🌟SMART MONEY CONCEPTS INDICATOR | LUX ALGO | SUPPLY AND DEMAND TRADING
HTML-код
- Опубликовано: 4 дек 2022
- Get My 🌟FREE Ebook | www.smartmoneytrader.co/ebook
MASTER PATTERN TRADING COURSE - www.smartmoneytrader.co/maste...
In this video I will walk you through a FREE smart money indicator that can be very helpful and save you time. I will also go though all the components and go onto a live chart and show you all the settings and how they engage in the market.
MUST KNOW THIS ABOUT, SMART MONEY CONCEPTS.
- MARKET STRUCTURE
- BOS | CHOCH
- FAIR VALUE GAPS | IMBALANCES
- EQL LOWS & EQL HIGHS | LIQUIDITY
- ORDER BLOCKS
My name is Seth, on this channel, I help traders become successful by teaching institutional | SMC | smart money concepts tactics and supply and demand strategies
What the 1% DONT tell you, you will find on my channel.
Subscribe to stay connected to top quality SMC content.
🐺Subscribe - bit.ly/smartmoneyconcepts
#smartmoneyconcepts #supplyanddemandtrading #smc #forex
![Oscar Maydon x Junior H - Volver Al Futuro [Official Video]](http://i.ytimg.com/vi/sa52xabMSB8/mqdefault.jpg)
Bravo! This one of the all time best videos I've seen on explaining chart patterns and the story behind what's happening in the market. Thank you so much producing this content.
I love trading consistently because I'm always making withdrawal from the stock markets
Learning/Knowing the secret behind the stock market price movement is the best way to become a millionaire
Alright
Stocktradercoach is currently teaching individuals how to become successful from the stock markets and learning the secret behind the stock markets is everything you need to know to get started.
He is very active on Tele Gram.
Thanks for your comment, I appreciate it!
Used it today, it constantly updates order blocks. It's helped with figuring out better structure for me on how to find the proper lows to watch for BOS and CHOCHS which lead to higher quality OB's to watch for.
Yes it really take the guess work out of the equation so you can see the structure nicely
I’m usually a volume, PA and pivot points guy but this indicator sure does help. Marking thise imbalance and seeing it land right into a monthly, quarterly or yearly pivot is all the confluence I need to take a trade.
I know it really does make it easy and quick, especially if you on a HTF then jump to a lower time frame really easy to see the market structure. All the best using it :)
wow..this may be the best one ive seen so far...hope it works out for us
I think it will I been testing it out for a few days and it's really the best SMC indicator ive played with
wow thank you for sharing!
It's my pleasure 🙏💯
Bro i will never forget u in my Life
Thank you bro 💯💯 I'll never forget your kind words
Thank You So muchh❤❤❤❤
Its my pleasure
Best clip explains SMC.
Thank you 😀
very clear and useful!
💯I'm happy to hear this 🙏😀
you gave me hope about trading smart money concept very clear content and I like BTC examples
Good news 🙏 I'm happy to hear , I will do alot more BTC examples and other crypto coins too
Be aware that the Premium and Discount levels change/repaint as Price moves. However still gives a useful zone if it coincides with an order block.
Yes thats true, still gives an idea of where its located for people who not sure how it works just yet
A premium and discount level either posted by indicator or manually plotted must change bro. Because price is always on the move as it takes away structures.
The indicator is very good.
@@ayoajayi100 such a good SMC indicator, makes things super excited easy
It does not repaint. The zones have to change as price changes.
Told you it was great 😉 glad you checked it out! Waiting on that rules release video lol
You were right! It's such a epic smc indicator. I'm almost finished the rules based video 😀lol
@@smart-money-trader hell yeah! Can't wait for it's release. How long have you been trading,if you don't mind me asking? I'll be printing the rules out and laminate them when you release the video! Glad to hear you like the smc indicator. My only problem with it is figuring how to use it in the right way and become profitable lol
@@smart-money-trader wow! Pls share. Would love to follow how u trade consistently
@@speedracer87 i agree too. Been having a hard time trading consistently
Recently installed "Smart Market Structure Concepts" indicator on MT5 and this video offers the clearest explanation in understanding how to use it. Thanks for taking the time to share.
