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Coinank's new SMC indicator is really impressive.
So what is SMC?
SMC is basically the smart money trading concept, originally derived from foreign exchange institutional analysis methodology. The core logic is: market trends are primarily driven by large institutional funds, and their operations leave obvious traces on candlestick charts.
Unlike lagging indicators like MACD and RSI, SMC doesn't calculate based on historical data—it only focuses on price structure and captures the institution's true entry and exit signals.
The usage process is also very simple:
1️⃣ Open
2️⃣ Click the "Indicator" button on the chart
3️⃣ Search for SMC Structure and add it to the chart, then start using it
Looking at the position given by SMC, it's more inclined toward a short signal, so decisively went short and caught a nice swing trade.