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Smart Market Structure Pro

8 803
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.

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