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Market Structure

Market Structure indicator is designed for lightning-fast understanding of market conditions. It works very simply.

White bars signal a bullish market structure.
Black bars signal a bearish market structure.

It is possible to construct an independent trading strategy based on this indicator, starting from pivots:

HH - Higher High
LL - Lower Low
HL - Higher Low
LH - Lower High


As well as to combine this indicator with anything else. Margin zones, trading on breakout of important pivots, wave analysis and any other strategy you use.

Great for beginners, for easy understanding of market conditions.
Enjoy!
marketmarketstructuretrendTrend Analysis

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This script is published closed-source and you may privately use it freely.

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