Screener (ILPAC)

The Screener (ILPAC) is the ultimate dashboard for Smart Money Concepts (SMC) traders. It expands the logic of the Institutional Liquidity & Price Action Concepts indicator into a multi-asset scanner.

This tool allows you to monitor Market Structure shifts, Institutional Liquidity clusters, Trendline breaks, and Momentum anomalies (FOMO) across 18 distinct assets in real-time, removing the need to manually chart every ticker.

Dashboard Overview

The screener is divided into specific modules that track the core components of price action analysis.

Column Breakdown

  1. Asset

    • The symbol ticker (e.g., BTCUSDT, EURUSD, XAUUSD).

    • Note: You can customize the 18 symbols in the settings menu.

  2. Market Structure (Trend)

    • Displays the current structural trend based on Swing Highs and Swing Lows.

    • Bull: The asset is making Higher Highs and Higher Lows.

    • Bear: The asset is making Lower Highs and Lower Lows.

    • Detecting: The market is currently consolidating or the trend is undefined.

  3. Structure Event

    • Alerts you to significant structural shifts occurring on the current bar.

    • Bull/Bear CHoCH (Change of Character): The first sign of a potential reversal (e.g., breaking a recent Swing High in a downtrend).

    • Bull/Bear BOS (Break of Structure): Continuation of the current trend (e.g., breaking a Swing High in an uptrend).

  4. Latest Swing Label

    • Identifies the most recent pivot point formed.

    • HH: Higher High.

    • HL: Higher Low.

    • LH: Lower High.

    • LL: Lower Low.

  5. Liquidity Bias

    • Analyzes the Liquidation Heatmap to determine where the resting orders are.

    • ▲ (Value): More liquidity is resting above price (Magnet for price to move up).

    • ▼ (Value): More liquidity is resting below price (Magnet for price to move down).

    • The number represents the relative strength/volume of the liquidity cluster.

  6. Liquidity Event

    • Tracks interactions with liquidity levels.

    • New▲/▼: A new cluster of liquidity has just formed.

    • Mit▲/▼ (Mitigation): Price has tapped into a liquidity zone (swept the level). This is often a precursor to a reversal.

  7. Trend Line

    • Automated trendline detection based on pivots.

    • Bull TL / Bear TL: Indicates price is respecting a trendline.

    • Break▲ / Break▼: Price has just closed beyond a valid trendline, signaling a potential breakout.

  8. FOMO

    • Detects "Fear Of Missing Out" momentum bubbles (rapid price/volume expansion).

    • Small / Med / Big (▲/▼): Indicates the intensity of the buying or selling pressure. "Big" signals often mark capitulation or euphoria events.


Settings & Configuration

Because this screener runs heavy calculations for 18 assets, you can toggle specific modules on or off to optimize performance and visual preference.

Watchlist

The screener accepts up to 18 symbols. By default, these are grouped into:

  • Crypto: (BTC, ETH, SOL, XRP, ADA, DOGE)

  • Stocks: (AAPL, MSFT, NVDA, TSLA, AMZN, GOOGL, META, PLTR, V, WMT)

  • Metals: (Gold, Silver)

Market Structure

  • Market Structure: Toggles the Trend, Event, and Swing Label columns.

  • Swing Size: Determines the sensitivity of the pivot detection. Lower numbers (e.g., 5) are for scalping; higher numbers (e.g., 20) are for swing trading.

Liquidation Heatmap

  • Liquidation Heatmap: Toggles the Liquidity Bias and Event columns.

  • Heatmap Lookback: How far back the algorithm scans for resting liquidity.

  • Heatmap Resolution: Adjusts the granularity of the price zones.

Trend Lines

  • Trend Lines: Toggles the Trend Line column.

  • Pivot Lookback: The length used to validate trendline points.

FOMO Bubbles

  • FOMO Bubbles: Toggles the FOMO column.

  • Noise Filter: Filters out insignificant volume spikes.


How to Use

1. The "Sweep and Reversal" Setup

This is a classic SMC setup.

  • Look for the Liquidity Event column to show "Mit▼" (Mitigation of Sell-side liquidity/Sweeping the lows).

  • Wait for the Structure Event column to flash "Bull CHoCH".

  • This combination confirms that price swept liquidity and immediately shifted structure to the upside.

2. Trend Continuation

  • Ensure the Market Structure is "Bull".

  • Look for a "Bull BOS" in the Structure Event column.

  • Confirm with FOMO showing "Small▲" or "Med▲" (indicating healthy momentum, not exhaustion).

3. Breakout Trading

  • Scan the Trend Line column for "Break▲".

  • Check the Liquidity Bias. If it shows with a high value, it means price broke the trendline and is being pulled toward a liquidity cluster above.

4. Exhaustion/Reversal

  • If FOMO shows "Big▲" (Euphoria) and the asset hits a "Mit▲" (Buy-side liquidity sweep), this is a high-probability shorting opportunity as the move is likely overextended.

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