines swing market context (bullish / bearish / neutral)
Analyzes market structure (BOS / CHoCH)
Tracks relevant swing order blocks
Evaluates whether price is within Smart Money areas of interest
Provides contextual trade planning, not signals
🧠 Bias / Scenario / Plan Dashboard
Instead of entry signals, the indicator displays an analytical dashboard:
Bias — probable market direction
Scenario — what price is likely to do next
Plan — how the trader should react
Example:
Bias: BEARISH ↓
Scenario: Pullback expected
Plan: Wait for price to return to premium zone and confirm structure
⚠️ Important Notes
No take-profit or risk-reward calculations
No forced entries without structure confirmation
Designed for discipline and patience, not impulsive trading
Best used alongside price action and proper risk management
🎯 Who this tool is for
Traders using Smart Money Concepts
Those who want clarity over prediction
Traders focused on structure and zones, not indicators
Traders who value planning over frequency
🧠 Core Philosophy
Not trading is also a valid decision.
This tool helps identify when the market offers no real advantage and prevents unnecessary trades.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.