Next-gen buy-sell signals
Supercharge your trading with our best Indicators for ProRealTime™
Smart Money Indicator
Know where the 'Smart Money' is getting involved. Detect hidden market imbalances as well as liquidity supply and demand zones with ease. In order to successfully navigate trading it is imperative to know where the smart money like institutional traders and banks are getting involved. This indicator is designed to show you those areas!
Stop the guess work! You don’t have to be a statistic like ~90% of retail traders out there. Start to think like the smart money and know when to get involved. Large market players make a joke out of most retail traders by creating large order blocks and then taking price back to these zones just as the majority of retail traders start thinking the market is going into a new direction.
How can the indicator be used?
Identify supply and demand zones
Analyze liquidity areas
Highlight market imbalances
Fine-tune entries and exits
With a BSc in Business Information Technology, Juan traded a 7-year career as a Systems Analyst for full-time trading. Through logic and methodology, Juan's created numerous successful trading systems and indicators. His contributions to ProRealTime are a testament to his expertise, making him a respected figure in the community.
Know where the 'Smart Money' is getting involved
Stop the guess work! You don’t have to be a statistic like ~90% of retail traders out there. Start to think like the smart money and know when to get involved. Large market players make a joke out of most retail traders by creating large order blocks and then taking price back to these zones just as the majority of retail traders start thinking the market is going into a new direction. Taking out your stops to create more liquidity for themselves and forcing the market back into the original direction. If this sounds familiar then stop what you have been doing and start playing the game the way they do.
Using this indicator you will be able to identify major Supply and Demand Zones as well as past and future areas of market imbalance typically referred to as fair value gaps. These gap zones typically end up getting filled due to the fact that as the market accelerate out of areas of accumulation and distribution with lot’s of liquidity in play not all market participants get’s equal chances to participate. This creates ‘imbalances’ or ‘fair value gaps’ in the market and price will eventually head back to these areas to give all markets participants a chance to explore fair-price. To understand more about this concept go read up or watch a few videos on ‘Fair Value Gaps’ and ‘Imbalance created by institutional trading’
How to interpret signals
The red and green zones are areas of liquidity (stops, orders etc.) and smart money will push price back through these areas to grab the liquidity before making a new move.
The areas of inefficiency is where unequal buying or selling occurred and will very often be filled at some point in the future.
How to add indicator to chart
Add the indicator to the Price chart directly (not separetely)
Enable or Disable Supply and Demand zones (Enabled by default)
SnDSensitivity – Supply and Demand zone Sensitivity (Higher equals less sensitive – Default: 5)
SnDZoneSize – Adjusts the Supply and Demand zone area to highlight (Higher is larger – Default: 0.5)
SnDLookback – How far to look back when determining supply and demand (Default: 500)
PartialImbalancePercent – What percentage is determined as a partial imbalance close (Default: 50)
DrawPartialLine – Enabled or Disables drawing a dotted line at the partial imbalance level within the Imbalance Zone (Default: Enabled)
WeekendAnalysisMode – Disable in order for the indicator to load quicker but must be enabled on Weekends (Or after-hours for shares) to show currently open Imbalance Zones to be visible.
Important Troubleshooting Notes:
If the indicator fails to load reduce the price history to below 1000 units and re-load indicator.
If the Supply and Demand Zones appear to overshadow the chart reduce the SnDZoneSize
If there appears to be too many zones in general increase SnDSensitivity