DonAlt - Smart Money Toolkit [BigBeluga]

Dec 9

DonAlt - Smart Money Toolkit is inspired by the analytical insights of popular crypto influencer DonAlt.

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.
  
  - If the move is up, it searches for the last bearish candle and creates a block from its body.
  
  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.
  
  • Bearish trendlines accumulation emerge when the current high is lower than the previous high.
  
  • Bullish trendlines Breakout form when the price break above it.
  
  • 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.
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🔵 CUSTOMIZATION:

• Toggle the visibility of levels, order blocks, or trendlines to match your trading style and focus.
  
• Colors of the Bull and Bear key features
  
• Extend trendline