Sight of Market Structure | Setup [JPT]
🔷 OVERVIEW
Sight of Market Structure [JPT] is a market structure analysis indicator designed to help traders understand price action, identify structural shifts, and monitor important market levels.
It combines Swing Structure, Internal Structure, Break of Structure (BOS), Change of Character (CHoCH), Supply & Demand Zones, and Equal Highs & Lows (EQH/EQL) into one chart-based analytical tool.
The indicator provides a clear view of bullish and bearish market behavior, helping traders identify potential continuation and reversal areas.
🔷 FEATURES
Swing Market Structure (HH, HL, LH, LL)
Internal Market Structure
Bullish & Bearish BOS Detection
Bullish & Bearish CHoCH Detection
Automatic Supply & Demand Zones
Equal Highs (EQH) & Equal Lows (EQL)
Dynamic Swing High & Low Levels
Zone Mitigation Detection
Customizable Pivot Lengths
Built-in Alert Conditions
🔷 HOW IT WORKS
1. Swing Structure
Identifies major market turning points and classifies them into Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL).
2. Internal Structure
Tracks smaller price movements using a shorter pivot length to identify internal bullish and bearish structural breaks.
3. Break of Structure (BOS)
Detects when price breaks an established structural high or low, helping identify potential trend continuation.
4. Change of Character (CHoCH)
Identifies potential market direction changes when price breaks against the previously established structural trend.
5. Supply & Demand Zones
Automatically identifies potential supply and demand areas using the most recent opposite-direction candle following a confirmed swing structure breakout.
6. Equal Highs & Equal Lows
Highlights nearby swing highs and lows within a configurable ATR-based tolerance, helping traders identify potential liquidity areas.
7. Zone Mitigation
Removes demand zones when price closes below them and supply zones when price closes above them.
🔷 HOW TO USE
Identify the overall market direction using swing structure.
Monitor HH, HL, LH, and LL formations.
Use BOS to identify potential continuation opportunities.
Watch CHoCH signals for possible structural reversals.
Monitor supply and demand zones for potential reaction areas.
Observe EQH and EQL as possible liquidity reference points.
Combine internal structure with swing structure for additional confirmation.
Configure pivot lengths and display settings according to your trading style.
🔷 IMPORTANT NOTE
This indicator is an educational market structure analysis tool. BOS, CHoCH, Supply & Demand, and EQH/EQL identify technical price-action conditions and do not guarantee future market movements.
Always combine structural analysis with proper risk management and independent confirmation before making trading decisions.
Sight of Market Structure [JPT] is a market structure analysis indicator designed to help traders understand price action, identify structural shifts, and monitor important market levels.
It combines Swing Structure, Internal Structure, Break of Structure (BOS), Change of Character (CHoCH), Supply & Demand Zones, and Equal Highs & Lows (EQH/EQL) into one chart-based analytical tool.
The indicator provides a clear view of bullish and bearish market behavior, helping traders identify potential continuation and reversal areas.
🔷 FEATURES
Swing Market Structure (HH, HL, LH, LL)
Internal Market Structure
Bullish & Bearish BOS Detection
Bullish & Bearish CHoCH Detection
Automatic Supply & Demand Zones
Equal Highs (EQH) & Equal Lows (EQL)
Dynamic Swing High & Low Levels
Zone Mitigation Detection
Customizable Pivot Lengths
Built-in Alert Conditions
🔷 HOW IT WORKS
1. Swing Structure
Identifies major market turning points and classifies them into Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL).
2. Internal Structure
Tracks smaller price movements using a shorter pivot length to identify internal bullish and bearish structural breaks.
3. Break of Structure (BOS)
Detects when price breaks an established structural high or low, helping identify potential trend continuation.
4. Change of Character (CHoCH)
Identifies potential market direction changes when price breaks against the previously established structural trend.
5. Supply & Demand Zones
Automatically identifies potential supply and demand areas using the most recent opposite-direction candle following a confirmed swing structure breakout.
6. Equal Highs & Equal Lows
Highlights nearby swing highs and lows within a configurable ATR-based tolerance, helping traders identify potential liquidity areas.
7. Zone Mitigation
Removes demand zones when price closes below them and supply zones when price closes above them.
🔷 HOW TO USE
Identify the overall market direction using swing structure.
Monitor HH, HL, LH, and LL formations.
Use BOS to identify potential continuation opportunities.
Watch CHoCH signals for possible structural reversals.
Monitor supply and demand zones for potential reaction areas.
Observe EQH and EQL as possible liquidity reference points.
Combine internal structure with swing structure for additional confirmation.
Configure pivot lengths and display settings according to your trading style.
🔷 IMPORTANT NOTE
This indicator is an educational market structure analysis tool. BOS, CHoCH, Supply & Demand, and EQH/EQL identify technical price-action conditions and do not guarantee future market movements.
Always combine structural analysis with proper risk management and independent confirmation before making trading decisions.
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Learn, improve, and follow the market with us — completely FREE.
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🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
📈 FREE TELEGRAM CHANNEL
🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
🥇 Free Daily Forex, Gold & BTC Trade Signals
📚 Daily Trading Lessons & Technical Analysis
Learn, improve, and follow the market with us — completely FREE.
📲 Join Now: t.me/JosProTrader_050
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.