LuxAlgo SMC Pro Ultimate [v6] — Strategy by HAC19
By HAC19
Performance Metrics
- Author: HAC19
- Symbol: CAPITALCOM:SILVER
- Timeframe: 4 hours
- Net P&L: −351.16 USD (−3.32%)
- Win Rate: 33.6%
- Profit Factor: 1.141
- Max Drawdown: 1,587.69 USD (15.22%)
- Total Trades: 330
Description
LuxAlgo SMC Pro Ultimate Strategy [v6]OverviewThe LuxAlgo SMC Pro Ultimate is a comprehensive institutional-grade trading strategy built on the core principles of Smart Money Concepts (SMC). This strategy was specifically designed to navigate volatile stocks and ETFs by identifying high-probability institutional footprints and executing trades with professional-level risk management.This script is the result of a collaborative development between HAC19 and Quant, LuxAlgo's expert PineScript AI developer.Core SMC LogicMarket Structure (MSS/BOS/CHoCH): Tracks reversals and trend continuations across multiple modes (Internal, Swing, or both).Premium & Discount (PD) Zones: Mathematically ensures "Buy Low, Sell High" by restricting entries to Discount or Premium zones relative to the current dealing range.FVG & OB Confluence: Leverages Fair Value Gaps and Order Blocks as displacement triggers, confirming institutional participation before entry.Key FeaturesDynamic Confluence Meter: A real-time scoring system (0-100%) that tracks the "health" of an active trade, decaying over time as momentum fades.Signal Ranking: Automatically identifies "STRONG" signals based on institutional volume spikes and momentum.Professional Risk Management:Automatic 50% Partial Take Profit at a customizable Risk:Reward ratio.Break-Even Logic that triggers after TP1 is hit.Dynamic ATR Trailing Stop to lock in profits while letting winners run.Real-Time HUD: A clean on-chart dashboard displaying Win Rate, Net Profit, PD Status, and Active Confluence.How to UseStructure Mode: Use "Internal" for scalping/day-trading or "Swing" for higher-conviction trend following.PD Arrays: Ensure "Only Buy in Discount" is enabled to maintain institutional discipline.Risk Settings: Adjust the ATR Multiplier based on the volatility of the specific asset (e.g., 3.0 for TQQQ, 2.0 for AAPL).CreditsStrategist & Visionary: HAC19Lead Developer: Quant (by LuxAlgo)Release NotesLuxAlgo SMC Pro Ultimate Strategy [v6]OverviewThe LuxAlgo SMC Pro Ultimate is a comprehensive institutional-grade trading strategy built on the core principles of Smart Money Concepts (SMC). This strategy was specifically designed to navigate volatile stocks and ETFs by identifying high-probability institutional footprints and executing trades with professional-level risk management.This script is the result of a collaborative development between HAC19 and Quant, LuxAlgo's expert PineScript AI developer.Core SMC LogicMarket Structure (MSS/BOS/CHoCH): Tracks reversals and trend continuations across multiple modes (Internal, Swing, or both).Premium & Discount (PD) Zones: Mathematically ensures "Buy Low, Sell High" by restricting entries to Discount or Premium zones relative to the current dealing range.FVG & OB Confluence: Leverages Fair Value Gaps and Order Blocks as displacement triggers, confirming institutional participation before entry.Key FeaturesDynamic Confluence Meter: A real-time scoring system (0-100%) that tracks the "health" of an active trade, decaying over time as momentum fades.Signal Ranking: Automatically identifies "STRONG" signals based on institutional volume spikes and momentum.Professional Risk Management:Automatic 50% Partial Take Profit at a customizable Risk:Reward ratio.Break-Even Logic that triggers after TP1 is hit.Dynamic ATR Trailing Stop to lock in profits while letting winners run.Real-Time HUD: A clean on-chart dashboard displaying Win Rate, Net Profit, PD Status, and Active Confluence.How to UseStructure Mode: Use "Internal" for scalping/day-trading or "Swing" for higher-conviction trend following.PD Arrays: Ensure "Only Buy in Discount" is enabled to maintain institutional discipline.Risk Settings: Adjust the ATR Multiplier based on the volatility of the specific asset (e.g., 3.0 for TQQQ, 2.0 for AAPL).CreditsStrategist & Visionary: HAC19Lead Developer: Quant (by LuxAlgo)Release NotesTP1 can now be determined as a function of risk or based on market structures.