SMC ICT – Simplified Daily Trend & Reversal Analyzer

This Pine Script provides a simplified approach to analyzing daily trends and potential reversals using concepts inspired by Smart Money Concepts (SMC) and ICT (Inner Circle Trader).

What It Does:
• Detects daily uptrend and downtrend conditions by comparing the current daily high/low to the previous day’s values.
• Highlights potential bullish or bearish reversal zones when price behavior suggests a shift in sentiment.
• Automatically draws dashed lines for the previous day's high and low.
• Labels these high/low levels for quick visual reference.

How to Use:
Apply this indicator to any timeframe chart. Use the plotted trend markers to assess daily direction and potential reversal signals. The dashed lines (previous high/low) can be used as reference points for liquidity zones or break/retest entries.

User Interface:
The indicator displays labels and shapes in English. This script is intended for educational and trading workflow enhancement purposes.

Note:
This is an open-source tool designed for clarity and basic SMC/ICT application. It is best used in combination with other confluences like FVGs, order blocks, and liquidity sweeps.