Market Structure High/Low [MaB]

11 jam lalu

📊 Market Structure High/Low [MaB]

A precision indicator for identifying and tracking market structure through validated swing highs and lows.

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🎯 KEY FEATURES

• Automatic Swing Detection
Identifies structural High/Low points using a dual-confirmation system (minimum candles + pullback percentage)

• Smart Trend Tracking
Automatically switches between Uptrend (Higher Highs & Higher Lows) and Downtrend (Lower Highs & Lower Lows)

• Breakout Alerts
Visual markers for confirmed breakouts (Br↑ / Br↓) with configurable threshold

• Sequential Labeling
Clear numbered labels (L1, H2, L3, H4...) showing the exact market structure progression

• Color-Coded Structure Lines
- Green: Uptrend continuation legs
- Red: Downtrend continuation legs
- Gray: Trend inversion points

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⚙️ CONFIGURABLE PARAMETERS

• Analysis Start Date: Define when to begin structure analysis
• Min Confirmation Candles: Required candles for validation (default: 3)
• Pullback Percentage: Minimum retracement for confirmation (default: 10%)
• Breakout Threshold: Percentage beyond structure for breakout (default: 1%)
• Table Display: Toggle Market Structure

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💡 HOW IT WORKS

1. Finds initial swing low using lookback period
2. Tracks price movement for potential High candidates
3. Validates candidates with dual criteria (candles + pullback)
4. Monitors for breakout above High (continuation) or below Low (inversion)
5. Repeats the cycle, building complete market structure

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

🔧 BEST USED FOR

• Identifying key support/resistance levels
• Trend direction confirmation
• Breakout trading setups
• Multi-timeframe structure analysis
• Understanding market rhythm and flow

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

⚠️ NOTES

- Works best on higher timeframes (1H+) for cleaner structure
- Statistics become more reliable with larger sample sizes
- Extension ratios use σ-filtered averages to exclude outliers
- Pullback filter automatically bypasses during extended impulsive moves




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8 jam lalu

Nota Keluaran

📊 Market Structure High/Low [MaB]

A precision indicator for identifying and tracking market structure through validated swing highs and lows.

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

🎯 KEY FEATURES

• Automatic Swing Detection
Identifies structural High/Low points using a dual-confirmation system (minimum candles + pullback percentage)

• Smart Trend Tracking
Automatically switches between Uptrend (Higher Highs & Higher Lows) and Downtrend (Lower Highs & Lower Lows)

• Breakout Alerts
Visual markers for confirmed breakouts (Br↑ / Br↓) with configurable threshold

• Sequential Labeling
Clear numbered labels (L1, H2, L3, H4...) showing the exact market structure progression

• Color-Coded Structure Lines
- Green: Uptrend continuation legs
- Red: Downtrend continuation legs
- Gray: Trend inversion points

• Replay Mode Compatible
Full support for TradingView's Replay feature - analyze historical price action step by step

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

⚙️ CONFIGURABLE PARAMETERS

• Analysis Start Date: Define when to begin structure analysis
• Min Confirmation Candles: Required candles for validation (default: 3)
• Pullback Percentage: Minimum retracement for confirmation (default: 10%)
• Breakout Threshold: Percentage beyond structure for breakout (default: 1%)
• Table Display: Toggle Market Structure
• Replay Mode: Enable when using TradingView Replay to prevent buffer errors

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

💡 HOW IT WORKS

1. Finds initial swing low using lookback period
2. Tracks price movement for potential High candidates
3. Validates candidates with dual criteria (candles + pullback)
4. Monitors for breakout above High (continuation) or below Low (inversion)
5. Repeats the cycle, building complete market structure

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

🔧 BEST USED FOR

• Identifying key support/resistance levels
• Trend direction confirmation
• Breakout trading setups
• Multi-timeframe structure analysis
• Understanding market rhythm and flow
• Backtesting with Replay mode

━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

⚠️ NOTES

- Works best on higher timeframes (1H+) for cleaner structure
- Extension ratios use σ-filtered averages to exclude outliers
- Pullback filter automatically bypasses during extended impulsive moves
- Enable "Replay Mode" when using TradingView Replay feature; disable it for full historical view