OPEN-SOURCE SCRIPT
Mis à jour SWUltimate Sniper: SMT + AO + Money Flow
[English]
Overview This indicator is a comprehensive trading system designed to identify high-probability reversal points by combining three powerful concepts: Smart Money Techniques (SMT), Awesome Oscillator (AO) Momentum Divergences, and Macro Money Flow Analysis. It aims to filter out false signals by requiring confirmation from multiple technical factors before generating a signal.
Key Features & Logic
1. SMT Divergence (Smart Money Tool) The core of this indicator compares the current asset's price structure (Highs and Lows) against a benchmark symbol (Default: BTCUSDT).
Bullish SMT: When Bitcoin makes a Lower Low (LL), but the Altcoin makes a Higher Low (HL). This suggests underlying strength and accumulation in the Altcoin despite BTC's weakness.
Bearish SMT: When Bitcoin makes a Higher High (HH), but the Altcoin makes a Lower High (LH). This suggests weakness and distribution in the Altcoin despite BTC's strength.
2. Awesome Oscillator (AO) Confirmation To prevent premature entries based solely on price action, the indicator checks for momentum divergence on the Awesome Oscillator.
If the "AO Filter" option is enabled in settings, a signal (triangle) will only appear if both SMT Divergence and AO Divergence occur simultaneously (or within the same pivot window). This significantly increases the reliability of the setup.
3. Money Flow Dashboard A dashboard in the top-right corner provides real-time macro context to ensure you are trading with the trend.
USDT.D (Tether Dominance): Monitors whether capital is entering (Bullish) or leaving (Bearish) the crypto market.
BTC.D (Bitcoin Dominance): Monitors whether capital is flowing into Bitcoin or rotating into Altcoins (Altcoin Season).
How to Use
Buy Signal (Green Triangle): Look for a Green Triangle below the bar. Ideally, confirm this with the Dashboard showing "Money Flow: Entering" (Green) and "Trend: Flowing to Alts" (Green).
Sell Signal (Red Triangle): Look for a Red Triangle above the bar.
Dashboard: Use the dashboard as a trend filter. Do not long an Altcoin if USDT.D is spiking (Market Bearish).
Settings
Comparison Symbol: Select the benchmark asset (Default: BTCUSDT).
Pivot Period: Adjust the sensitivity of the divergence detection.
Use AO Filter: Toggle ON/OFF to require Awesome Oscillator confirmation for signals.
Dashboard: Toggle the visibility of the Money Flow panel.
Overview This indicator is a comprehensive trading system designed to identify high-probability reversal points by combining three powerful concepts: Smart Money Techniques (SMT), Awesome Oscillator (AO) Momentum Divergences, and Macro Money Flow Analysis. It aims to filter out false signals by requiring confirmation from multiple technical factors before generating a signal.
Key Features & Logic
1. SMT Divergence (Smart Money Tool) The core of this indicator compares the current asset's price structure (Highs and Lows) against a benchmark symbol (Default: BTCUSDT).
Bullish SMT: When Bitcoin makes a Lower Low (LL), but the Altcoin makes a Higher Low (HL). This suggests underlying strength and accumulation in the Altcoin despite BTC's weakness.
Bearish SMT: When Bitcoin makes a Higher High (HH), but the Altcoin makes a Lower High (LH). This suggests weakness and distribution in the Altcoin despite BTC's strength.
2. Awesome Oscillator (AO) Confirmation To prevent premature entries based solely on price action, the indicator checks for momentum divergence on the Awesome Oscillator.
If the "AO Filter" option is enabled in settings, a signal (triangle) will only appear if both SMT Divergence and AO Divergence occur simultaneously (or within the same pivot window). This significantly increases the reliability of the setup.
3. Money Flow Dashboard A dashboard in the top-right corner provides real-time macro context to ensure you are trading with the trend.
USDT.D (Tether Dominance): Monitors whether capital is entering (Bullish) or leaving (Bearish) the crypto market.
BTC.D (Bitcoin Dominance): Monitors whether capital is flowing into Bitcoin or rotating into Altcoins (Altcoin Season).
How to Use
Buy Signal (Green Triangle): Look for a Green Triangle below the bar. Ideally, confirm this with the Dashboard showing "Money Flow: Entering" (Green) and "Trend: Flowing to Alts" (Green).
Sell Signal (Red Triangle): Look for a Red Triangle above the bar.
Dashboard: Use the dashboard as a trend filter. Do not long an Altcoin if USDT.D is spiking (Market Bearish).
Settings
Comparison Symbol: Select the benchmark asset (Default: BTCUSDT).
Pivot Period: Adjust the sensitivity of the divergence detection.
Use AO Filter: Toggle ON/OFF to require Awesome Oscillator confirmation for signals.
Dashboard: Toggle the visibility of the Money Flow panel.
Notes de version
Now We Can Select Source Long and ShortScript open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.