by MQL5
This is a hybrid indicator that combines Smart Money Concepts (SMC) with Central Pivot Range (CPR) analysis
Core Purpose
It helps traders identify institutional order flow, key levels, imbalances, and market structure in one clean dashboard-style indicator.
Main Components
1. CPR (Central Pivot Range)
Daily Pivot (Magenta line)
BC (Bottom Central) and TC (Top Central) — Teal lines
CPR Cloud (Light yellow)
These are calculated from the previous day's High, Low, and Close.
2. Previous Day Levels
PDH (Previous Day High) — Silver line
PDL (Previous Day Low) — Silver line
Shows the true high/low range formed during the first IBPeriodMinutes (default 60 minutes) of the trading session. Very useful for day trading and determining early session bias.
4. Smart Money Concepts (SMC) Features
Fair Value Gaps (FVG):
Detects bullish (cyan) and bearish (orange) FVGs
Automatically extends until mitigated
Changes color to gray when partially mitigated
Option to shrink mitigated FVGs
Configurable number of historical FVGs to display
Market Structure:
Detects Break of Structure (BOS) and Change of Character (CHoCH)
Draws historical structure breaks with labels
Supports both candle body and candle wick break modes
Current Structure + Auto Fibonacci:
Draws the current bullish or bearish leg (high & low)
Automatically plots 5 customizable Fibonacci levels (default: -0.25, 0, 0.5, 1.0, 1.25)
Fib levels update in real-time as structure develops
Resets when market changes direction
Key Features & Customizability
Highly configurable via inputs (colors, line styles, widths, visibility)
Performance optimized — uses efficient object management
Real-time updates on every tick
Visual alerts for BOS and CHoCH
Clean object management (all objects prefixed with SMC_)
Works on all timeframes and instruments
Best Use Cases
Intraday Trading (especially with IB + CPR)
SMC / ICT traders looking for FVGs, BOS/CHoCH, and order blocks
Scalping & Day Trading using CPR as magnet zones
Trend structure analysis with Fibonacci confluence
Summary: "KS SMC with CPR" is a all-in-one indicator that merges classic pivot-based analysis with modern Smart Money Concepts (FVG + Structure + Fibs). It gives traders a complete view of daily levels, institutional imbalances, and evolving market structure.