Submit by Joy22 2025

In this article I present a technique based on the breakout of the BOS area of the analytical structure of the SMC market. The indicators I use are:
Smart Money Breakout by Algo Alpha;
Smart Money Breakout by Chart Prime.
The difference between the two indicators is that the first has a more aggressive setup, the second is customized with more information, statistics, profit levels or stop. You can use one or the other as you prefer.

Setup

• Platform: TradingView

• Indicator: Smart Money Breakouts [ChartPrime or algoAlpha]

• Time Frame: Works best on intraday and higher timeframes (15M, 1H, 4H, Daily).

• Assets: Forex, Commodities, Indices, Crypto, and Stocks.

• Inputs:

  • Swing Length: Defines the time horizon for market structure analysis (default: 20).

  • Risk-to-Reward Ratio: Adjustable for each trader’s risk appetite (default: 1.1).

  • Stop-Loss Type: Choose between SL activation on candle close or on price exceeding the high/low.

  • Breakout Confirmation: Options for using candle wicks or body for breakout detection.

Trading Rules

1. Buy Setup (Long Entry):

• Conditions:

  • A swing high is broken by the price.

  • Volume analysis confirms bullish strength (green bar ratio exceeds 55%).

• Execution:

  • Enter a long trade when the breakout occurs.

  • Place the stop-loss (SL) just below the recent swing low (or adjust using the ATR-based SL calculation).

  • Set take-profit (TP) using the predefined RR ratio (e.g., 1.1x, 2x, or 3x the risk).

2. Sell Setup (Short Entry):

• Conditions:

  • A swing low is broken by the price.

  • Volume analysis confirms bearish strength (red bar ratio exceeds 55%).

• Execution:

  • Enter a short trade when the breakout occurs.

  • Place the SL just above the recent swing high (or adjust using ATR-based SL calculation).

  • Set TP based on the RR ratio.

3. Exits (Trade Management):

• Take-Profit (TP):

  • Partial TPs can be taken at each level (e.g., 1x, 2x, or 3x the risk).

  • The system automatically plots the TP level on the chart for visualization.

• Stop-Loss (SL):

  • SL can either trigger upon price hitting the high/low or closing beyond it, based on user preferences.

Key Features of the Indicator

1.  

2. Risk-to-Reward (RR) Optimization:

   • Offers customizable RR ratios, ensuring each trade aligns with the trader’s strategy.

3. Automated Trade Levels:

   • Dynamically plots TP and SL levels for seamless trade management.

4. Market Structure Visualization:

   • Clearly marks breakout levels and distinguishes between CHoCH (Change of Character) and BOS (Break of Structure).

5. Alerts and Statistics:

   • Real-time alerts for buy and sell signals.

   • Displays winning and losing trades in a table format for performance tracking.

Final Considerations

The Smart Money Breakouts indicator simplifies the trading process by combining market structure with volume analysis and TP/SL automation. While it provides precise levels for trading, it’s crucial to incorporate additional market context, such as trend direction and higher-timeframe analysis, for enhanced decision-making.

Always backtest and practice on a demo account before applying this strategy in live markets. Risk management remains critical; never risk more than you are willing to lose.

Note: Every now and then but very rarely there are signals that are not in trend can be detected with this moving average, download attached setting (21, 50)

Trade Smart, Stay Disciplined!

TradingView Directory Strategies

Submit by Angelo M. 04/04/2017

Daniela forex indicator with ATR is and daily strategy price action.

If today's indicator indicator ATR (2) is more than its previous value for yesterday's trading day, and the yesterday's value of the indicator ATR (2) is less than the day before yesterday its same value. And the closure of today's candle is less than its opening.

If these conditions are met, then you need to place a pending Sell Sell order below today's minimum price + the spread value of the selected Forex pair. For simplicity, these days (below which you want to place an order) will be highlighted in the graph with a red arrow.

Insurance - stop-loss place at minimum (for transactions to buy) or a maximum (for transactions for sale) of today's candle.

If the pending orders are not activated before the next day, you need to delete them!

As soon as the profit on the transaction is +50 pips, it is necessary to transfer the stop-loss to the break-even level +10 points. Further - at will: or use a trailing stop at a distance of minimum +40 - +50 points (depending on the selected currency pair) or close the deal on stop-loss (positive, well, or negative).

Also, the transaction can be closed by the opposite signal (in a few days) or at the end of the trading day.

I-daniella is an indicator that recalculates but on daily time frames there are no problems.

The advantage of this strategy action strategy is that it takes a few minutes a day.

Daniela forex indicator with ATR can also be used for trading with high / low binary options. Expiry time of the day or two daily candles.

In the pictures Daniela forex indicator with ATR in action.

Share your opinion, can help everyone to understand the forex strategy.