OPEN-SOURCE SCRIPT
Smart Money Flow
This script detects where "smart money" might be flowing by analyzing:
Volume Spikes: Highlights significant increases in trading volume.
Price Imbalances: Identifies sharp upward or downward moves indicating potential institutional activity.
Smart Money Zones: Marks zones where buying or selling from institutional traders is likely.
Features:
Buy and Sell Labels: Visual indicators on the chart for smart money activity.
Zone Highlighting: Background color changes for visual emphasis on potential zones.
Alerts: Configurable alerts for buy and sell zone detection.
You can further fine-tune the thresholds to match your trading style or asset-specific behaviors. Let me know if you need further adjustments or additional features!
Volume Spikes: Highlights significant increases in trading volume.
Price Imbalances: Identifies sharp upward or downward moves indicating potential institutional activity.
Smart Money Zones: Marks zones where buying or selling from institutional traders is likely.
Features:
Buy and Sell Labels: Visual indicators on the chart for smart money activity.
Zone Highlighting: Background color changes for visual emphasis on potential zones.
Alerts: Configurable alerts for buy and sell zone detection.
You can further fine-tune the thresholds to match your trading style or asset-specific behaviors. Let me know if you need further adjustments or additional features!
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.