Smart Money Concepts Engine [Quantum Algo] is a free, open-source Smart Money Concepts (SMC) indicator for TradingView, written in Pine Script v6 and released under the MIT license.
It automatically marks:
- Market structure: Break of Structure (BOS) and Change of Character (CHoCH)
- Order blocks (bullish and bearish)
- Fair Value Gaps (FVGs)
- Liquidity levels and sweeps
How to use: add the indicator from the TradingView public library (search "Quantum Algo"), or copy smart-money-concepts.pine into the Pine Editor and click "Add to chart".
Part of the Quantum Algo free indicator library, covering Smart Money Concepts, price action, classic technical analysis, volume and order flow. Guides, setup walkthroughs and every free script: https://quantum-algo.com/free-indicators/
Source code: https://github.com/quantumalgo-official/smart-money-concepts-indicator
Features
- Market structure: BOS and CHoCH