Introducing v1.0.1 BacktestX Chart. Learn More
Version: 1.0.1

Advanced Drawings & SMC

A collection of smart money concepts, advanced profiles, and dynamic utilities to enhance your charting analysis.

Smart Money Concepts

Description: A suite of institutional trading concepts that help identify liquidity zones, market structure, and imbalances. Includes:

  • Fair Value Gap (FVG): Highlights price imbalances and liquidity voids.
  • Order Block: Maps significant institutional supply and demand zones.
  • BOS / CHOCH: Marks Break of Structure and Change of Character points.
  • Liquidity Sweep: Identifies areas where stop losses have been cleared.
  • Premium & Discount Matrix: Divides price action into premium, equilibrium, and discount zones.

Advanced Profiles & Sessions

Description: Volume and time-based profiling tools. Includes:

  • Anchored VWAP Bands: Volume-Weighted Average Price anchored to a specific time, complete with standard deviation bands.
  • Session Highlight Boxes: Visual boxes to demarcate trading sessions (e.g. London, NY, Asian).
  • Anchored CVD Profile: Cumulative Volume Delta anchored from a chosen origin.

Advanced Utilities

Description: Specialized tools for risk calculation and complex technical mapping. Includes:

  • Dynamic Risk Position: Automatically calculates position sizing based on defined risk percentage and account size.
  • MTF Ghost Ray: Multi-Timeframe ray projection for higher timeframe analysis on lower timeframe charts.