OPEN-SOURCE SCRIPT
Smart Market Structure Pro
Description:
This indicator automatically detects and marks significant swing highs and swing lows using pivot-based market structure analysis.
Features:
Identifies Swing Highs and Swing Lows.
Labels market structure as:
HH (Higher High)
HL (Higher Low)
LH (Lower High)
LL (Lower Low)
Draws structure lines connecting consecutive highs and lows.
Helps traders visualize trend direction and market structure.
Suitable for Forex, Gold, Indices, Stocks, and Cryptocurrencies.
Works on all timeframes, including 1-minute charts.
How to Use:
A sequence of HH and HL indicates an uptrend.
A sequence of LH and LL indicates a downtrend.
Use market structure breaks as potential trend reversal signals.
Combine with support/resistance, moving averages, or supply and demand zones for better trade confirmation.
Recommended Settings:
Aggressive: Left Bars = 3, Right Bars = 3
Balanced: Left Bars = 5, Right Bars = 5
Conservative: Left Bars = 8, Right Bars = 8
Disclaimer:
This indicator is for educational and analytical purposes only and should not be considered financial advice. Always use proper risk management when trading.
This indicator automatically detects and marks significant swing highs and swing lows using pivot-based market structure analysis.
Features:
Identifies Swing Highs and Swing Lows.
Labels market structure as:
HH (Higher High)
HL (Higher Low)
LH (Lower High)
LL (Lower Low)
Draws structure lines connecting consecutive highs and lows.
Helps traders visualize trend direction and market structure.
Suitable for Forex, Gold, Indices, Stocks, and Cryptocurrencies.
Works on all timeframes, including 1-minute charts.
How to Use:
A sequence of HH and HL indicates an uptrend.
A sequence of LH and LL indicates a downtrend.
Use market structure breaks as potential trend reversal signals.
Combine with support/resistance, moving averages, or supply and demand zones for better trade confirmation.
Recommended Settings:
Aggressive: Left Bars = 3, Right Bars = 3
Balanced: Left Bars = 5, Right Bars = 5
Conservative: Left Bars = 8, Right Bars = 8
Disclaimer:
This indicator is for educational and analytical purposes only and should not be considered financial advice. Always use proper risk management when trading.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.