I'm very happy to hear this, thanks for your comment 💯
Can you share me the mt5 indicator please?
Hello bro. I am SMC trader with years of experience , After seeing this video here. I have tried and tested the indicator with the way i trade smc. It works pretty well bro. If am permitted , plus a good channel to communicate it, i can explain one of the good or best way to use the indicator. Thanks
Yes I agree its a good indicator, yes I think you must make a video to share how you use it with success , good idea :)
@@smart-money-trader ok bro. When i made the video. I will let you know and send it to you first for review.
@@ayoajayi100 Yes that's good, I would love to see, also maybe start your own youtube trading channel many people are interested to learn smc, the best way to learn is to teach :)
How far bro . Did you eventually made the video. If yes kindly share the link to it , just checked your channel couldnt see it
@@akoredeshalewa5543 I do but later deleted it because I did not know how to send it to him to check.
But I use it as my strategy
I like this guy.
Thanks :)
Finishing up your content. Thank you for your effort providing this knowledge! Feeling way more confident taking trades.
Question: How many coins/tokens do you follow? Is it unhealthy following 20+? What's the best number? And what type of coins/tokens are best to follow? Higher volume, high MarketCap?
I'm super happy to hear that! If you follow too many it can create confusion because you looking at too many, I find this personally. The best coins are a higher volume market cap for sure.
What I do when I look for coins to trade, is I only trade the biggest movers of that day or two. Because you want to trade where there is liquidity.
So I pick the coins that have moved the most that day, and I only focus on one coin at a time. That way I can give it all my attention and make sure i get the best entry with it. I look for coins that have moved more than 10 percent in a day or more. I am looking for volatility because the worst is to trade coins that move like snails...lol
Thank you
You're welcome :)
I feel like I’m on the right side of the market more often than not, you’re absolutely right about the price cycle, in correlation with vpvr and this indicator, I look at the market differently now and understand it more, I’m taking around 10% per day using 3x etf + inverse 3x etf, so yeah I really appreciate what you’re doing.
That's exactly how I started to feel when I discovered these concepts, really opened my eyes , its almost like the language of the market and the better you know it the more you can recognize the behavior of the market and how its moving, its definitely not randomness. All the best your results, sounds fantastic!
I would like to know if you can review the new Sonarlad V2 SMC indicator?
I have tested it extensively I have a paid version of it, but I am not using it, the lux algo indicator which is basically the same thing and all you really need to trade smart money concepts. It would be super similar to this lux review though as they have pretty similar features
what tf is best That it has accurate primted the bos and ChOch on it or it is Accurate on all tfs?
Its accurate on all time frames, plots it out really good, such a cool tool
If you're placing trades on the 5 min time frame which higher time frame should you use to mark out the order blocks?
If you enter on the 5min you can mark out the order blocks on the 4H / 2H I have found that to be a sweet spot, leme knw how it goes 💯
This video is awesome. And love the way you teach. I am new in this forex game. And think it is hard draw an find my key levels. Do you think you can make an other video with those to indicator. A video where you go in depth and how you find entry's and why you take those trades. That would be awesome...... I think I asked for to much 🙄
Yes I can do it, I'll to add it to my video list and h you
Your charts very clean. Can you share your settings?
Hi, in the beginning of the video I shared the exact setting that I am using, have a look and leme know if it works :)
There are to many order block areas. Would it be ok to turn off the internal ones and just use the swing ones? I like to enter on the one hour mainly. I could mark off the swing ones and then go down to one hour to look for entries. Or am I losing to much by doing that? What HTF should I focus on for blocks if I am looking to enter on H1?
Yes that's a good idea, i sometimes also do that. If you looking to enter on the 1hr you should look at the 12h/daily time frames. The rule of thumb is that there must always be a good space between the entry time frame and the time frame where you select your blocks from. The best order blocks are found on the higher time frames I always look at the daily and 4hr then enter on the 15min/ 5min. All the best
@@smart-money-trader Does this indicator "repaint"? In other words, when are the order blocks drawn? Are they drawn "after the fact" after price reacts off of a retest of an area or before?
