Market Structure Indicator

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  • 02/21/2021 at 2:13 AM #162148 quote
    clemencejesse
    Participant
    New

    Does anyone has a code for an indicator that can automatically draw the market structure on a chart for any timeframe?

    Thanks

    02/21/2021 at 9:00 AM #162154 quote
    Vonasi
    Moderator
    Master

    clemencejesse – Your topic has been moved to ProBuilder forum as that is the correct forum for indicator topics. Please try to post in the most relevant forum with any future topics.

    You will need to define what you mean by ‘market structure’. Perhaps an image showing what the indicator look like would be helpful otherwise we are all just guessing what you want from this indicator.

    02/21/2021 at 11:53 AM #162167 quote
    clemencejesse
    Participant
    New

    Thanks for moving the question to the right forum.

    The market structure indicator would ideally mark L, H, HL, HH, HL etc relative to previous lows or high. Fractals can possible do this but I was looking for something more visual and easy to identify on a chart. I have attached a picture of my view of market structure. Thanks

    02/21/2021 at 1:16 PM #162180 quote
    Vonasi
    Moderator
    Master

    There is no image attached.

    02/21/2021 at 1:51 PM #162184 quote
    clemencejesse
    Participant
    New

    Sorry I may be missing something on attaching a png file. I have tried again. The chart attempts to mark L, H, HL, HH and so on…

    02/21/2021 at 1:59 PM #162185 quote
    clemencejesse
    Participant
    New

    Attaching again

    MIB-10-minutes-jpg.jpg MIB-10-minutes-jpg.jpg
    02/21/2021 at 4:04 PM #162227 quote
    clemencejesse
    Participant
    New

    I found this and it perfectly works for me: https://www.prorealcode.com/topic/use-lower-higher-low-high-as-trend-signal/

    Only thing is it does not mark points with text (H, HH etc) but the visuals are great!

    Thanks All

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Market Structure Indicator


ProBuilder: Indicators & Custom Tools

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clemencejesse @clemencejesse Participant
Summary

This topic contains 6 replies,
has 2 voices, and was last updated by clemencejesse
4 years, 11 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 02/21/2021
Status: Active
Attachments: 1 files
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