Angle Market Structure [BigBeluga]

🔵 OVERVIEW
Angle Market Structure [BigBeluga] is a smart pivot-based tool that dynamically adapts to price action by accelerating breakout and breakdown detection. It draws market structure levels based on pivot highs/lows and gradually adjusts those levels closer to price using an angle threshold. Upon breakout, the indicator projects deviation zones with labeled levels (+1, +2, +3 or −1, −2, −3) to track price extension beyond structure.

🔵 CONCEPTS

• Adaptive Market Structure: Uses pivots to define structure levels, which dynamically angle closer to price over time to capture breakouts sooner.
  
• Breakout Acceleration: Pivot high levels decrease and pivot low levels increase each bar using a user-defined angle (based on ATR), improving reactivity.
  
• Deviation Zones: Once a breakout or breakdown occurs, 3 deviation levels are projected to show how far price extends beyond the breakout point.
  
• Count Labels: Each successful structure break is numbered sequentially, giving traders insight into momentum and trend persistence.
  
• Visual Clarity: The script uses colored pivot points, trend lines, and extension labels for easy structural interpretation.
  

🔵 FEATURES

• Calculates pivot highs and lows using a customizable length.
  
• Applies an angle modifier (ATR-based) to gradually pull levels closer to price.
  
• Plots breakout and breakdown lines in distinct colors with automatic extension.
  
• Shows deviation zones (+1, +2, +3 or −1, −2, −3) after breakout with customizable size.
  
• Color-coded labels for trend break count (bullish or bearish).
  
• Dynamic label sizing and theme-aware colors.
  
• Smart label positioning to avoid chart clutter.
  
• Built-in limit for deviation zones to maintain clarity and performance.
  

🔵 HOW TO USE

• Use pivot-based market structure to identify breakout and breakdown zones.
  
• Watch for crossover (up) or crossunder (down) events as trend continuation or reversal signals.
  
• Observe +1/+2/+3 or -1/-2/-3 levels for overextension opportunities or trailing stop ideas.
  
• Use breakout count as a proxy for trend strength—multiple counts suggest momentum.
  
• Combine with volume or order flow tools for higher confidence entries at breakout points.
  
• Adjust the angle setting to fine-tune sensitivity based on market volatility.
  

🔵 CONCLUSION
Angle Market Structure [BigBeluga] enhances traditional pivot-based analysis by introducing breakout acceleration and structured deviation tracking. It’s a powerful tool for traders seeking a cleaner, faster read on market structure and momentum strength—especially during impulsive price moves or structural transitions.