SMC Higher TimeFrame

SMC Higher Timeframe Indicator

The Sonarlab SMC Higher Timeframe Indicator shows structure and key point of interests on two higher timeframes of your choice.

Before you start...

Toggle on/off of a higher timeframe of your choice. The timeframe you select must be a higher timeframe than the timeframe you are viewing. You cannot be on the hourly chart, then choose the 1 minute as your higher timeframe. This also applies for the Second Higher Timeframe in the settings.

Swing Structure

Swing Structure - Option to show or hide the Swing Structure lines. If showing, you can choose how many Swing lines to be displayed. (3) Strong Close - Candles will need to close more than (50%) over the high/low to qualify as a successful BOS Using this feature prevents false breakouts as the BOS Candle needs to have a strong close Strong Candle - The candle body that creates the BOS must be (35%) bigger than the rest of the candle Using this feature prevents false breakouts, as the BOS candle must have a large body

Internal Structure

Show Internal - Option to show or hide the Internal Structure lines. If showing, you can choose how many Internal lines to be displayed. (3) Strong Close - Candles will need to close more than (50%) over the high/low to qualify as a successful BOS Using this feature prevents false breakouts as the BOS Candle needs to have a strong close Strong Candle - The candle body that creates the BOS must be (35%) bigger than the rest of the candle Using this feature prevents false breakouts, as the BOS candle must have a large body

Order Blocks

Show Order Blocks - Option to show or hide the Order Block Boxes. If showing, you can choose how many boxes to be displayed. (4) Order Block Logic Traditional - an OB will be placed on every Structure Change (BOS / CHoCH) Filtered - Order Blocks will be filtered and may not show on every Structure Change. Better Order Blocks, but less frequent. Order Block (OB) Mitigation Close - The Higher Timeframe candle needs to close above a bearish OB, or below a bullish OB for the OB to be mitigated. Wick - The Higher Timeframe top candle wick needs to go above a bearish OB, or below a bullish OB for the OB to be mitigated. 50% Wick - The Higher Timeframe candle bottom/top wick needs to go beyond the 50% line of the OB First Touch - The OB will get mitigated upon first touch

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