Pivot Market Structure

8월 12일This Indicator helps identify the current market structure.




The Swing Market Structure is identified based on thresholds (either on percentages or absolute values) to tell if a pullback is value (=deep enough). If a level is broken, the furthest opposite point becomes the new low/high, respectively.

For the active movement (identified high + low), various retracement levels can be configured and shown.

As most granular structure, the Fractal Market Structure helps identify strong structure breaks within the most recent bars.

Note: If certain timeframes don´t show a market structure breakdown, reduce the threshold until valid pullbacks can be found.