Smart Money Concept (SMC) Indicator
The Smart Money Concept (SMC) Indicator is a trading tool used to identify potential market movements by analyzing the behavior of institutional investors, or "smart money." This approach involves tracking price action, volume, and market structure to discern the intentions of large players in the market. Traders using SMC indicators look for signals such as accumulation and distribution phases, liquidity zones, and key levels of support and resistance to inform their trading decisions. By focusing on the patterns and strategies employed by institutional traders, the SMC aims to provide insights that can lead to more informed and effective trading strategies.