OPEN-SOURCE SCRIPT

FU Candle Detector (Smart Money Concept) En Anglais

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🧠 Overall concept: “FU Candle” in Smart Money logic

In the context of Smart Money Concepts (SMC) or ICT (Inner Circle Trader), an FU Candle (also known as a “Fakeout Candle” or “Manipulation Candle”) is a candle that:

Creates an imbalance or a break (often above a swing high or below a swing low),

Attracts liquidity by trapping retail traders (liquidity grab),

Then abruptly reverses direction, revealing the hand of “Smart Money” (large institutions).


It therefore often marks:

The point of manipulation before an impulsive movement (reversal),

An area of interest for entering in the institutional direction (after the liquidity grab).



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⚙️ How the “FU Candle Detector” script works

The script identifies these candlesticks by observing several typical criteria:

1. Detection of the manipulative candle (FU Candle)

Search for a candlestick that breaks a previous swing (significant high or low),

But closes in the opposite direction, often below/above the broken zone,

Thus indicating a fakeout.


Examples:

Bullish FU Candle: breaks a previous low, but closes bullish.

Bearish FU Candle: breaks a previous high, but closes bearish.



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2. Visualization on the chart

The script generally displays:

🔴 Red markers for bearish FUs (Fake Breakout upwards),

🟢 Green markers for bullish FUs (Fake Breakout downwards),
🟦 Rectangles of areas of interest (often around the FU Candle Open),

📏 Horizontal lines on areas of imbalance (OB/FVG if integrated).



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3. Possible additions depending on the version

Depending on the version you have received, the script can also:

Detect Fair Value Gaps (FVG) around FU Candles,

Mark Order Blocks (OB) associated with manipulation,

Add alerts when new FU Candles are detected,

Calculate the distance between the manipulation point and the price return,

Filter according to candle size, volume, or market structure (MSB/CHoCH).



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🎯 Practical use

FU Candles are often used:

As confirmation of an imminent reversal,

To identify institutional entry zones (hidden Order Block),

To anticipate the direction of the next impulse after the liquidity hunt.


Typical entry example:

> Wait for the formation of an FU Candle + price return within the candle body = entry in the opposite direction to the false breakout.
📈 Recommended combinations

This detector is often combined with:

Structure Break Indicator (CHoCH / BOS)

Liquidity Pool Zones

Fair Value Gap Finder

Order Block Detector


This gives you a complete Smart Money Concept system, capable of mapping:

1. Where liquidity has been taken,


2. Where the price is rebalancing,


3. Where Smart Money is repositioning its orders.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.