SMCZONE

Money Hunter SMC

MT4 / MT5TradingViewUser manual

The structure indicator of the Money Hunter suite. A multi-timeframe tool that marks up the chart in the SMC / ICT style — automatically identifying trend shifts (BOS / ChoCh), inducement, accumulation/distribution points, bullish/bearish order blocks, and Premium/Discount zones. Available on MT4/MT5 and TradingView.

Platform
Suite

Money Hunter ships as two indicators on the same chart. This page covers MH SMC (structure). The points-of-interest layer is documented separately — see Money Hunter ToolBox.

01What it is

MH SMC does the structural markup for you, so you read the chart instead of drawing it. It:

  • Identifies market structure automatically — BOS, ChoCh, and their sweeps
  • Marks inducement (IDM) as a false-entry filter
  • Draws order blocks — OB-IDM, OB-EXT, previous OB — with FVG
  • Shows higher-timeframe and inner structure on the current chart
  • Adds a dashboard with the probable trend on three higher timeframes
  • Highlights Premium / Discount zones from the active range

Who it's for

Beginners — automated markup helps you master structural analysis and large-player zones faster, without hours of manual drawing. Experienced traders — it removes routine work so you can focus on quality entries; a good fit for Price Action and classic technical analysis.

02Smart Money concepts

Smart Money Concepts treats price as driven by large players (institutions, market makers). The indicator automates the markup of these ideas:

  • Liquidity — large players seek liquidity to fill positions: equal highs/lows (clustered stops), psychological round numbers, and the highs/lows of the previous day/week/month
  • Order Blocks — the candle(s) where a large player built a position; when price returns, the OB acts as support/resistance
  • Imbalance / Fair Value Gap (FVG) — an uncovered zone left by an impulsive move; price often returns to it before continuing
  • Market structure — HH/HL in an uptrend, LH/LL in a downtrend; the key points are swing highs and lows
  • Stop hunts — price breaks a significant level to collect the crowd's stops, then reverses in the true direction
  • Time context — activity is tied to the main sessions (London, New York, Asia); key levels and moves often form within them

03Structure & IDM

Structure is built from a sequence of highs and lows; a shift is confirmed by a break (BOS) or a change of character (ChoCh). The IDM Mode sets how liquidity is accounted for:

  • ext-idm — external liquidity, beyond the current range (recommended)
  • int-idm — internal liquidity, inside the current range
IDM — inducement

A liquidity area created as the first pullback after a new structural high/low (BOS). It filters false entries: structure is treated as confirmed only after price takes the liquidity beyond the IDM.

04Installation

You install both Money Hunter indicators together. Add MH SMC and MH ToolBox in the same step.

MT4 / MT5

  • File → Open Data Folder MQL5 → Indicators, paste MH SMC and MH ToolBox
  • In the Navigator, right-click Indicators → Refresh, then double-click to add
  • Common → tick Allow; Inputs → enter the license key; Dependencies → tick Allow DLL imports → OK
  • To open the settings later: right-click the chart → Indicators list → select → Properties
MT5 — Open Data Folder
MT5 — placing the indicator files in MQL5 / Indicators

05Interface — element by element

The structure controls below are the same on both platforms — the screenshot shows your selected platform (switch it in the sidebar). A value of true / a ticked box shows the element on the chart.

Structure display period

Draw structure across the whole price history, or from a selected date ("Since selected date") to anchor the analysis start.

Structure display period — MT4 / MT5
MT4 / MT5 — structure display period

Structure mode (IDM)

The IDM Modeext-idm (recommended) or int-idm — sets whether external or internal liquidity is accounted for.

Structure mode — MT4 / MT5
MT4 / MT5 — IDM Mode (ext_idm recommended)

Current & inner structure

Show current structure displays the current timeframe; Show inner structure adds the microstructure — useful on volatile instruments where current-structure elements sit far apart in a wide range.

Inner structure — MT4 / MT5
MT4 / MT5 — current & inner structure

Higher-timeframe (MTF) structure

Show MTF / HTF structure overlays a higher timeframe's structure on the current chart; choose which higher TF to display.

HTF structure — MT4 / MT5
MT4 / MT5 — higher-timeframe structure

Dashboard

An info panel showing the probable trend on the three higher timeframes; it can be enabled and positioned on the chart.

Dashboard — MT4 / MT5
MT4 / MT5 — HTF dashboard

Chart elements (Charts Controls)

The list of main elements — tick to show on the chart: Structure Points, BoS, ChoCh, sweeped BoS/ChoCh, OB-IDM, OB-EXT, Previous OB-EXT, SMT, and the live elements.

Chart elements — MT4 / MT5
MT4 / MT5 — list of main structure elements

Colours

Colour the main elements — bullish/bearish structure, IDM, BoS sweeps, and order blocks. A Monochrome mode gives a single colour for a minimalist chart.

Colours — MT4 / MT5
MT4 / MT5 — element colours

Trend driver

Colour background by structure tints the chart by the current bull/bear structure; Show trend divider shows the main trend (upper line) and inner trend (lower line) — a gap means the trend is undefined.

