Market Structure Simple
Indicator
48 downloads
Version 1.0, May 2025
Windows, Mac
Since 16/03/2025
256
Free installs
Description
Summary
AI summary
Market Structure Simple is an indicator designed to identify and visualize key market structure points on price charts. It detects and marks significant price levels including Higher Highs (HH), Lower Lows (LL), Higher Lows (HL), and Lower Highs (LH), which are essential for understanding market trends and momentum. The indicator uses a configurable price move threshold to filter out minor price fluctuations, ensuring that only meaningful movements trigger the recognition of new structure points. This helps traders analyze trend continuation or reversal by highlighting critical swing points in the market. The indicator supports various markets as demonstrated in examples with BTCUSD, GBPUSD, and US Tech 100.
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Price
Since 16/03/2025
256
Free installs
