Nopis MSB Indicator

Exclusive for TRW members!

This indicator will print a label when it detects a market structure break (MSB)
It will draw a short line at the level of the broken structure.

The label will always read "MSB". In addition, it can have the following codes:

VOL: The market structure break happened on above average volume.

SMA: The market structure break happend in the directíon of the current trend (see SMA settings in the indicators options)

All combinations are possible.


To be clear, a label reading only "MSB" indicates a market structure break on below average volume, reversing the current trend!




Feedback is welcome. TRW tag Nopileus