Professional Market StructureThis indicator is designed to simplify market structure by visually identifying the current trend phase using dynamic price channels.
It automatically plots structure-based channels by analyzing recent highs, lows, and price slope to determine whether the market is in an ascending (bullish) or descending (bearish) phase.
🔍 What This Script Shows
Ascending Structure: When price momentum is positive, the channel highlights bullish control.
Descending Structure: When momentum turns negative, the channel shifts to reflect bearish pressure.
Pivot High Labels: Important turning points are marked to help spot potential distribution or exhaustion zones.
Live Trend Status: The current market condition is clearly labeled on the chart.
🎯 How Traders Can Use It
Identify trend direction at a glance
Avoid trading against structure
Spot possible reversal or slowdown areas
Use it as a confirmation tool with supply & demand, liquidity, or price action strategies
🧠 Best Use Case
Forex, Crypto, Indices
Works best on 1H – 4H timeframes
Ideal for educational and structure-based trading
This is a non-repainting, structure-focused tool built for clarity—not clutter.
