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Smart Money Concepts — Liquidity Indicator

Smart Money Concepts

Liquidity Indicator

100% Free

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Runs on MetaTrader 5 on a computer · 153 KB

Plots live market structure (internal and external BOS/CHOCH), order blocks, premium and discount zones, and equal highs and lows. All of it is drawn automatically from a single indicator, so none of these levels need to be marked by hand.

PlatformMetaTrader 5

PriceFree

Yakuzza test result

We ran this indicator in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026. It loaded and ran without errors.

How to install

Open MetaTrader 5, then File -> Open Data Folder. Go into the MQL5 folder, then Experts for a robot or Indicators for an indicator, and drop the file there. Restart the platform and you will find it in the Navigator panel.

Library last updated: 2026-10-18

Questions about Smart Money Concepts

Is Smart Money Concepts free?

Yes. Smart Money Concepts is free to download on Yakuzza, with no subscription and no card. You only need a free account to download it.

Does Smart Money Concepts work on MT4?

No. The file in our library is built for MetaTrader 5 (.ex5), so it will not load in MetaTrader 4. MetaTrader 5 is free from your broker.

Which symbol and timeframe should I use?

The developer does not list fixed settings. We tested it on XAUUSD M15, so that is a safe place to start on a demo account.

Has Smart Money Concepts been tested?

Yes. We ran it in the MetaTrader 5 Strategy Tester on XAUUSD (M15) over September 2026 and it ran without errors.

Other versions and related tools

Smart Money Concepts 2026 indicator

Guides that help with this tool

How to install an indicator on MetaTrader 5 Smart money and liquidity Which timeframe suits you? All Liquidity indicators Compare them all in one table