Market Structure Oscillator [BigBeluga]🔵 OVERVIEW
Market Structure Oscillator is a dual-purpose tool that tracks market structure breaks (CHoCH & BoS) on the price chart while calculating a trend-filtered momentum oscillator in a separate pane. It solves the problem of conflicting signals by forcing the momentum oscillator to align with the structural trend—keeping momentum values strictly above 50 during an uptrend and below 50 during a downtrend.
🔵 HOW IT WORKS
The indicator combines a market structure state machine with a
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