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Tori x Larry Market Structure Lines

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**Tori & Larry Williams Strategy V6**
A breakout indicator combining Larry Williams' 60 years of research with Tori Trades' practical techniques.

**Key Lines & Their Meanings**
- **Horizontal Solid Line**: Connects recent significant Pivot Highs/Lows
→ Larry Williams calls this “the single most useful tool” from his 60-year career
→ Break above = end of short-term downtrend → strong buy signal
- **Diagonal Dotted Line (Green)**: Connects the two most recent major highs or lows
→ **Safety Line** from Tori Trades → acts as dynamic trend line & trailing stop guide
→ Move your stop-loss along this line as price moves in your favor
- **Background Colors** (only first 2 hours of each session):
Asia: Blue (00:00–02:00 UTC)
Europe: Yellow (08:00–10:00 UTC)
US: Red (13:00–15:00 UTC)
→ Highlights high-volatility windows based on the “Krak Krak” rule

**Tips to Reduce Chart Clutter**
• Increase `pivotLookback` (try 10–20) → ignores minor swings, shows only major levels
• In settings, turn off either Trend Lines or Horizontal Lines to focus better

**Entry & Exit Rules**
• **Entry**: Strong breakout above the Horizontal Resistance Line → Enter LONG
• **Stop Loss**: Place just below/above the opposite Green Safety Line
• **Exit**:
1. Take profit when price reaches higher timeframe (1H) resistance
2. Exit immediately if price breaks below the Safety Line (trend reversal)

**Core Philosophy**
“Understanding trend principles is far more important than memorizing complex patterns.”
This tool automatically structures price highs/lows for clear, intuitive trading.

Adjust settings to fit your style and enjoy!
Feedback always welcome.

면책사항

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