TradingView has thousands of published indicators. 90% are noise. If you trade with Smart Money Concept, you need specific tools that automatically detect FVGs, market structures and liquidity zones without cluttering your chart. These are the ones we actually use.
What an SMC trader needs on their chart
Manual SMC analysis requires simultaneously identifying: market structure (BOS/CHoCH), price imbalances (FVGs), liquidity zones (equal highs/lows, swing highs/lows) and session levels. Doing this manually in real time across multiple timeframes is inefficient. Good indicators automate it.
Criteria for an SMC indicator to be genuinely useful:
- Automatic real-time detection, not just on historical data
- Clear differentiation between bullish and bearish elements
- No repainting (does not change past signals when new information arrives)
- Configurable: not all traders use the same timeframes or structure definitions
- Integrated alerts so you are not staring at the chart constantly
1. EV Fair Value Gaps β the most complete FVG detector
Fair Value Gaps (price imbalances between three candles) are one of the most traded concepts in SMC. This indicator automatically detects and draws them, differentiating bullish FVGs (demand zones) and bearish FVGs (supply zones) with colouring by level age.
What distinguishes it from other free FVG detectors: it not only marks the initial gap but tracks whether it has been partially or fully mitigated, changing the level colour accordingly. This lets you see at a glance which FVGs are still active and which have been filled.
Useful for: entries on pullbacks to unmitigated FVGs, bias confirmation by FVG direction, imbalance identification across multiple timeframes.
β View EV Fair Value Gaps on TradingView
2. BOS + CHoCH β automatic market structure
Break of Structure (BOS) and Change of Character (CHoCH) are the foundations of SMC market structure analysis. A BOS confirms trend continuation; a CHoCH signals a possible bias change.
Detecting these events manually requires continuously identifying relevant swing highs and swing lows and monitoring whether price breaks them. This indicator does it automatically, marking each BOS and CHoCH on the chart with arrows and labels differentiated by colour according to direction.
Most useful configuration: activate on H1 for bias and M15 for entry. A ChoCH on M15 following a liquidity sweep on H1 is one of the highest-probability confluences in SMC.
β View BOS + CHoCH on TradingView
3. Liquidity Sweeps by EV β real-time liquidity sweeps
Liquidity sweeps (stop hunts on equal highs/lows and swing highs/lows) are the event that precedes most institutional moves. Identifying them in real time is critical for entry timing.
This indicator marks each liquidity sweep the moment it occurs, differentiating between sweeps on equal highs, equal lows, swing highs and swing lows. Includes configurable alerts to receive instant notification when a sweep occurs on any instrument you are monitoring.
Basic strategy: wait for the sweep, confirm ChoCH on the entry timeframe, enter on the first valid OB in the direction of the new bias.
β View Liquidity Sweeps on TradingView
4. Session Levels by EV β session highs and lows
The highs and lows of the Asia, London and New York sessions are primary liquidity zones. Price regularly sweeps liquidity generated in a previous session before its main move.
This indicator automatically draws the ranges of the three main sessions, updating in real time during the active session and locking levels at each session's close. Essential for traders who operate the London Open and New York Open under the ICT/SMC framework.
β View Session Levels on TradingView
5. EV FVG Probability Engine β statistical data on FVGs
The most advanced on the list. Instead of merely detecting FVGs, it statistically calculates the probability of mitigation based on timeframe, active session and structural context. It answers the question every SMC trader should ask: what percentage of H1 FVGs during the London session are mitigated before the move continues?
Useful for calibrating entry selectivity. If the data shows that bearish M15 FVGs during the NY Open have a 78% mitigation rate, you have a statistical basis for prioritising those entries.
β View EV FVG Probability Engine on TradingView
How to combine them on a single chart
The most effective combination for a complete SMC setup:
| Indicator | Timeframe | Function |
|---|---|---|
| BOS + CHoCH | H4 / H1 | Determine market bias |
| Session Levels | H1 / M15 | Identify primary liquidity zones |
| Liquidity Sweeps | M15 / M5 | Detect the entry event |
| EV Fair Value Gaps | M15 / M5 | Entry zone after the sweep |
| BOS + CHoCH | M15 / M5 | Confirm entry ChoCH |
The flow: bias on H4 (BOS+CHoCH) β identify liquidity pool on H1 (Session Levels) β wait for sweep on M15 (Liquidity Sweeps) β confirm ChoCH on M5 (BOS+CHoCH) β enter on FVG or OB on M5 (EV Fair Value Gaps).
Want to automate this?
These indicators are manual analysis tools. If you want the same liquidity and SMC concepts to trade automatically on MetaTrader 5 without manual intervention, Master of Liquidity EA implements 6 strategies based on these same principles β liquidity sweeps, Order Blocks, FVGs, market structures β running autonomously 24/5.
From manual indicators to automatic EA
Master of Liquidity EA β $29 lifetime
The same SMC concepts from this guide β FVGs, liquidity sweeps, BOS β executed automatically on MT5. 6 independent strategies, PROP mode included, built-in news filter. No subscription.
All listed indicators are published for free on the EV Labs TradingView profile. You can also see the full list with all 18 scripts on our indicators page.
Indicators are analysis tools. Their use does not guarantee profitability. Trading involves risk of capital loss.
