Confirmed market structure buy/sell indicatorOverview
The Swing Point Breakout Indicator with Multi-Timeframe Dashboard is a TradingView tool designed to identify potential buy and sell signals based on swing point breakouts on the primary chart's timeframe while simultaneously providing a snapshot of the market structure across multiple higher timeframes. This dual approach helps traders make informed decisions by aligning short-term signals with broader market trends.
Key Features
Swing Point Breakout Detection
Swing Highs and Lows: Identifies significant peaks and troughs based on a user-defined lookback period.
Breakout Signals:
Bullish Breakout (Buy Signal): Triggered when the price closes above the latest swing high.
Bearish Breakout (Sell Signal): Triggered when the price closes below the latest swing low.
Visual Indicators: Highlights breakout bars with colors (lime for bullish, red for bearish) and plots buy/sell markers on the chart.
Multi-Timeframe Dashboard
Timeframes Monitored: 1m, 5m, 15m, 1h, 4h, 1D, and 1W.
Market Structure Status:
Bullish: Indicates upward market structure.
Bearish: Indicates downward market structure.
Neutral: No clear trend.
Visual Table: Displays each timeframe with its current status, color-coded for quick reference (green for bullish, red for bearish, gray for neutral).
Operational Workflow
Initialization:
Sets up a dashboard table on the chart's top-right corner with headers "Timeframe" and "Status".
Swing Point Detection:
Continuously scans the main timeframe for swing highs and lows using the specified lookback period.
Updates the latest swing high and low levels.
Signal Generation:
Detects when the price breaks above the last swing high (bullish) or below the last swing low (bearish).
Activates potential buy/sell setups and confirms signals based on subsequent price movements.
Dashboard Update:
For each defined higher timeframe, assesses the market structure by checking for breakouts of swing points.
Updates the dashboard with the current status for each timeframe, aiding in trend confirmation.
Visualization:
Colors the bars where breakouts occur.
Plots buy and sell signals directly on the chart for easy identification.
Market-structure
[DarkTrader] Swing OrderflowSwing Orderflow is a indicator that helps traders detect key swing highs and lows in price action. It is designed to enhance your charting experience by highlighting important support and resistance levels while providing clear visual cues on market structure changes. By tracking swing pivots and price trends, this indicator enables traders to make more informed decisions regarding potential entry and exit points in the market.
This indicator is inspired by @Fractalyst Indicator :
The core functionality of the script revolves around detecting swing highs and lows based on a customizable swing period. It identifies these pivots by comparing price movements over a specific time window, marking the points where price either peaks or bottoms out. Swing highs are plotted as resistance levels when the price breaks above a certain threshold, while swing lows are plotted as support levels when price breaks below it. These key points are represented with dotted lines and labels on the chart for easy reference.
Indicator In Use :
Swing High Calculation
A swing high occurs when the high of a specific bar (or candle) is greater than the highs of the surrounding bars within a defined range (called the swing period).
Function used to find the highest price within a specified range : ta.highest(period)
If the current price is greater than the highest price of this period, it's marked as a potential swing high.
A swing high generally represents a resistance level, where the price has reached a peak before declining.
Swing Low Calculation
A swing low occurs when the low of a specific bar is lower than the lows of the surrounding bars within the swing period.
Function used to find the lowest price within a specified range : ta.lowest(period)
If the current price is lower than this lowest price, it's identified as a swing low.
Swing lows represent support levels, where the price reaches a bottom before bouncing back.
These points are plotted on the chart, and the script also tracks whether price breaks above the swing high or below the swing low to determine trends or possible reversals.
BSL (Buy Side Liquidity)
BSL represents the Buy Side Liquidity, where traders are expected to have their buy orders (usually stop-loss orders for short positions).
When the price reaches a swing high, traders who are short may have stop orders placed above this level. Once these levels are breached, the script identifies this as a liquidity area where stop orders get triggered, causing potential upward price movement.
The script marks the swing high with a "BSL" label and line to indicate this key resistance and liquidity zone.
