OPEN-SOURCE SCRIPT
Market Structure Break & Retest
Market Structure Break & Retest
A structure break does not automatically mean continuation.
This indicator is designed to help traders observe what happens after a market breaks a previous swing level.
The concept is simple:
Break → Retest → Reaction
A broken resistance that continues to hold can become a confirmation of bullish structure.
A broken support that continues to hold as resistance can provide evidence of bearish continuation.
On the other hand, if price quickly reclaims the broken structure, the initial breakout or breakdown may have failed.
How to use it
Use the structure breaks as areas of interest rather than automatic trade signals.
Pay particular attention to the subsequent retest.
A successful retest can provide additional evidence that the market is accepting the new structure.
A failed retest can indicate that the initial displacement may not have established a sustained structural change.
This script does not predict market direction.
It is a visual framework for studying how price behaves after a structural break.
Important
No single structure signal should be treated as a standalone trading system.
Market context, volatility, timeframe, and risk management remain important.
A structure break does not automatically mean continuation.
This indicator is designed to help traders observe what happens after a market breaks a previous swing level.
The concept is simple:
Break → Retest → Reaction
A broken resistance that continues to hold can become a confirmation of bullish structure.
A broken support that continues to hold as resistance can provide evidence of bearish continuation.
On the other hand, if price quickly reclaims the broken structure, the initial breakout or breakdown may have failed.
How to use it
Use the structure breaks as areas of interest rather than automatic trade signals.
Pay particular attention to the subsequent retest.
A successful retest can provide additional evidence that the market is accepting the new structure.
A failed retest can indicate that the initial displacement may not have established a sustained structural change.
This script does not predict market direction.
It is a visual framework for studying how price behaves after a structural break.
Important
No single structure signal should be treated as a standalone trading system.
Market context, volatility, timeframe, and risk management remain important.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
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.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
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.