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Updated HTF Market Structure [TakingProphets]

HTF Market Structure [Taking Prophets]
The Market Structure CHoCH/BOS (Fractal) Indicator is designed for traders using smart money concepts and ICT (Inner Circle Trader) methodology to track market structure shifts in real time. It automatically detects Change of Character (CHoCH) and Break of Structure (BOS) events based on fractal highs and lows, helping traders identify potential trend reversals and continuations with greater precision.
๐น Key Features:
โ Automatic CHoCH & BOS Detection โ No need for manual plotting; the indicator highlights key structure shifts.
โ Custom Lookback Period โ Adjustable fractal settings to fine-tune market structure sensitivity.
โ Multi-Timeframe Market Structure Table โ Displays the most recent CHoCH state on multiple timeframes (Weekly, Daily, 4H, 1H, 15m, 5m).
โ Candle Coloring โ Optional feature to change candle colors after a CHoCH for better visual clarity.
โ Works Across All Markets โ Use it for Forex, Stocks, Crypto, and Futures.
๐น How It Works:
๐ Break of Structure (BOS) โ Indicates a continuation of the existing trend when price breaks a previous swing high or low.
๐ Change of Character (CHoCH) โ Suggests a potential trend reversal when price structure shifts direction.
๐ Multi-Timeframe Confirmation โ The built-in table tracks the latest CHoCH across different timeframes to help confirm bias.
๐น How to Use:
Look for CHoCH signals at key liquidity zones (order blocks, fair value gaps).
Use BOS confirmations to follow trend continuations.
Combine with other smart money concepts like imbalance fills and liquidity grabs for stronger trade setups.
๐ Enhance your market structure analysis with the CHoCH/BOS Indicator
The Market Structure CHoCH/BOS (Fractal) Indicator is designed for traders using smart money concepts and ICT (Inner Circle Trader) methodology to track market structure shifts in real time. It automatically detects Change of Character (CHoCH) and Break of Structure (BOS) events based on fractal highs and lows, helping traders identify potential trend reversals and continuations with greater precision.
๐น Key Features:
โ Automatic CHoCH & BOS Detection โ No need for manual plotting; the indicator highlights key structure shifts.
โ Custom Lookback Period โ Adjustable fractal settings to fine-tune market structure sensitivity.
โ Multi-Timeframe Market Structure Table โ Displays the most recent CHoCH state on multiple timeframes (Weekly, Daily, 4H, 1H, 15m, 5m).
โ Candle Coloring โ Optional feature to change candle colors after a CHoCH for better visual clarity.
โ Works Across All Markets โ Use it for Forex, Stocks, Crypto, and Futures.
๐น How It Works:
๐ Break of Structure (BOS) โ Indicates a continuation of the existing trend when price breaks a previous swing high or low.
๐ Change of Character (CHoCH) โ Suggests a potential trend reversal when price structure shifts direction.
๐ Multi-Timeframe Confirmation โ The built-in table tracks the latest CHoCH across different timeframes to help confirm bias.
๐น How to Use:
Look for CHoCH signals at key liquidity zones (order blocks, fair value gaps).
Use BOS confirmations to follow trend continuations.
Combine with other smart money concepts like imbalance fills and liquidity grabs for stronger trade setups.
๐ Enhance your market structure analysis with the CHoCH/BOS Indicator
Release Notes
OverviewThe HTF Market Structure indicator is designed for Forex and Futures traders who follow Inner Circle Trader (ICT) methodologies. It automatically detects Break of Structure (BOS) and Change of Character (CHoCH) events across multiple timeframes, helping traders align with institutional market direction.
By tracking high-probability structural shifts, this indicator allows traders to:
โ Identify bullish/bearish market transitions
โ Confirm Smart Money directional bias
โ Enhance confluence for precision entries
๐ Perfect for traders looking to analyze price action structure across multiple timeframes without cluttering their charts.
Key Features & Functions
โ Automatic Market Structure Detection
-Tracks Break of Structure (BOS) to confirm trend continuation.
-Detects Change of Character (CHoCH) to signal potential trend reversals.
โ Multi-Timeframe Market Structure Tracking
Monitors structure shifts on:
โ 5m, 15m, 1H, 4H, Daily, and Weekly timeframes.
Displays a clean table of HTF structure states to keep traders informed.
โ Customizable Market Structure Visualization
-Toggle BOS and CHoCH independently to suit different trading strategies.
-Color-coded structural changes for quick interpretation.
-Candlestick coloring feature highlights bullish/bearish momentum shifts after CHoCH.
โ Real-Time Structural Shifts
-Automatically plots lines and labels at BOS and CHoCH points.
-Helps traders spot high-probability liquidity grabs and Smart Money reversals.
โ Optimized for ICT Traders
-Designed to work seamlessly with Fair Value Gaps (FVGs), Order Blocks (OBs), and Liquidity Pools.
-Ideal for traders who use HTF confirmations to refine lower-timeframe entries.
How to Use
1๏ธโฃ Identify Market Structure Shifts for Trend Confirmation
-Break of Structure (BOS): Indicates trend continuation when price breaks a previous swing high or low.
-Change of Character (CHoCH): Suggests a trend reversal when price violates a previous swing and shifts directional bias.
2๏ธโฃ Use HTF Structure for Trade Confluence
-Bullish CHoCH + FVG Support โ Look for long setups.
-Bearish CHoCH + Order Block Resistance โ Look for short setups.
-BOS Confirming Trend Continuation โ Trade in the direction of institutional flow.
3๏ธโฃ Monitor Multi-Timeframe Structure to Stay Aligned with Smart Money
-Use the HTF structure table to see market conditions across multiple timeframes.
-When higher timeframes show the same trend, it confirms higher probability setups.
4๏ธโฃ Refine Entries with Candle Coloring
-Bullish CHoCH โ Candles turn green (signaling bullish shift).
-Bearish CHoCH โ Candles turn red (signaling bearish shift).
-Perfect for visually confirming structure shifts without adding extra indicators.
๐ Pro Tip: Combine HTF Market Structure with Killzones & Liquidity Sweeps for even better trade execution.
Why Use This Indicator?
๐ Track Institutional Market Structure โ See how Smart Money is shifting price direction.
๐ Improve Trade Accuracy โ Avoid fakeouts by confirming structure shifts on multiple timeframes.
๐ Refine Entry & Exit Points โ Spot key structural breakouts and liquidity grabs before taking a trade.
๐ก Stay Ahead of Retail Traders โ Understand true market flow and position yourself with institutional money.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations โ learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations โ learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.