RenkoGurus
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On this page
  • Signals & Trade Execution Logic
  • πŸ“Œ Signal Categories
  • 🧭 Using Premium & Discount Zones for Trading
  • πŸ“£ Alerts Summary
  1. Indicators
  2. RenkoGurus-SmartMoney

Signals

Signals & Trade Execution Logic

How to trade like smart money using RenkoGurus-SmartMoney


πŸ“Œ Signal Categories

RenkoGurus-SmartMoney provides a wide array of actionable real-time signals, each designed to alert traders to institutional activity, price manipulation, or structure shifts. These signals are grouped into four main categories:


πŸ” Market Structure Break Signals

These signals help identify trend shifts and continuation moves based on internal and swing structure logic.

Signal

Meaning

Use Case

🟒 Internal Bullish BOS

Break of internal bullish structure

Early confirmation of trend up

πŸ”΄ Internal Bearish BOS

Break of internal bearish structure

Early confirmation of trend down

🟒 Internal Bullish CHoCH

Change of character to bullish

Trend reversal or liquidity grab

πŸ”΄ Internal Bearish CHoCH

Change of character to bearish

Potential reversal from highs

🟒 Swing Bullish BOS

Break of major bullish structure

Trend continuation (strong)

πŸ”΄ Swing Bearish BOS

Break of major bearish structure

Trend continuation (strong)

🟒 Swing Bullish CHoCH

Macro trend reversal to bullish

Ideal for major long entries

πŸ”΄ Swing Bearish CHoCH

Macro trend reversal to bearish

Ideal for major short entries


πŸ“¦ Order Block Breakouts

These indicate smart money entries or exits by detecting price interaction with previously identified order blocks.

Signal

Trigger Condition

Action

🟩 Bullish Internal OB Breakout

Price closes above bullish internal OB

Look for long entries

πŸŸ₯ Bearish Internal OB Breakout

Price closes below bearish internal OB

Look for short entries

🟩 Bullish Swing OB Breakout

Price closes above swing-level OB

Strong confirmation to go long

πŸŸ₯ Bearish Swing OB Breakout

Price closes below swing-level OB

Strong confirmation to go short


πŸ“Š Liquidity Pool Signals

These identify liquidity traps and target zones where smart money may reverse or enter positions.

Signal

Meaning

Action

🟒 Equal Lows

Potential liquidity pool below lows

Possible long setup after sweep

πŸ”΄ Equal Highs

Potential liquidity pool above highs

Possible short setup after sweep


⚑ Fair Value Gap (FVG) Signals

These mark imbalanced zones where price may return to fill gaps (inefficiencies) created by strong moves.

Signal

Condition

Action

🟩 Bullish FVG

Strong move up creating a gap

Look for retracement to enter long

πŸŸ₯ Bearish FVG

Strong move down creating a gap

Look for retracement to enter short


🧭 Using Premium & Discount Zones for Trading

The indicator features two types of Premium/Discount zones to help you identify institutional entry points:

πŸ”Ή Short-Term Zones (S/R Based)

  • Dynamic Discount Zone A box is drawn around recent low-volume support using the SR lookback window. βœ… Go Long when:

    • Price dips into this zone

    • Candle closes strong above low

    • Volume bounce confirmation appears

    • Structure confirms (e.g., internal CHoCH)

  • Dynamic Premium Zone A box around recent high-volume resistance βœ… Go Short when:

    • Price taps into this premium area

    • Weak candle prints below high

    • Volume rejection or BOS confirms

These zones adapt every ~50 bars and include delta volume calculations to enhance confidence in reversals.


πŸ”Έ Macro Zones (Long-Term Value)

  • Macro Discount Zone Based on the last 500 bars of volume and price action

    • Appears as a light green box

    • Ideal for swing or position long entries

    • Often aligns with swing lows, CHoCH, or fair value gap fills

  • Macro Premium Zone Based on the last 500 bars of macro resistance

    • Appears as a light red box

    • Ideal for short setups or exits on longs

    • Aligns with macro highs, swing breaks, or FVG targets


πŸ“ˆ Example Long Setup (Discount Zone + Confirmation)

  1. Price enters discount zone (green box).

  2. Internal CHoCH or bullish OB is formed.

  3. Volume delta shifts to positive (visible in box).

  4. Alert: β€œDiscount Buy Signal” is triggered.

  5. Execute long trade, target next swing high or FVG.


πŸ“‰ Example Short Setup (Premium Zone + Confirmation)

  1. Price enters premium zone (red box).

  2. Bearish internal or swing BOS confirms.

  3. Volume delta is negative.

  4. Alert: β€œPremium Sell Signal” is triggered.

  5. Execute short, targeting swing lows or macro support.


πŸ“£ Alerts Summary

All signals can trigger alerts for full automation or quick decision-making. Use alerts with TradingView webhooks for bot integration or mobile notifications.

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Last updated 18 days ago