OPEN-SOURCE SCRIPT

Ultra Market Structure

업데이트됨

The Ultra Market Structure indicator detects key market structure breaks, such as Break of Structure (BoS) and Change of Character (CHoCH), to help identify trend reversals. It plots lines and labels on the chart to visualize these breakpoints with alerts for important signals.

Introduction
This script is designed to help traders visualize important market structure events, such as trend breaks and reversals, using concepts like Break of Structure (BoS) and Change of Character (CHoCH). The indicator highlights internal and external price levels where the market shifts direction. It offers clear visual signals and alerts to keep traders informed of potential changes in the market trend.

Detailed Description
The indicator focuses on detecting "market structure breaks," which occur when the price moves past significant support or resistance levels, suggesting a potential reversal or continuation of the trend.

.........

Type of structure
Internal Structure: Focuses on smaller, shorter-term price levels within the current market trend.
External Structure: Focuses on larger, longer-term price levels that may indicate more significant shifts in the market.

.....
Key events
Break of Structure (BoS): A market structure break where the price surpasses a previous high (bullish BoS) or low (bearish BoS).
Change of Character (CHoCH): A shift in market behavior when the price fails to continue in the same direction, indicating a possible trend reversal.
Once a break or shift is detected, the script plots lines and labels on the chart to visually mark the breakpoints.
It also provides alerts when a BoS or CHoCH occurs, keeping traders informed in real-time.
The indicator can color the background and candles based on the market structure, making it easy to identify the current trend.

.....
Special feature
At news events or other momentum pushes most structure indicators will go into "sleep mode" because of too far away structure highs/lows. This indicator has a structure reset feature to solve this issue.

.........

Detects Break of Structure (BoS) and Change of Character (CHoCH) signals.
Marks internal and external support/resistance levels where market trends change.
Provides visual cues (lines, labels) and real-time alerts for structure breaks.
Offers background and candle color customization to highlight market direction.

릴리즈 노트

update (added Previous High/Low (Day, Week, Month
added Fair Value Gap's)

릴리즈 노트

update
added premium & discount levels

릴리즈 노트

bugfix

릴리즈 노트

update chartbild

릴리즈 노트

added a 2-Candle confirmation for internal structure breaks
added a FVG threshold for too small FVG's

릴리즈 노트

added Auto Fibonacci Retracement

the 2-Candle confirmation feature is working but sometimes it takes the wrong bar to draw from

릴리즈 노트

added customizable Volume-Weighted-Average-Price indicators
added candle color tranparency
added some tooltips

릴리즈 노트

added a chaos structure channel
solved minor bugfix of the fib
changed the way premium & discount zones are drawn from, they now drawn from the last overbought/oversold seperatly

릴리즈 노트

added liquidity grabs
updated fib (you can now display both internal and external)
rewrote some parts of the script

릴리즈 노트

update chart picture

릴리즈 노트

added day/week/month open line
added day/week/month session divider
changed the whole day/week/month part for quicker settings selection

릴리즈 노트

added a customizable FVG threshold
added customizable labels

릴리즈 노트

added pivot points and an option to display price at labels

릴리즈 노트

added pivot points and an option to display price at labels

릴리즈 노트

added pivot points and an option to display price at labels

오픈 소스 스크립트

진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.