Smart Money Concepts Indicator MT4 Download – [TradingFinder]

The Smart Money Concepts indicator is designed in the form of a script and runs through the expert installation in MT4. Its purpose is to automatically display Smart Money concepts on the price chart.

This trading tool provides a floating panel on the chart, allowing users to control the display of various analytical elements. Each section of the panel corresponds to a core component of the market structure, with options that enable or disable the automatic drawing of those components.

Smart Money Concepts Indicator Specifications Table

The specifications of the Smart Money Concepts Indicator are as follows.

Smart Money Concepts Indicator at a Glance

The Smart Money Concepts Indicator is an automated analysis tool based on institutional behavior and liquidity flow logic in financial markets.

Using structural concepts such as structural breaks, order blocks, fair value gaps, and other key elements, the Indicator scans the chart in real time and overlays precise analytical data.

Installation Steps for the Expert in MetaTrader 4

The complete step-by-step installation process for the Indicator in MetaTrader 4 is provided in a separate tutorial.

For more information, refer to theInstalling Indicators in MetaTrader 4 guide.

Enabling “Allow automated trading” and “DLL” Options

To ensure the Smart Money Concepts Indicator functions properly, the following options must be enabled:

• From the top toolbar in MetaTrader 4, go to the“Tools” menu;
• In the dropdown list, click on “Options”;
• Go to the “Indicator Advisors” tab and enable the following Options:
  • Allow automated trading
  • Allow DLL imports

How to Obtain a License Code

You can request a license code by contacting Trading Finder support via the website or by sending a message through platforms like Telegram or WhatsApp.

Entering the License Code

After loading the Indicator onto the chart, the main panel will automatically appear.

In the panel, there is a section labeled “Your License,” where the received code must be entered exactly as it appears, without any alterations or extra spaces, followed by confirmation.

Managing Smart Money Analytical Components

The first section of the panel is dedicated to displaying key Smart Money concepts. When each option is activated, its corresponding element is automatically drawn on the chart.

Zigzag Structure of Price Swings

When the “Zigzag” option is active, the price movement path is plotted. This helps in identifying major market moves, waves, and direction changes.

Displaying Breaker Block Zones

Activating the “BB” option will automatically draw Breaker Block zones on the chart. These areas typically form after a structure break and price retracement and are considered likely entry points for smart money.

Inverse Fair Value Gaps (IFVG)

Inverse Fair Value Gap (IFVG) zones often appear in corrective or reversal structures, indicating an imbalance between supply and demand during price movements.

Killzone

The Killzone option highlights specific time ranges on the chart during which the market typically experiences the highest volatility and liquidity.

Order Blocks

By enabling the “Order Block” option, the Indicator draws order block zones as colored boxes on the chart.

Fair Value Gaps (FVG)

When the Fair Value Gaps (FVG) option is selected, the Indicator detects gaps between candles and marks them with colored rectangles on the chart.

BPR Area

The “BPR” option identifies zones where two Fair Value Gaps overlap.

Market Structure

When the “M Structure” option is active, components of market structure such as Change of Character (CHoCH), Break of Structure (BOS), and others are labeled on the chart.

Indicator Custom Settings

The second section of the panel is for adjusting performance parameters, allowing traders to control display settings and the number of candles processed.

• Candles to Check: Number of candles to process on the chart
• Last Blocks: Display recent blocks
• Untested: Highlight untouched historical zones
• Void: Show consumed blocks

Conclusion

The Smart Money Concepts Expert is a powerful tool for automatically displaying market structure, key price zones, and core SMC components.

Its user-friendly panel enables precise selection of each concept and customizes chart visuals. The advanced settings in the second panel section offer complete control over the Indicator’s behavior.