Smart Money Flow V6 Pro

📊 Smart Money Flow V6 Pro

🎯 Overview
Smart Money Flow V6 Pro is an advanced multi-timeframe indicator designed to detect institutional order flow and smart money accumulation/distribution patterns. It combines delta volume analysis, order block detection, and opening range breakout strategies to identify high-probability trading opportunities.
🔍 What Makes This Indicator Unique?
1. Proprietary Delta Flow Analysis
Unlike standard volume indicators, this script calculates:

Cumulative Delta: Tracks the net difference between buying and selling pressure over time
Delta Momentum Oscillator: Uses RSI calculation on cumulative delta to identify momentum shifts
Volume-Weighted Delta: Multiplies delta by volume-to-average-volume ratio for stronger signals

Why it matters: Standard volume indicators show only total volume. This script separates buying vs selling volume to reveal institutional footprints that retail traders miss.
2. Smart Money Divergence Detection
The indicator identifies hidden smart money activity through:

Bullish Divergence: Price makes lower lows while cumulative delta makes higher lows (institutions accumulating)
Bearish Divergence: Price makes higher highs while cumulative delta makes lower highs (institutions distributing)

Calculation Method: Compares 5-bar price movement against cumulative delta direction to spot divergences
3. Institutional Order Block Identification
Order blocks represent price levels where large institutions placed significant orders:

Bullish OB: Detected after 2+ consecutive down candles followed by a strong bullish candle (>50% of previous range)
Bearish OB: Detected after 2+ consecutive up candles followed by a strong bearish candle

Visual Display: Boxes extend right to show active zones where price may react
4. Opening Range Breakout System
Tracks the first 30 minutes (customizable) of trading:

Identifies OR High, Low, and Midpoint
Monitors breakouts/breakdowns for directional bias
Only activates after OR period completes

Usage: Helps traders align with the day's initial institutional positioning
5. Dynamic Support/Resistance
Uses pivot point detection with tolerance zones:

Stores last 5 resistance and 5 support levels
Creates zones (default 0.5% tolerance) around key levels
Updates dynamically as new pivots form

Calculation: pivothigh()/pivotlow() functions with 10-bar lookback, stored in arrays
6. Three Signal Modes for Different Trading Styles
Aggressive Mode:

Triggers: Trend alignment + positive delta momentum
Best for: Active scalpers, high-frequency trading
Signal frequency: High

Balanced Mode (Recommended):

Triggers: Trend + delta momentum threshold (>30) + confluence (divergence OR S/R OR order block)
Best for: Swing traders, position traders
Signal frequency: Medium

Conservative Mode:

Triggers: All balanced conditions + high volume + divergence confirmation
Best for: Risk-averse traders, larger positions
Signal frequency: Low but highly accurate

📈 How It Works (Technical Methodology)
Step 1: Volume Analysis
buyVolume = close > open ? volume : 0
sellVolume = close < open ? volume : 0
delta = buyVolume - sellVolume
cumDelta += delta (running total)
Step 2: Momentum Calculation
deltaMomentum = RSI(cumDelta, 14) - 50
This normalizes cumulative delta into an oscillator ranging from -50 to +50
Step 3: Trend Filter
EMA(20) determines trend direction
Signals only trigger WITH the trend (no counter-trend trades)
Step 4: Signal Generation Logic
Buy Signal (Balanced Mode):

Price > EMA(20) ✓
Delta > 0 AND cumDelta rising ✓
Volume > 1.2x average ✓
Delta Momentum > 30 ✓
At least ONE: Bullish divergence OR near support OR bullish order block ✓

Sell Signal: Opposite conditions
Step 5: Visual Confirmation

Large triangles for primary signals
Small circles for divergences
Boxes for order blocks
Lines for OR levels and S/R

🎨 Dashboard Metrics Explained
The real-time dashboard shows:

Delta: Current bar's buy/sell pressure
Cum Delta: Running total (positive = bullish bias)
Momentum: RSI-based oscillator (-50 to +50)
Trend: EMA direction
Volume: Compared to average (HIGH/NORMAL/LOW)
OR Status: Price position relative to opening range
S/R Level: Proximity to support/resistance
Order Block: Active institutional zones
Divergence: Smart money divergence status
Mode: Current signal sensitivity
Price: Current close
SIGNAL: Overall market bias (STRONG BUY/SELL/WAIT)

🔧 How to Use This Indicator
For Day Traders:

Wait for opening range to complete (default 9:15-9:45)
Use Aggressive or Balanced mode
Take signals that align with OR breakout direction
Exit at opposite order block or S/R level

For Swing Traders:

Use Conservative or Balanced mode
Enter only on divergence + signal confluence
Hold through minor pullbacks to order blocks
Trail stops below/above order blocks

For Scalpers:

Use Aggressive mode on lower timeframes (1-5 min)
Take quick profits at S/R levels
Monitor delta momentum for exhaustion
Exit if momentum crosses zero line

⚠️ Important Notes
What This Indicator Does NOT Do:

Does NOT repaint (all calculations finalize on bar close)
Does NOT use future data
Does NOT guarantee profits (no indicator does)

Originality Statement:
This indicator is NOT a simple combination of existing indicators. It features:

Custom delta calculations not available in standard volume indicators
Unique momentum oscillator using RSI on cumulative delta (not price)
Proprietary signal logic that requires multiple confluence factors
Dynamic order block detection with automatic zone management
Three-mode signal system allowing strategy customization

Why Closed Source?
The specific thresholds, weighting factors, and signal combination logic represent proprietary research. The methodology is fully disclosed above, but exact parameters are protected.
📊 Best Practices

Always use with proper risk management (2% max per trade)
Combine with price action (don't trade signals blindly)
Backtest on your specific instrument before live trading
Adjust parameters for different markets (forex, stocks, crypto)
Start with Conservative mode until familiar with signals

🔔 Alert Conditions Available

Long Signal
Short Signal
Bullish Divergence
Bearish Divergence
Bullish Order Block
Bearish Order Block

📞 Disclaimer
This indicator is for educational purposes. Past performance does not guarantee future results. Always practice proper risk management and never risk more than you can afford to lose.