Trend driver — MT4 / MT5
MT4 / MT5 — trend driver

Premium / Discount

Overbought/oversold zones based on the price range — shown as zones or lines, with upper, central (equilibrium), and lower levels.

Premium / Discount — MT4 / MT5
MT4 / MT5 — Premium / Discount settings
Concept

Premium (upper part, ~above 50–70%) — price is "expensive", favouring shorts; the large player sells here. Discount (lower part, ~below 30–50%) — price is "cheap", favouring longs; the large player buys here.

06All settings

The full parameter list, grouped as in the settings window. The settings are the same on both platforms; only the location differs.

Main settings

  • Draw structure for whole — across all history, or from a selected date
  • Start drawing structure since — manual anchor date/time
  • IDM Modeext-idm (recommended) or int-idm
  • Show MTF structure, Show current structure, Show inner structure

MTF | Dashboard

  • Show dashboard — trend on the 3 higher timeframes · Position dashboard at

Visual controls

  • Colour Mode — Structure-related or Monochrome
  • Structure Points Transparency — transparency of key points

Charts controls — show / hide

  • Structure Points, BoS, ChoCh, Sweeped BoS, Sweeped ChoCh
  • OB-IDM, OB-EXT, Previous OB-EXT, SMT
  • Live IDM, Live secondary IDM, Live BoS, Live ChoCh

Structure colours

  • Monochrome, Bullish, Bearish
  • IDM, IDM-ChoCh conflict (uncertainty), BoS Sweeps (false break)

Orderblock colours

  • Bullish OB-IDM & SMT · Bearish OB-IDM & SMT · FVG

Trend visual controls

  • Colour background by structure · Background colour transparency · Show trend divider

Premium / Discount zones

  • Show Premium/Discount Zones · Represent as (zones / lines)
  • Premium, Discount, Upper, Central line (equilibrium), Lower

Alerts

  • External structure — alert per element when price approaches that area/level
  • Internal structure — same for the microstructure, incl. crossing the P/D equilibrium

07The "Primary" entry point

Enter when a signal candle (from MH ToolBox) appears on a touch or break of an order block — never on a signal candle alone. Wait for price to reach an OB zone, then for a same-direction signal candle.

Signal-candle colours

  • Long — light-blue (medium probability), blue (high probability)
  • Short — purple (medium probability), black (high probability)

Colours are configurable; "green/red" below refer to the high-probability long/short candles.

Order-block types

  • OB-IDM — a weaker order block
  • OB-EXT / OB-Previous — stronger order blocks

Risk by combination (longs; shorts mirror)

  • Green candle + OB-EXT — 100% of your usual risk
  • Green candle + OB-IDM — 50%
  • Blue candle + OB-EXT — 50%
  • Blue candle + OB-IDM — 25%

Place the SL behind the OB (or behind a large signal candle, or the nearest high/low after the test/break) and the TP for a 1:1 risk/reward. One re-entry is allowed after a stop-out — wait for the next signal candle in the same OB zone after a liquidity sweep.

Long entry — signal candle in OB-EXT zone
Long entry — green candle in an OB-EXT zone, SL behind the OB, TP 1:1

08Trade examples

A trade is entered when a Smart Point candle appears. Each example marks the entry, take profit, and stop loss on the chart, with the resulting percentage — drawn directly by the indicator's structure and order blocks.

Trade example with markup
Entry, TP and SL marked on the structure

More trades from traders and students are shared in the SMCZone community.

09Markets & timeframes

The indicator is universal — Forex (majors, crosses, exotics), stocks & indices (S&P 500, NASDAQ, DAX…), commodities (gold, oil, silver), crypto (spot and futures), and ETFs — on any timeframe. For the Smart Point system we recommend:

  • Crypto — 1m–5m
  • Stocks & Forex — 5m–15m

10Troubleshooting

The indicator draws nothing

Usually a strong move on the lower TF. Check D1/W1 — if markup is there, scroll back to the recent strong drop/rise, then in the settings choose Since selected date and set the extreme's date and time. The zones reappear.

Since selected date — MT4 / MT5 Properties
MT4 / MT5 — set Draw structure → Since selected date with the extreme's date/time

11Support

Questions about how the indicator works, installation, setup, or interpreting signals — the team is ready to help.

  • Live chat — open chat from your SMCZone dashboard; an AI bot triages and a senior trader takes over for execution, billing or technical issues
  • Email support@smczone.io
  • Private community — subscribers get access to the SMCZone community (market reviews, webinars, live Q&A)

Money Hunter SMC brings objective, ready-made structural markup to any chart on MT4/MT5 and TradingView — so you spend your time on decisions, not drawing. Pair it with Money Hunter ToolBox for points of interest and signal candles.

Risk disclaimer. Transactions in securities and other financial instruments involve risks and may lead to both profits and losses; you should not begin working with investment products if you are not prepared for the risk of partial and/or total loss of all invested funds. Before making decisions, review the Risk Disclosure Notice.