Market Structure
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.
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.
Market Structure MTF Screener
The Market Structure Screener provides a clear multi-timeframe overview of current structure conditions.
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.
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.
Structure Candles
Highlights candles that form internal market structure points using specific colors. Helps visually isolate candles forming key levels.
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.
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:
Settings
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).
Dynamic internal MS Mode allows Market Core to automatically adjust the market structure detection length based on current price behavior.
Internal MTF Screener It displays market structure bias across multiple timeframes, allowing you to quickly identify alignment or conflict between lower and higher timeframes.
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.
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.
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.
Structure Candles Highlights candles that form internal market structure points using specific colors.
Helps visually isolate candles forming key levels.
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.
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
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