OPEN-SOURCE SCRIPT
Mamba Protocol: VIPER + SMC (Dash v2)
Here is the English translation, ready to copy and paste into the TradingView description box:
🐍 MAMBA PROTOCOL: VIPER + SMC (LuxAlgo Mod)
Developed by: Pink Central (Mamba Rosa)
Base Code: Smart Money Concepts by LuxAlgo
This indicator is an Institutional Trading Suite designed to operate under the VIPER strategy. It combines the precision of Smart Money Concepts (SMC) with a market trend and strength detection engine, allowing you to identify high-probability entry points and avoid dangerous ranging markets.
🚀 KEY FEATURES:
1. Market Structure & SMC (Smart Money Concepts):
Order Blocks (OB): Automatic visualization of supply and demand zones with real-time mitigation.
Fair Value Gaps (FVG): Detection of market inefficiencies for potential rebalancing.
Structure (BOS / CHoCH): Automatic identification of Break of Structure and Change of Character.
Premium & Discount Zones: Visually indicates if the price is "expensive" (Premium) to sell or "cheap" (Discount) to buy.
2. VIPER Trend Engine:
Ranging/Choppiness Detection: The chart background turns Gray/Silver when ADX is low, indicating that trend continuation strategies should NOT be traded.
Institutional SMAs: Simple Moving Averages of 50 and 200 periods to define the macro trend (Golden Cross / Death Cross).
3. Control Dashboard (Info Panel):
Market Status: Indicates "TRENDING" or "RANGING" based on ADX strength.
Dynamic RSI: Real-time overbought/oversold monitoring.
Price Zone: Visual alert indicating if you are operating in a Premium or Discount zone.
⚙️ HOW TO USE (Mamba Strategy):
Identify Trend: Check the SMAs 50/200 and background color. If gray, wait.
Wait for the Sweep: Look for Order Block formations or liquidity grabs (High/Low).
Confirm Entry: Use the Dashboard to validate strength (ADX > 20) and direction.
Execute: Enter on the retest of an OB or FVG in favor of the main trend.
🐍 MAMBA PROTOCOL: VIPER + SMC (LuxAlgo Mod)
Developed by: Pink Central (Mamba Rosa)
Base Code: Smart Money Concepts by LuxAlgo
This indicator is an Institutional Trading Suite designed to operate under the VIPER strategy. It combines the precision of Smart Money Concepts (SMC) with a market trend and strength detection engine, allowing you to identify high-probability entry points and avoid dangerous ranging markets.
🚀 KEY FEATURES:
1. Market Structure & SMC (Smart Money Concepts):
Order Blocks (OB): Automatic visualization of supply and demand zones with real-time mitigation.
Fair Value Gaps (FVG): Detection of market inefficiencies for potential rebalancing.
Structure (BOS / CHoCH): Automatic identification of Break of Structure and Change of Character.
Premium & Discount Zones: Visually indicates if the price is "expensive" (Premium) to sell or "cheap" (Discount) to buy.
2. VIPER Trend Engine:
Ranging/Choppiness Detection: The chart background turns Gray/Silver when ADX is low, indicating that trend continuation strategies should NOT be traded.
Institutional SMAs: Simple Moving Averages of 50 and 200 periods to define the macro trend (Golden Cross / Death Cross).
3. Control Dashboard (Info Panel):
Market Status: Indicates "TRENDING" or "RANGING" based on ADX strength.
Dynamic RSI: Real-time overbought/oversold monitoring.
Price Zone: Visual alert indicating if you are operating in a Premium or Discount zone.
⚙️ HOW TO USE (Mamba Strategy):
Identify Trend: Check the SMAs 50/200 and background color. If gray, wait.
Wait for the Sweep: Look for Order Block formations or liquidity grabs (High/Low).
Confirm Entry: Use the Dashboard to validate strength (ADX > 20) and direction.
Execute: Enter on the retest of an OB or FVG in favor of the main trend.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.