Free TradingView Indicator by AlgoAlpha — Smart Money & Liquidity
Introducing the Smart Money Breakout Signals, a cutting-edge trading indicator designed to identify key structural shifts and breakout opportunities in the market. This tool leverages a blend of smart money concepts like Break of Structure (BOS) and Change of Character (CHoCH) to provide traders with actionable insights into market direction and potential entry or exit points.
Automatically detects and labels BOS and CHoCH for trend confirmation and reversals.
Tailor bullish and bearish colors for breakout lines and signals to suit your preferences.
Displays three tiered take-profit levels based on breakout volatility.
Stay ahead of the game with notifications for bullish and bearish breakouts.
Monitor signal statistics, including win rates and total signals, directly on your chart.
Add the Indicator : Add the script to your favourites ⭐ and customize settings like market structure horizon and confirmation type.
Monitor Breakouts : Observe BOS and CHoCH labels to identify potential trend shifts. Use the breakout lines and tiered take-profit levels to plan trades effectively.
Set Alerts : Enable alerts for bullish or bearish breakouts to act on opportunities without constant monitoring.
Explore other smart money & liquidity TradingView indicators by AlgoAlpha.
Free on TradingView
Smart Money Breakout Signals is free to use on TradingView. Add it to any chart in seconds.