# Market Structure {% embed url="" %} The concept of **market structure** is crucial in price action trading, offering insights into market behavior through key patterns and transitions. *** ### Market Structure **Break of Structure (BOS):** Occurs when price breaks a previous **swing high in an uptrend** or **swing low in a downtrend**, confirming **trend continuation**.

**Change of Character (CHoCH):** Happens when price breaks the **opposite side of the current trend** — for example, in an uptrend, breaking below a previous **higher low** — suggesting a **potential trend reversal**.

**Delta Volume Calculation:** The latest enhancement to this feature adds a new layer of analysis through Delta Volume Calculation. When a BOS or CHOCH is detected, the toolkit calculates the delta volume. ◆ Bullish Volume: If the delta volume is bullish, a green diamond is plotted at the high or low point, indicating potential upward momentum or trend continuation.

◆ Bearish Volume: If the delta volume is bearish, a red diamond is plotted, suggesting downward pressure.

◆ Neutral Volume: When the volume is neutral, a yellow diamond is displayed, indicating a balance in buying and selling forces, which can signal the exhaustion of the volume pressure and trend reversal.

{% hint style="info" %} You can see an examples of this on the attached images, where the diamonds clearly indicate the type of volume driving the breakout. {% endhint %} ### Market Structure Hover Label Market Core now displays an MS Rating tooltip on every BOS and CHoCH event. When hovering over the diamond marker, a compact breakdown of the structure break is shown. The hover label includes:

* Relative Strength\ Shows the relative strength of the current structure break compared to the previous break. * Break Quality\ Indicates how clean and decisive the structure break is (Very Weak, Weak , Strong, Moderate) * Time to Break\ Displays how many bars it took for price to break the market structure level. {% hint style="info" %} This hover label provides quick, contextual insight into the quality and strength of each structure event without adding chart clutter. {% endhint %} ### Market Structure MTF Screener The Market Structure Screener provides a clear multi-timeframe overview of current structure conditions.

{% hint style="info" %} It displays market structure bias across multiple timeframes, allowing you to quickly identify alignment or conflict between lower and higher timeframes. {% endhint %} This dashboard helps: * Confirm trend direction using multi-timeframe structure. * Spot early shifts in market bias. * Avoid trades taken against higher-timeframe structure. The dashboard is designed as a quick-glance tool, giving context without adding chart clutter. ### Market Mapping **Market Mapping** is a zigzag-based structure tool that outlines the market’s flow by marking key swing highs, swing lows, and trend shifts. It provides a clear overview of internal and external structure by connecting confirmed pivots with solid lines — and now includes **real-time mapping** using a **dashed line** to show the currently forming swing before it is confirmed.

{% hint style="info" %} It visually maps out how the price moves within the defined structure, highlighting significant highs and lows to help traders see the market's flow and trend direction. {% endhint %} ### Strong/Weak High and Low In the context of market structure trends, an indicator was developed to display the range of market swings, including equilibrium, high, and low points. Based on the direction of the market structure trend, the indicator highlights strong or weak highs and lows. * If the trend is upward, the low is considered strong, while the high is weak. * Conversely, if the trend is downward, the high is strong, and the low is weak.

{% hint style="info" %} This helps traders see if the price is likely to return to its equilibrium level, offering insight into potential reversal or continuation points within the trend. {% endhint %} ### Structure Candles Highlights candles that form internal market structure points using specific colors. Helps visually isolate candles forming key levels.

{% hint style="info" %} Colors candles based on internal structure changes. Shorter structure length = faster color shifts. {% endhint %} ### Equal Highs and Lows Equal Highs and Lows refer to price levels where multiple highs or lows occur at approximately the same level, forming a horizontal line on the chart. They are significant because they represent key areas of **liquidity** and often act as magnets for price action.

* **Double Tops (DT)**: When price creates two or more peaks at the same level, it indicates a strong resistance zone. Many traders place stop-loss orders above these highs, creating a pool of liquidity.

* **Double Bottom (DB)**: When price creates two or more lows at the same level, it forms a support zone. Traders often place stop-loss orders below these lows, creating liquidity.

### Swing Data Each confirmed swing point is marked with a detailed label showing:

**Structure Type:**\ **HH**, **HL**, **LH**, **LL** — identifying higher highs, higher lows, lower highs, and lower lows. • Higher Lows are displayed in green. (Bullish) \ • Lower Highs are displayed in red. (Bearish) \ • Other HH and LL labels are displayed in white. **Price Change % (PC):**\ The percentage distance from the previous swing, helping traders instantly see the strength and size of each move.

{% hint style="info" %} These labels provide a clear, at-a-glance view of market strength, trend health, and structural progression. {% endhint %} *** ## Settings The **Market Structure settings** allow traders to customize how price structure and trends are analyzed and displayed on the chart. Here’s a breakdown of each setting:

{% hint style="info" %} ### Settings 1. Internal\ Defines the sensitivity for detecting **internal market structure points** (minor highs/lows). Lower value = more frequent detections (shorter-term structure). You can set colors and choose whether to detect internal structure on all data or specific sides (e.g., bullish/bearish). 2. Dynamic internal MS Mode allows Market Core to automatically adjust the market structure detection length based on current price behavior. 3. Internal MTF Screener It displays market structure bias across multiple timeframes, allowing you to quickly identify alignment or conflict between lower and higher timeframes. 4. Swing\ Sets the lookback period for detecting **major swing highs and lows** (significant structure points). * Larger values = stronger, more confirmed swings. * Separate color settings for swing highs/lows and detection filters. 5. Mapping\ Connects swing points visually with lines, helping identify structure changes. * Line style, width, and color can be customized. * Useful for spotting BOS (Break of Structure) or CHoCH (Change of Character) visually. 6. Strong/Weak H\&L\ Detects and marks **strong vs. weak highs and lows** based on how long price holds that level before breaking. * Input defines the strength threshold (e.g., price must stay above/below for X candles). * Strong = reliable level; Weak = likely to be broken. 7. Structure Candles\ Highlights candles that form internal market structure points using specific colors. * Helps visually isolate candles forming key levels. 8. Equal Highs/Lows\ Detects price levels where **multiple highs or lows are nearly equal** (within a user-defined threshold, like 0.3%). * Useful for spotting liquidity zones or potential breakout levels. 9. Swing Data\ (When enabled) Displays additional data about detected swings — such as strength, size, or time. * Swing data labels size (tiny/small/normal/large/huge) * Lower swings color / Higher swings color {% endhint %} ***