Opis
Price-action indicator designed to identify and visualize market structure using confirmed fractal pivots. The indicator tracks swing highs and swing lows and classifies them into:
- HH — Higher High
- HL — Higher Low
- LH — Lower High
- LL — Lower Low
It uses confirmed fractal pivots to reduce noise and avoid relying on unconfirmed price swings. Consecutive pivots of the same type are compressed so that the relevant extreme is retained before the market structure is evaluated.
Key Features
- Confirmed fractal-based swing detection
- Automatic HH / HL / LH / LL classification
- Bullish and bearish market structure detection
- Automatic trend-state identification
- Visual horizontal structure levels
- Trend background visualization
- Structure adapts as new confirmed pivots develop
- Designed for discretionary price-action and market-structure analysis
How It Works
The indicator first detects confirmed swing highs and lows. These pivots are then processed into an alternating sequence of highs and lows. The resulting pivot sequence is used to determine the current market structure and trend. During an uptrend, new highs can establish Higher Highs, while the relevant retracement low becomes the Higher Low. The opposite logic is applied during a downtrend. A break of the relevant structural level can trigger a change in the detected trend.
Intended Use
The indicator can be used as a market-structure layer alongside price action, support/resistance, liquidity analysis, or other technical tools. It is suitable for traders looking for a cleaner visual representation of swing structure across different timeframes.
Note: This indicator is a technical analysis tool and does not provide financial advice or guarantee trading results.
Podsumowanie
Key features include automatic classification of pivot types, bullish and bearish market structure detection, trend-state identification, visual horizontal structure levels, and trend background visualization. The indicator continuously adapts as new confirmed pivots develop.
FractalMS works by detecting confirmed swing highs and lows, processing them into an alternating sequence to determine current market structure and trend. During uptrends, it identifies higher highs and higher lows; during downtrends, it identifies lower highs and lower lows. Breaking structural levels signals potential trend changes.
Designed for discretionary price-action and market-structure analysis, this tool supports traders seeking a clearer visual representation of swing structure across multiple timeframes. It complements other technical tools such as support/resistance and liquidity analysis.
