OPEN-SOURCE SCRIPT
Updated GMS Ultimate Indicator
GMS Ultimate Indicator 9.0 is a customizable multi timeframe market structure and price action tool designed to help traders stay aligned with the dominant side of the market.
It analyzes the Daily, 4H, 1H, 15M, 5M, and 1M trends using HH/HL and LH/LL structure, while identifying pullbacks, consolidation, liquidity sweeps, BOS, CHOCH, protected structure, reaction zones, retests, and rejection candles. Its setup engine helps locate higher probability entries within the broader trend, with adjustable alerts, dashboard layouts, and display settings.
For analysis and educational purposes only. Use proper risk management and backtesting.
It analyzes the Daily, 4H, 1H, 15M, 5M, and 1M trends using HH/HL and LH/LL structure, while identifying pullbacks, consolidation, liquidity sweeps, BOS, CHOCH, protected structure, reaction zones, retests, and rejection candles. Its setup engine helps locate higher probability entries within the broader trend, with adjustable alerts, dashboard layouts, and display settings.
For analysis and educational purposes only. Use proper risk management and backtesting.
Release Notes
GMS Ultimate Indicator is a customizable multi timeframe market structure and price action tool designed to help traders stay aligned with the market’s direction. It tracks 4H, 1H, 15M, and 5M trend conditions, structure state, and price position relative to selected EMAs.The indicator also identifies BOS, CHOCH, swing highs and lows, liquidity pools and sweeps, previous day/week levels, protected 1H structure, 4H reaction zones, retests, rejection candles, potential setups, targets, and alerts.
Built for scalpers, intraday traders, and swing traders who use market structure and price action. For analysis and educational purposes only.
Release Notes
GMS Ultimate Indicator is a customizable multi timeframe market structure and price action tool designed to help traders stay aligned with the market’s direction. It tracks 4H, 1H, 15M, and 5M trend conditions, structure state, and price position relative to selected EMAs.The indicator also identifies BOS, CHOCH, swing highs and lows, liquidity pools and sweeps, previous day/week levels, protected 1H structure, 4H reaction zones, retests, rejection candles, potential setups, targets, and alerts.
Built for scalpers, intraday traders, and swing traders who use market structure and price action. For analysis and educational purposes only.
Release Notes
GMS Ultimate Indicator is a customizable multi timeframe market structure and price action tool designed to help traders stay aligned with the market’s direction. It tracks 4H, 1H, 15M, and 5M trend conditions, structure state, and price position relative to selected EMAs.The indicator also identifies BOS, CHOCH, swing highs and lows, liquidity pools and sweeps, previous day/week levels, protected 1H structure, 4H reaction zones, retests, rejection candles, potential setups, targets, and alerts.
Built for scalpers, intraday traders, and swing traders who use market structure and price action. For analysis and educational purposes only.
Release Notes
GMS Ultimate Indicator is a customizable multi timeframe market structure and price action tool designed to help traders stay aligned with the market’s direction. It tracks 4H, 1H, 15M, and 5M trend conditions, structure state, and price position relative to selected EMAs.The indicator also identifies BOS, CHOCH, swing highs and lows, liquidity pools and sweeps, previous day/week levels, protected 1H structure, 4H reaction zones, retests, rejection candles, potential setups, targets, and alerts.
Built for scalpers, intraday traders, and swing traders who use market structure and price action. For analysis and educational purposes only.
Release Notes
Updated : 12.9GMS Ultimate Indicator is a customizable multi timeframe market structure and price action tool designed to help traders stay aligned with the dominant side of the market.
It analyzes the Daily, 4H, 1H, 15M, 5M, and 1M trends using HH/HL and LH/LL structure, while identifying pullbacks, consolidation, liquidity sweeps, BOS, CHOCH, protected structure, reaction zones, retests, and rejection candles. Its setup engine helps locate higher probability entries within the broader trend, with adjustable alerts, dashboard layouts, and display settings.
For analysis and educational purposes only. Use proper risk management and backtesting.
Release Notes
Updated v 13.0 GMS Ultimate Indicator is a customizable multi timeframe market structure and price action tool designed to help traders stay aligned with the dominant side of the market.
It analyzes the Daily, 4H, 1H, 15M, 5M, and 1M trends using HH/HL and LH/LL structure, while identifying pullbacks, consolidation, liquidity sweeps, BOS, CHOCH, protected structure, reaction zones, retests, and rejection candles. Its setup engine helps locate higher probability entries within the broader trend, with adjustable alerts, dashboard layouts, and display settings.
For analysis and educational purposes only. Use proper risk management and backtesting.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.