@@FuturesBrizio its a non repaint indicator, i also checked that
If I want to turn off one of the order blocks, which one should I turn off? Which one is the most important to use?
Hallo hope you doing great thanks for the great teachings. how can i get the indicator?😭😭😭 i wat i want it please
If you have tradingview its a free indicator you can add and use, leme know if you need more help to find it, the video shows you how to load it in trading view too
Is this pretty much the same as the Premium Price Action Concept? It has almost all the stuff that is on the subscription premium version?
Its pretty much the same thing, there is no need to pay a subscription when its for free :)
When you use Volume Profile, how many days do you typically include? 10? 20?
I usually only include 1 days worth of information 💯
Do you recommend for beginners? I'm still learning Smc/Ict. I'm new to this indicator and can't find much backtest related to this indi. Hope you can help. By the way, your Smc playlist are great 👍
Yes, absolutely, Its a great way to learn how to plot the elements on your chart correctly until you know it really good. Thanks for the idea , Ill put it on my ideas list to make a video on back testing with it
Lekker!!!
Havent heard that word on here before , makes me feel at home :)
my sir 🙏🏻🙏🏻❤️❤️❤️❤️
Greetings :)
Which timeframe is good for accurate results in this indicator?
The higher the timeframe the more accurate the results if you stick to a daily . h12 thats a very solid timeframe to work from
It would be great if u could make a real time use video, while day trading. Thanks. And kudos for your effort
agree, please make a deep dive video/tutorial on this indicator.. also, respect to ur effort!
Hi, thanks for your feedback I will put that on my list of videos to make and will be coming soon
Sweet, done deal ill def make one for you guys
I prefer to read the market without any indicator but if you believe this indicator help beginners, maybe you can test it out on live market and make a video about that! Just a thought.
Yes I hear you, I believe this can help people understand SMC and where to plot everything but I don't think it should be a crutch. Thanks for the suggestion that's a good idea!!
May i have the mt5 version?
I dont know if there is a MT5 version as I only use trading view have a look maybe you will find it there
SonarLab Smc Vs Lux Algo Smc Premium?
Sonarlab has a few extra features compared to the Lux Algo SMC , but Lux smc is all you need for SMC and it's free💯
:o
bless you man, figured out that the system was drawing almost the same order blocks as me but a little more accurate ! always good to have more odds in your favor,
now more time to focus on psycholog and risk managment !
:)
Yes fully agree with you! All the best
Twitter?
I dont have a twitter just focusing on youtube for now and maybe branch out in the future
Thanks for all your time, efforts and continuous support !
This is my 3.5 years struggle with Forex.
i am Working in kuwait and always lose on Gold and lost so much due to trusting many scamsters and then useless idiot trading account managers and my own mistakes.
Please need your help as i lost so far $380,000+ through various scamsters and my own mistakes.
Please help and guide me to grow account, so i can re-pay bank loans and leave to my country india . 🙏🤲😭😰
*am strucked in Kuwait country due to losses and scams and did not go my country since 3.5 years and miss my Mom and children*.
Appreciate to talk once you get time.
Thanks & Regards
I understand your sitution I also lost alot for a long time, its the price you pay to become a good trader and will be worth it in the long run for sure. I would never trust anyone with your money ever. If you watch all my videos It will help you alot to understand the market more clearly. Otherwise I have a private discord where I am helping traders learn the master pattern concepts and smart money concepts, its the most important trading strategies to know.
All the best
@@smart-money-trader Thanks for all your time, efforts and continuous support . Kindly please share your Discord group link. Be Safe, Take care and have a nice time with your family, friends and loved ones
you could have explained all but no you had to advertise your other videos to watch so you left all the details. what a POS . you are a looser
Don't be lazy , i made videos going into super detail about the specifics which will really help you tremendously if you take the time to watch it. How can I be a loserr when I'm spending months creating content to help you win?
Wish you had it for ninjatrader8
I know other people has asked for it, maybe in the future we will create one for ninja trader