MarketStructureLite is a trading indicator that visualizes Smart Money Concepts market structure on charts by identifying Break of Structure (BoS) and Change of Character (CHoCH) events across any timeframe. It uses mechanical rules based on confirmed swing highs and lows via fractal pivots, tracking only external structure and requiring candle body closes beyond key levels to signal breaks, ensuring no repainting of signals.

Key features include exact swing price lines labeled BoS or CHoCH with distinct bullish and bearish colors, customizable visibility of these lines, and live extension of current BoS and CHoCH levels with price labels. Users can drag lines horizontally while maintaining price and start points. A multi-timeframe dashboard displays trend direction and last event from H1 to Monthly timeframes, which can be repositioned and resized on the chart. The indicator performs incremental calculations on closed bars with a limit on drawings to maintain efficiency.

MarketStructureLite supports all symbols and timeframes, including forex, indices, metals, commodities, and cryptocurrencies. It is suited for setting directional bias, trading with trends after BoS, spotting potential reversals with CHoCH, conducting top-down analysis, and aligning entries with order blocks and liquidity zones. This tool provides visual market structure analysis without executing trades.