1. Plots label to the right for current market structure 2. Plots dashed line to show where the next market structure would be 3. Draws arrows above/below historical market structure breaks
This might get a little to noisy in ranging markets or lower timeframes but it does the job.
Credits to @SimpleCryptoLife for the source code. This script is take from the indicator "True Market Structure" which is created by the above mentioned user
Copyright rules for reusing the script:
// == COPYRIGHT == // Script by @SimpleCrpytoLife. This script is open-source. // --> If you use ideas from it, you don't need to ask or give credit to me. // --> If you copy code out of here to adapt for your own script, it must be open-source. You don't need to ask permission, just credit @SimpleCryptoLife.
I want to add a table that shows what the specific timeframes are (bullish,bearish, ranging) so that no matter what timeframe I'm on, it's visible to me. I have the table built, but I dont know how to code to get the correct label in the table. Is this something you can help with?
gabx11
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@mgoblue, Hello, were you able to create the MTF view of market structure?
mgoblue
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@gabx11, No I was never able to complete that. I'm not really a coder so my skills are limited.
Fido-Dido
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Hello Sam, I truly loved this one and the idea behind it. However, the arrows are Not changing to any other Shape from defauly arrows ......please help. Thanks a lot :)
behzadh666
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hey great scrip just one thing could add a setting that we can change bos with shadow too not only body close?
mania41
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which time frame is best for btcusd
baileenguyen5656
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how can i use this indicator for larger timeframe i trade at m1 and want to know the market structure at h1
orssonlack
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Hey Sam, is there a way to set alerts for bos? If not, any plans to implement? Also, big cred to you for your indicators, very useful when getting into pa trading, much appreciated!