smc inefficiency vs efficiency, imbalance, in chinese

 In Smart Money Concepts (SMC) trading, inefficiency, efficiency, and imbalance describe how and why price moves across a chart, particularly through Fair Value Gaps (FVGs). [1]

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Terminology Comparison & Chinese Translations

English SMC Term	Chinese Translation (Simplified)	Chinese Translation (Traditional)	What It Means in Trading
Inefficiency	低效 / 市场低效	低效 / 市場低效	Price moves too fast with one-sided orders, leaving a gap.
Efficiency	高效 / 价格平衡	高效 / 價格平衡	Price has traded back and forth, filling orders for both buyers and sellers.
Imbalance	失衡 / 不平衡	失衡 / 不平衡	An unequal volume of buy vs. sell orders causing a sharp gap (often an FVG).
Fair Value Gap (FVG)	公允价值缺口	公允價值缺口	The visible physical gap on the chart representing that inefficiency/imbalance.

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Core Concepts Explained

Inefficiency / Imbalance (低效 / 失衡):
• What it is: When institutional smart money injects heavy, one-sided volume (buying or selling) with extreme momentum, price displaces rapidly.
• The result: Not enough opposing orders get filled at those specific price levels. This creates a gap (like a Fair Value Gap) on the candlestick chart where trade execution was one-sided. [1, 2, 3, 4]
Efficiency (高效 / 回补平衡):
• What it is: The market acts like a magnet and hates leaving open gaps. Mitigation or rebalancing happens when price retraces back into that inefficient/imbalanced zone to fill the resting or opposite-side orders. Once filled and traded through properly, the area moves toward being efficient (fair value). [1, 2, 3, 4]

ADBE stock | D chart | Marketsmith indicator

 

VZ stock earning | Oct 24 2026

 

Tmus stock | D chart | Target band - Short impulse leg

 

CRDO stock | Trades | Oct 23 2026

 

why crdo stock sliding down today? In chinese

 主要下跌原因

竞争威胁与大客户/竞争对手动态：市场对光缆及高速连接器领域的竞争加剧感到担忧，尤其是竞争对手（如 Broadcom、MaxLinear 或 Cisco 相关项目）在 1.6T 铜缆与光缆方案上的竞争压力，引发了投资者对市场份额的担忧。 [1, 2]
部署时间线与“利好出尽”（Sell the News）：公司此前在 OCP Global Summit 等场合发布了 1.6T ZeroFlap 有源光缆等创新产品，但其大规模商业发货预期要到 2027 年，较远期的时间表导致部分投资者选择“见光死”（获利了结或不愿仅凭远期规划支付高溢价）。 [1, 2]
内部人士减持（Insider Selling）：近期高管和内部人士（如 CTO Chi Cheng、CEO William Brennan 等通过预安排交易计划或家族信托）的持续减持动作，在市场情绪脆弱时放大了投资者的谨慎与抛压。 [1, 2]
AI 板块整体与宏观情绪：伴随近期人工智能（AI）产业链个股普遍出现震荡或估值消化、以及大盘和半导体板块调整，高估值的高速互联芯片标的面临共同的资金流出压力。 [1, 2]

UNH stock | D chart | Earnings - Before earnings and after earnings

 

Oct 23 2026 | CRWD PANW OKTA NET | D chart | EMA 100

 

Stock Market Today, Oct. 23: AT&T Slides on SpaceX Cell-Site Talks

Bloomberg's report of SpaceX negotiations for 80,000 cell sites reignited carrier-competition fears, sending wireless stocks lower, today, Oct. 23, 2026.

By Will Healy – Oct 23, 2026 at 5:05PM EST 

AT&T (T-7.96%), a wireless and fiber telecom services provider, closed at $20.93, down 7.96%. Bloomberg's report on SpaceX's cell-site talks pressured the stock, and investors are now watching wireless competition and capital strategy.
Trading volume reached 84.6M shares, coming in about 88% above its three-month average of 45.1M shares.

How the markets moved today

S&P 500 (^GSPC-0.52%) fell 0.53% to 7,623, and the Nasdaq Composite (^IXIC-0.21%) slipped 0.21% to 25,955. In U.S. wireless telecommunications services and fiber broadband, Verizon Communications closed at $44.66, down 1.19%, while T-Mobile US fell 7.71% to $146.54 as concerns about carrier competition remained in focus.

