OPEN-SOURCE SCRIPT

DonAlt - Smart Money Toolkit [BigBeluga]

DonAlt - Smart Money Toolkit is inspired by the analytical insights of popular crypto influencer DonAlt.
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This advanced toolkit integrates smart money concepts with key technical analysis elements to enhance your trading decisions.

🔵 KEY FEATURES:
  • SUPPORT AND RESISTANCE LEVELS Automatically identifies critical market turning points with significant volume. Levels turn green when the price is above them and red when below, providing a visual cue for key market thresholds.
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  • ORDER BLOCKS: Highlights significant price zones preceding major price movements.
    - If the move is down, it searches for the last bullish candle and plots a block from its body.
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    - If the move is up, it searches for the last bearish candle and creates a block from its body.
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    These blocks help identify areas of institutional interest and potential reversals.
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  • TRENDLINES: Automatically plots trendlines to identify breakout zones or price accumulation areas.
    Bullish trendlines accumulation form when the current low is higher than the previous low.
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    Bearish trendlines accumulation emerge when the current high is lower than the previous high.
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    Bullish trendlines Breakout form when the price break above it.
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    Bearish trendlines Breakout form when the price break below it.
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  • Volatility Integration: The levels incorporate normalized volatility to ensure only significant zones are highlighted, filtering noise and emphasizing meaningful data.
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🔵 WHEN TO USE:
This toolkit is ideal for traders seeking to align with "smart money" strategies by identifying key areas of institutional activity, strong support and resistance zones, and potential breakout setups.


🔵 CUSTOMIZATION:
  • Toggle the visibility of levels, order blocks, or trendlines to match your trading style and focus.
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  • Colors of the Bull and Bear key features
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  • Extend trendline
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Chart patternsdonaltorderblocksPivot points and levelssmartmoneysmartmoneyconceptssupportandresistancezonessupportandresitanceTrend Analysistrendlineanalysistrendlinetrading

Script open-source

In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.

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