Advanced Concept V5

Advanced Concept V5

1. Introduction

This indicator serves as an all-in-one institutional trading toolkit, combining Smart Money Concepts (SMC), ICT Methodologies, and Statistical Range Models (DR/IDR). It is designed to help traders identify liquidity pools, market structure shifts, and time-based volatility expansions without cluttering the chart.

This tool automates complex price action analysis, providing real-time feedback on structural breaks, fair value gaps, and key session ranges essential for intraday execution.

2. Table of Contents

Liquidity Levels (BSL/SSL)
Real-Time Market Structure (BOS/CHoCH)
Premium & Discount Zones
Fair Value Gaps (FVG)
Session Ranges & Models
Asian Stop Hunt
ATM Hybrid Forex
New York Open Indices
Central Bank Dealer Range (CBDR)
DR / IDR Model (Defining Range)
IPDA Dashboard
Educational Note Overlay

3. Concept Description

Smart Money Concepts (SMC) & Structure
The indicator tracks price action to identify the prevailing trend using Swing and Internal structure mapping.

BOS (Break of Structure): Signals trend continuation.

CHoCH (Change of Character): Signals a potential trend reversal.

Strong/Weak Highs & Lows: Helps identify points likely to hold or be targeted as liquidity.

Liquidity Pools

Market Makers often target areas with resting stop-loss orders. The indicator plots:

BSL (Buyside Liquidity): Resting above swing highs.

SSL (Sellside Liquidity): Resting below swing lows.

Feature: Invalidated liquidity lines become dotted, showing history of where liquidity was taken.

DR / IDR (Defining Range / Implied Defining Range)

Based on the specific 09:30 – 10:30 (Exchange Time) window. Statistical analysis suggests that once the high or low of this range is broken, the market often seeks a standard deviation target or respects the IDR levels as support/resistance for the remainder of the session.

Fair Value Gaps (FVG)

Highlights imbalances where price moved aggressively in one direction, leaving unfilled orders. These often act as magnets for price rebalancing or entry zones.

Time-Based Sessions & Checklists

The script includes distinct logic for famous ICT/Institutional models. Note: Session boxes are automatically hidden on timeframes higher than 30 minutes to keep HTF charts clean.

Asian Stop Hunt: Visualizes the Asian range to catch manipulation at the Frankfurt/London open.

CBDR: Central Bank Dealer Range logic for midweek reversals.

4. How to Use

Step 1: Setup
Apply the indicator to your chart.
Timeframe: Works best on 1m to 15m charts for session executions.
Customization: Go to Settings to toggle specific modules (e.g., turn off "Show Internals" if you only want Swing Structure).

Step 2: Analyze Structure & Bias
Look at the IPDA Dashboard (Top Right) to see the current bias for major pairs.
Observe the Swing Structure lines. Are we making Higher Highs (Bullish) or Lower Lows (Bearish)?
Check the Premium/Discount Zones. Ideally, look for Buys in Discount and Sells in Premium.

Step 3: Wait for Time & Price (The Checklists)
This indicator includes built-in Trading Checklists in the settings for specific models.
Example (Asian Stop Hunt)
Wait for the Asian Session (Blue Box) to close.
Look for a sweep of the High (SSL) or Low (BSL).
Wait for a CHoCH in the opposite direction.
Enter on the retest of an FVG or BPR.

Step 4: Execution using DR/IDR
Wait for the 09:30–10:30 window to close (Orange Lines).
If price breaks the DR High, look for bullish retracements to the IDR High.
If price breaks the DR Low, look for bearish retracements to the IDR Low.

Educational Note

A customizable text panel is available at the Top Center of the screen. You can use this to write your daily trading plan or reminders (e.g., "LINE RISK FIRST THEN REWARD").

Disclaimer

This script is for educational and analytical purposes only. Past performance of a model (like DR/IDR or SMC) is not indicative of future results. Always manage risk properly.