What this means for investors

AT&T stock plunged after Bloomberg reported that Space Exploration Technologies is in negotiations to obtain access to around 80,000 cell sites, presumably to build America's fourth nationwide wireless network.

AT&T and its peers, Verizon and T-Mobile, have long operated on the premise that prospective new competitors would avoid entering the market due to the high likelihood of massive capital costs and low profit margins.

Now, SpaceX is blowing this theory out of the water. Additionally, with satellite coverage supplementing a terrestrial network, it would have a competitive advantage among customers who spend a lot of time in rural areas, likely placing further competitive pressure on AT&T.

These fears have also seemed to overshadow good news for AT&T. In its Oct. 21 earnings report, AT&T beat earnings estimates and raised its 2026 guidance. Additionally, NBT Bancorp bought 91,368 AT&T shares valued at around $2.23 million.

Admittedly, an added competitive challenge does not bode particularly well for AT&T. Nonetheless, AT&T provides a necessary service, and wireless customers tend to be sticky. Moreover, investors can buy AT&T stock now at an 11 P/E ratio and earn a 5.3% dividend yield, suggesting the Friday sell-off of the communication stock might be a buying opportunity.

MRVL stock | 5 min chart |

 

Take profit - Should consider 5 min chart EMA 200 - purple color line 

VZ stock | 5 min chart | 250 shares | Trade with gain $

 

T stock | 1 min vs 5 min chart

 

5 min chart - More update

marketsmith rs rating github page free download

 If you are looking for a free GitHub repository to replicate the Investor's Business Daily (IBD) / MarketSmith Relative Strength (RS) Rating (the 1-99 percentile score) or its visual layout, there are a few primary open-source projects you can download:

1. MarketSmith Indicator for TradingView (by Fred6725)

This is the most popular repository for replicates of the MarketSmith visual template and RS Rating directly onto a free TradingView account. [1]

What it is: A 4-in-1 tool containing customized MarketSmith-style bars, daily/weekly SMA/EMA, high/low points, and an integrated IBD-style RS Rating (1-99 score). [1, 2]
How it works: It uses an auto-updating Python backend hosted on GitHub to process US stock data, matching the actual MarketSmith RS scoring with an average deviation of only ±3 to 5 points. [1]
Download/View Code: Fred6725 / MarketSmith-Indicator-TradingView GitHub [1]
Alternative (Python Backend only): Fred6725 / relative-strength GitHub [1]

2. IBD-Style Relative Strength Percentile Ranking (by skyte)

If you want a standalone local script rather than a TradingView integration, this repository computes the math behind the 0-100 RS score natively.

What it is: A Python script that downloads data directly from Yahoo Finance, measures yearly stock performance (weighting the most recent quarter double), and compares it against the SPY index to rank tickers into a percentile. [1]
Output: Generates local spreadsheet files (rs_stocks.csv and rs_industries.csv). [1]
Download/View Code: skyte / relative-strength GitHub [1]

3. MarketSmith "Blue Dot" RS Screener (by iArpanK)

MarketSmith premium users heavily rely on the "Blue Dot" scanner, which flags stocks hitting a new high in their RS Line. [1]

What it is: A Python-based screener that scans for stocks making new highs in Relative Strength and sorts them using the exact same calculation formula as the IBD RS Rating. [1]
Download/View Code: iArpanK / RS-Screener GitHub [1]

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How to use these downloaded scripts:

For TradingView scripts: You do not even need to install Python. Go to the GitHub page, open the .txt or .pine code file, copy the script, open the Pine Editor at the bottom of your TradingView chart, paste it, and click Add to Chart.
For Python programs (skyte or iArpanK): Download the ZIP folder from GitHub, ensure you have Python installed, and run pip install -r requirements.txt via your terminal to acquire the necessary dependencies (like yfinance) before running the script. [1]

Are you planning to run a standalone scanner code on your desktop, or are you trying to apply a visual layout directly onto charts like TradingView? Let me know so I can guide you through the setup!