View all 30 currency pairs' SMC at a glance in MT4 with the "Circular Radar" 【SMC-Compass】#03
This time, we will introduceSMC-Compassas the third release in the SMC series.
In a word,
it is an overview tool that allows you to see at a glance the confluence of SMC (Smart Money Concept) across all 30 currency pairs, using a circular radar with an image background on the main chart.
Do you have these concerns
If you’re watching the market with SMC, I think many traders can relate to the following scenarios.
To check a currency pair you’re interested in, youopen the chart one by oneand examine it, which is very time-consuming
While looking at everything, youmiss a moment when there was momentum.
There is no way to grasp “which pairs have converging conditions right now” at a glance all at once
You check BOS, OB, FVG, etc., across many pairs and your eyes get tired
Personally, I struggled with exactly this. SMC analysis can be deep when you look at one pair at a time, but there was no way to obtain an overview of where strong setups are gathering.
What is SMC-Compass
So, to solve that problem, I created SMC-Compass.
For up to 30 currency pairs, it detects SMC signals andintegrates the overlaps (confluence) into direction and strength scores, displaying them all at once on the main chart’s circular radar. It’s a tool to quickly scan all pairs “broadly and shallowly” andidentify potential targets.
How to read the radar — buy on the top, sell on the bottom, and the outer edge is strongest
The center of this tool is a semi-transparent circular radarsemi-transparent circular radarthat overlaps the main chart. Reading it is very simple.
Upper half = buy direction, lower half = sell directionfor the pairs that show confluence
Distance from the center = confluence strength (0–5). The center is strength 0, the outer edge is strength 5 (maximum)
In other words,the farther a pair is toward the outer edge, the more likely its conditions are currently converging.
Colors: green = buy / red = sell. Colors intensify from strength 2 to 5; pale colors indicate weaker setups, darker colors indicate stronger setups
Each pair is displayed as a● dot, and among themstrong pairs have full-name labels. Weaker pairs are shown as dots, while stronger pairs stand out with names, so you can spot important pairs at a glance on the radar. The background is translucent, socandlesticks remain visible through it and do not obstruct chart analysis.
What the scores mean — the more corroborating reasons, the further outward
The confluence strength shown on the radar is the result of detecting five SMC elements for each pair and integrating their overlaps.
BOS / CHoCH(structure break / turn. Reduces false signals with ATR buffer)
Order Block(with validation of invalidation)
Fair Value Gap(with validation of invalidation)
Liquidity Sweep(liquidity sweep)
Premium / Discount(judged as overbought/oversold based on the latest swing range)
The more these overlap, the higher the score, and the radar pushes them outward toward the edge.Pairs supported by only one basis sink toward the center, while those aligned in the same direction with multiple bases stand out at the periphery.
This scoring is designed to be consistent with the judging logic of its sister toolSMC-Signal. This ensures that when you deepen your analysis of radar-found candidates with Signal, the narrative stays coherent.
Currency strength ranking shown simultaneously
Beside the radar, you can also display acurrency strength ranking. Knowing which currencies are being bought or sold helps you align with the radar’s direction, and pairs whose currency strength order matches the radar direction become higher-priority candidates that follow the current flow.
Alerts to avoid missing out
Even if you aren’t watching the radar constantly, you will be notified when a strong setup arrives via three alert channels (pop-up / push notification / sound).
As a careful but important consideration, we suppress notifying all pairs at startup, and we also implement a cooldown for repeated alerts on the same pair. The notifications are practical and won’t keep sounding.
No repaint — judged only on closed candles
To be candid, I’d like to share this part clearly.
SMC-Compass detects and judges only onclosed candles. It does not judge on forming candles, sothere is no repaint where the display changes later.
Indicators that repaint are often those that look right in hindsight. But in actual trading, I believe you should rely on decisions made from closed candles, with a display that does not repaint. That’s why I focused on closed-candle judgment.
Customization
You can adjust the main aspects to suit your style and market view.
MinConfluence: Hide anything below this strength. Increase it to leave only stronger candidates
LabelMinStrength: Minimum strength to display name labels. Adjust to increase/decrease visibility
BreakoutBuffer_ATR: Buffer for structure breaks. Raising it makes false-breaks less likely
Radar position: You can place it anywhere using a reference corner and center offset
Displayed pairs: 30 pairs can be toggled on/off individually. You can focus only on the pairs you want
Operating environment
Platform:MetaTrader4
Recommended timeframes:M15 / M30 / H1 / H4
Although it handles many currencies,time-driven with rotation updates (the number of pairs recalculated per Tick can be adjusted with PairsPerTick) is designed to keep it lightweight. The broker suffixes (.raw, m, etc.) areauto-detected, so minimal setup is required. The radar background image is embedded within the indicator itself, so there is no need to copy files separately.
Why I made it
To be repetitive, the reason I created this tool is simple.
Opening many currency pairs one by one to check them is exhausting and makes you miss momentum.I wanted a quick way to know at a glance which pairs have converging conditions. With that in mind, I consolidated all pairs into a single radar.
Every morning, open your chart and first glance at the radar. If there are pairs attached to the outer edge, start deepening from there. That’s the intended workflow.
Natural to use with SMC-Signal
I also have another tool,SMC-Signal, a single-chart SMC analysis tool. The roles of the two tools are clearly distinct.
SMC-Signal: Analyzes one chart indepth and provides guidance for arrows and TP/SL, a “narrow and deep” tool
SMC-Compass: Overviews all pairsbroad and shallow to locate where strong setups exist
A recommended flow is touse Compass to identify targets → then drill down with Signal or the actual chart for the interesting pairs. The dots on the radar are clickable, so you can open the chart for that pair directly, making a smooth transition from overview to detailed check.
There are also articles explaining SMC-Signal and SMC-Radar in this magazine.
Sales information
SMC-Compass is available for sale on GogoJungle.
I hope it makes the daily checks for multi-currency traders a little easier.
Disclaimer
This tool does not provide investment advice. It may suggest market timing or directional cues, but it does not guarantee profits or win rate. The information displayed is only a supplementary, high-level reference to assist discretionary judgment, and final trading decisions should be made by you. Depending on market conditions or broker-provided data, detection results or displays may differ from expectations.
Wishing you good trades.