OPEN-SOURCE SCRIPT

Market Structure

This is an advanced, non-repainting Market Structure indicator that provides a robust framework for understanding market dynamics across any timeframe and instrument.

Key Features:
- Non-repainting market structure detection using swing highs/lows
- Clear identification of internal and general market structure levels
- Breakout threshold system for structure adjustments
- Integrated multi-timeframe compatibility
- Rich selection of 30+ moving average types, from basic to advanced adaptive variants

What Makes It Different:
Unlike most market structure indicators that repaint or modify past signals, this implementation uses a fixed-length lookback period to identify genuine swing points.
This means once a structure level or pivot is identified, it stays permanent - providing reliable signals for analysis and trading decisions.

The indicator combines two layers of market structure:
1. Internal Structure (lighter lines) - More sensitive to local price action
2. General Structure (darker lines) - Shows broader market context

Technical Details:
- Uses advanced pivot detection algorithm with customizable swing size
- Implements consecutive break counting for structure adjustments
- Supports both close and high/low price levels for breakout detection
- Includes offset option for better visual alignment
- Each structure break is validated against multiple conditions to prevent false signals

Offset on:
快照

Offset off:
快照

Moving Averages Library:
Includes comprehensive selection of moving averages, from traditional to advanced adaptive types:
- Basic: SMA, EMA, WMA, VWMA
- Advanced: KAMA, ALMA, VIDYA, FRAMA
- Specialized: Hull MA, Ehlers Filter Series
- Adaptive: JMA, RPMA, and many more

Perfect for:
- Price action analysis
- Trend direction confirmation
- Support/resistance identification
- Market structure trading strategies
- Multiple timeframe analysis

This open-source tool is designed to help traders better understand market dynamics and make more informed trading decisions. Feel free to use, modify, and enhance it for your trading needs.
averageBands and ChannelsbreakoutChart patternslivetradingmarketstructureMoving AveragesrangestructuretrendTrend Line Breaktrendpattern

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