● Free SMC Trading Tools & Calculators

Professional SMC Trading Calculators

Master smart money concepts with our free forex calculators. Calculate pip values, compound returns, and track trading consistency for prop firm challenges.

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Free SMC Trading Tools

Master SMC Trading Concepts

Complete guide to understanding Smart Money entry models and institutional trading

Break of Structure (BOS)

Occurs when price closes beyond a significant swing high/low for at least 3 consecutive candles, confirming trend continuation.

Key Rules

  • Must close beyond structure
  • Minimum 3 consecutive closes
  • Confirms trend direction

Change of Character (ChoCH)

Signals potential trend reversal by breaking the established BOS level in the opposite direction after trend has been confirmed.

Key Rules

  • Occurs AFTER BOS establishes trend
  • Breaks BOS level opposite direction
  • Wait for confirmation

Order Block (OB)

The last opposite candle before a strong impulse move where institutions placed large orders. Prime zone for retest entries.

Entry Strategy

  • Identify last opposite candle
  • Wait for price return
  • Enter at 50% or extreme

SMC Risk Management Rules

Essential Risk Rules

  • Never risk more than 1-2% per trade
  • Always use stop losses beyond OB zone
  • Minimum 1:3 risk/reward ratio
  • Confirm with higher timeframes
  • Wait for retest confirmation

Common Mistakes

  • Chasing breakouts without retest
  • Ignoring higher timeframe structure
  • Entering before ChoCH confirmation
  • No stop loss or too tight stops
  • Trading against market structure

Frequently Asked Questions

Are SMC Trading Tools completely free to use?

Yes, all our SMC trading calculators and educational tools are 100% free to use. No registration, no hidden fees, no credit card required.

What is a pip calculator and why do I need it?

A pip calculator helps you determine the exact value of each pip movement in your account currency. It's essential for proper position sizing and risk management in forex trading.

Can I use these tools on mobile devices?

Yes! All our calculators are fully responsive and optimized for mobile, tablet, and desktop devices. Calculate pip values and track consistency anywhere.

How often are the tools updated?

We continuously update our calculators to ensure accuracy and add new features based on trader feedback. All calculations are performed in real-time.

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