SSL (Sell Side Liquidity)
SSL refers to the Sell Side Liquidity, where traders place sell orders (usually stop-loss orders for long positions).
Swing lows are important levels where traders holding long positions place their stop orders. When the price drops below a swing low, it triggers these sell orders, causing potential downward price movement.
The script marks the swing low with an "SSL" label and line, signaling this key support and liquidity zone.
In essence, BSL and SSL represent areas where liquidity is pooled, making them critical points in price action. These liquidity areas, when breached, often lead to aggressive price moves, allowing traders to anticipate trends.
World Class SMC [WinWorld]This indicator uses valid pullbacks in order to draw market structure with strict accordance to TradingHub strategy.
Features
Our indicator uses a number of price concepts, such as:
IDM
BoS & ChoCh ( also their sweeps )
Automatic resolving of ChoCh-IDM and IDM-BoS conflicts
Orderblocks (IDM, Extreme)
True Fair Value Gaps (FVG)
True PDH/PDL
SCOB pattern
One of the core features is the ability to choose a time point, from which the market structure will be drawn. This feature alone allows you to test your most desired hypotheses about the market movements within a few clicks, so no more guesses and "what if"s, because you get the opportunity to test everything yourself and right now.
Settings
Let's review the settings themselves:
Extended Structure: allows you to choose between drawing market structure for a whole timeline or from specific time point only;
Build OB by sweeps: allows you to only draw orderblocks from candle, which took liquidity from previous candle by sweep;
Structure colours & text: allows you to customise visuals representations of market structure elements on your chart;
Structure visuals: allows you to choose which elements of market structure you want / don't want to see on your chart;
Show trend: allows you to choose the way market structure trend will be displayed on your chart: divider or background colouring ;
Alerts for each and every event , whether it is a new BoS, ChoCh, orderblock and etc.
Usage Examples
IDM Orderblock ( OB-IDM )
Basic demonstration
When price reaches OB-IDM, you will be able to receive an alert. After that, check if the candle, that reached OB-IDM, closed inside or above ( bearish scenario )/ below ( bullish scenario ) OB-IDM's boundaries. If conditions above were met, go on LTF and look for an entry.
Extreme Orderblock ( OB-EXT )
Basic demonstration
Similar to OB-IDM situation: When price reaches OB-EXT, you will be able to receive an alert. After that, check if the candle, that reached OB-EXT, closed inside or above ( bearish scenario )/ below ( bullish scenario ) OB-EXT's boundaries. If conditions above were met, go on LTF and look for an entry.
Sweep PDH/PDL
Basic demonstration
* PDH — Previous Day High
* PDL — Previous Day Low
When you received PDH sweep alert and current trend is bearish, go on LTF to find entry point. ( bullish scenario: PDL sweep and current trend is bullish )
Sweep ChoCh
Basic demonstration
If you get alert of sweeped ChoCh, it usually means that price grabbed the liquidity from extremum points and is ready to continue going with the trend. Go on LTF to find an entry.
MTF Market Structure Highs and LowsThe indicator marks the last fractal highs and lows (W,D,4H and 1H options) to help determine current market structure. The script was created to help with directional bias but also as a MTF visual aid for stop hunts/liquidity raids.
Liquidity areas are where we assume trader's stop losses would be when buying or selling. Liquidity lies above and below swing points and institutions need liquidity to fill large orders.
Monitor price action as it hits these areas for a potential reversal trade.
Market StructureMarket Structure
The Market Structure is important to be able to establish areas of rejection or possible break,
to determine channels, points of possible reversals or trend breaks.
So we can use them as support and resistance zones for stoploss and take profit.
- This indicator will automatically show the market structure.
- Allows you to calculate the levels with the closing of the candles as well as with the highs and lows
- You can change the number of levels on the screen with the intensity adjustment
- Extended levels are shown as well as at the end of the graph to avoid noise when making technical analysis
- Visually you can modify the style, color, thickness of the level lines
- This indicator is multi-time, so you can check the structure of other temporalities, for example see the levels corresponding to 1D while the graph is H4
- Green lines are the resitance levels and red lines are support levels, these will automatically change color according to the current price
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