SMC Volumetric Blocks + ATR Bands [SDTrades]

SMC Volumetric Blocks + ATR Bands Indicator [SDTrades]
Overview
This advanced trading system combines Smart Money Concepts (SMC) with quantitative trend analysis, featuring:

Volumetric Order Blocks - Identifies institutional-level supply/demand zones

ATR Trend Bands - Dynamic support/resistance levels with trend-color coding

Break/Retest Signals - Clear "BUY"/"SELL" labels at key levels

Key Features
1. Volumetric Order Blocks

Detects swing highs/lows using configurable swing length (default: 8)

Plots two types of order blocks:

Breaker Blocks (Teal/Red): Recent significant rejection zones

Order Blocks (Semi-transparent): Historical high-volume areas

Volume-weighted strength calculation for block validity

Auto-removal of violated blocks (Wick/Close basis)

2. Smart ATR Bands

Adaptive bands using 3-layer trend confirmation:

RSI momentum (15-85 normalized)

SuperTrend trend direction

EMA crossover strength

Golden Ratio multiplier (1.618) for band spacing

Auto-coloring: Bearish (Red) > Neutral (Gray) > Bullish (Green)

3. Trading Signals

BUY: Retest of lower ATR band + Bullish block confirmation

SELL: Retest of upper ATR band + Bearish block violation

BE (Break Even): Price closes beyond bands

Minimum 2-bar spacing between signals

Input Settings
Category Parameters
Core Swing Length (8)
Blocks Show Last X Blocks (4), Violation Check (Wick/Close), Hide Overlap
ATR Length (10), Multiplier (1.618), Trend Smoothing (10)
Visual 8 Color Options, Label Sizes, Transparency Levels
Usage Notes
Bullish Scenario

Look for "BUY" labels near bullish order blocks

Confirm with ATR band turning green

Bearish Scenario

Watch for "SELL" labels near bearish blocks

Verify with ATR band turning red

Risk Management

Use block boundaries as natural stop levels

BE signals indicate potential trend exhaustion

Style Customization
Blocks: Adjust teal/red colors and opacity

Bands: Modify gradient colors and fill transparency

Labels: Customize text colors/sizes for BUY/SELL/BE

Trading Philosophy
This indicator combines:

Order Flow Analysis (Block zones)

Volatility-adjusted Levels (ATR bands)

Algorithmic Trend Scoring (RSI+EMA+SuperTrend fusion)

Ideal for swing trading and institutional-level price analysis.
17 hours ago
Release Notes
SMC Volumetric Blocks + ATR Bands Indicator [SDTrades]
Overview
This advanced trading system combines Smart Money Concepts (SMC) with quantitative trend analysis, featuring:

Volumetric Order Blocks - Identifies institutional-level supply/demand zones

ATR Trend Bands - Dynamic support/resistance levels with trend-color coding

Break/Retest Signals - Clear "BUY"/"SELL" labels at key levels

Key Features
1. Volumetric Order Blocks

Detects swing highs/lows using configurable swing length (default: 8)

Plots two types of order blocks:

Breaker Blocks (Teal/Red): Recent significant rejection zones

Order Blocks (Semi-transparent): Historical high-volume areas

Volume-weighted strength calculation for block validity

Auto-removal of violated blocks (Wick/Close basis)

2. Smart ATR Bands

Adaptive bands using 3-layer trend confirmation:

RSI momentum (15-85 normalized)

SuperTrend trend direction

EMA crossover strength

Golden Ratio multiplier (1.618) for band spacing

Auto-coloring: Bearish (Red) > Neutral (Gray) > Bullish (Green)

3. Trading Signals

BUY: Retest of lower ATR band + Bullish block confirmation

SELL: Retest of upper ATR band + Bearish block violation

BE (Break Even): Price closes beyond bands

Minimum 2-bar spacing between signals

Input Settings
Category Parameters
Core Swing Length (8)
Blocks Show Last X Blocks (4), Violation Check (Wick/Close), Hide Overlap
ATR Length (10), Multiplier (1.618), Trend Smoothing (10)
Visual 8 Color Options, Label Sizes, Transparency Levels
Usage Notes
Bullish Scenario

Look for "BUY" labels near bullish order blocks

Confirm with ATR band turning green

Bearish Scenario

Watch for "SELL" labels near bearish blocks

Verify with ATR band turning red

Risk Management

Use block boundaries as natural stop levels

BE signals indicate potential trend exhaustion

Style Customization
Blocks: Adjust teal/red colors and opacity

Bands: Modify gradient colors and fill transparency

Labels: Customize text colors/sizes for BUY/SELL/BE

Trading Philosophy
This indicator combines:

Order Flow Analysis (Block zones)

Volatility-adjusted Levels (ATR bands)

Algorithmic Trend Scoring (RSI+EMA+SuperTrend fusion)