Overview: The Price Action Concepts - BidWhales is a comprehensive TradingView indicator designed to provide professional-grade insights into price action behavior, market structure, and institutional activity. Built for traders who focus on Smart Money Concepts (SMC) and order flow analysis, this tool equips you with multi-timeframe structure detection, liquidity zones, order block metrics, and much more.
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Features & Functionalities
1. Market Structure Detection
Dynamic and Manual Modes: Automatically adapts the market structure length based on volatility or uses user-defined lengths.
Swing and Internal Structure: Detects CHoCH (Change of Character), BOS (Break of Structure), and CHoCH+ for both swing and internal levels.
Multi-Timeframe (MTF) Scanner: Visualize market structure trends across 15-minute, 1-hour, 4-hour, and daily timeframes. Intuitive table display with directional trends for quick decision-making.
Buy and Sell Volume Scanner: Displays volume dominance across detected timeframes, showing whether buyers or sellers are in control.
Power Candle Boxes: Highlights high-volume candles on the right of the scanner, providing immediate feedback on strong directional moves (bullish or bearish).
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2. Volumetric Order Blocks
Volumetric Metrics: Highlights key order blocks (OBs) formed with significant buy/sell volume activity.
Dynamic Metrics: Displays total volume, bull/bear volume ratio, and delta volume for each OB.
Mitigation Detection: Removes OBs once price mitigates key levels.
Swing vs Internal OBs: Separates internal order blocks from swing OBs for clarity.
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3. Multi-Timeframe Highs & Lows
Plot significant daily, weekly, monthly, and yearly highs/lows.
Customizable line styles, colors, and labels for clarity.
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4. Fair Value Gaps (FVG)
Detects institutional FVGs: bullish, bearish, and structure-breaking FVGs.
Supports up to 100 FVG boxes with customizable styles.
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5. Liquidity Zones (EQH/EQL)
Highlights Equal Highs (EQH) and Equal Lows (EQL) as liquidity targets.
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6. Accumulation & Distribution Zones
Visualizes bullish accumulation and bearish distribution zones using shaded boxes and polylines.
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7. Trend Lines and ZigZag
Automatic Trend Lines: Identifies and extends bullish/bearish lines dynamically.
Marks premium (resistance), discount (support), and equilibrium zones.
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9. Volume Candles
Transforms standard candles into gradient-based volume candles for real-time buy/sell volume analysis.
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10. Daily Open, HTF, and LTF Levels
Daily Open: Plots the current day's open level.
HTF Levels: Represent Buy-Side Liquidity (BSL) at significant highs and Sell-Side Liquidity (SSL) at significant lows on higher timeframes (e.g., 20, 40, 60 days).
LTF Levels: Highlights BSL and SSL at 1-hour highs/lows for lower timeframe liquidity zones.
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11. Automatic Fibonacci Levels
Auto-plots Fibonacci retracement levels with customizable ratios and styles.
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How to Use It
1. Market Structure Analysis: Identify BOS (Break of Structure) or CHoCH (Change of Character) on the higher timeframes (4H).
2. Order Blocks: Use Volumetric Order Blocks to spot key areas of buy/sell volume imbalance and monitor their mitigation.
3. Liquidity Zones: Focus on EQH and EQL to anticipate liquidity sweeps.
4. Fair Value Gaps: Look for unmitigated FVGs near structure breaks for trade confluence.
5. HTF and LTF Levels: Use HTF BSL/SSL and LTF BSL/SSL to determine where liquidity pools are likely to be swept.
6. Buy/Sell Volume Scanner & Power Candle Boxes: Use the scanner to determine directional volume dominance (buyers or sellers) and validate strong price moves with Power Candle Boxes displayed alongside.
7. Volume Candles: Confirm real-time buy/sell volume strength to gauge momentum during setups.
Combine these tools for a systematic price action and liquidity-based trading approach.
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Disclaimer
This indicator is a technical analysis tool and does not guarantee profitable trades. Trading involves significant risk, and past performance is not indicative of future results. Users should perform their own due diligence and consult a qualified financial advisor before trading. The author is not responsible for any losses incurred while using this tool.
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Compliance with TradingView Rules
This script adheres strictly to TradingView's publishing guidelines: Fully original logic. No repainting or misleading signals. Clear and accurate labeling of features.
License: Mozilla Public License 2.0 Author: ProfitSync
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Hướng dẫn của tác giả
″This script is designed to provide advanced market analysis, focusing on order flow, volume delta, and smart money concepts to help traders better understand market structure and liquidity. For more details or extended access, visit https://bidwhales.com
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