OPEN-SOURCE SCRIPT
Professional Market Structure

This indicator is designed to simplify market structure by visually identifying the current trend phase using dynamic price channels.
It automatically plots structure-based channels by analyzing recent highs, lows, and price slope to determine whether the market is in an ascending (bullish) or descending (bearish) phase.
🔍 What This Script Shows
Ascending Structure: When price momentum is positive, the channel highlights bullish control.
Descending Structure: When momentum turns negative, the channel shifts to reflect bearish pressure.
Pivot High Labels: Important turning points are marked to help spot potential distribution or exhaustion zones.
Live Trend Status: The current market condition is clearly labeled on the chart.
🎯 How Traders Can Use It
Identify trend direction at a glance
Avoid trading against structure
Spot possible reversal or slowdown areas
Use it as a confirmation tool with supply & demand, liquidity, or price action strategies
🧠 Best Use Case
Forex, Crypto, Indices
Works best on 1H – 4H timeframes
Ideal for educational and structure-based trading
This is a non-repainting, structure-focused tool built for clarity—not clutter.
It automatically plots structure-based channels by analyzing recent highs, lows, and price slope to determine whether the market is in an ascending (bullish) or descending (bearish) phase.
🔍 What This Script Shows
Ascending Structure: When price momentum is positive, the channel highlights bullish control.
Descending Structure: When momentum turns negative, the channel shifts to reflect bearish pressure.
Pivot High Labels: Important turning points are marked to help spot potential distribution or exhaustion zones.
Live Trend Status: The current market condition is clearly labeled on the chart.
🎯 How Traders Can Use It
Identify trend direction at a glance
Avoid trading against structure
Spot possible reversal or slowdown areas
Use it as a confirmation tool with supply & demand, liquidity, or price action strategies
🧠 Best Use Case
Forex, Crypto, Indices
Works best on 1H – 4H timeframes
Ideal for educational and structure-based trading
This is a non-repainting, structure-focused tool built for clarity—not clutter.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Expert Gold Analyst | XAU/USD
Mastery Unlock trading success with premium strategies!
Exclusive signals & live trades.& pro education
Daily updates for all VIP members Join our active Telegram traders hub: t.me/+z7y8oqqYs9ZhNjBk
Mastery Unlock trading success with premium strategies!
Exclusive signals & live trades.& pro education
Daily updates for all VIP members Join our active Telegram traders hub: t.me/+z7y8oqqYs9ZhNjBk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Expert Gold Analyst | XAU/USD
Mastery Unlock trading success with premium strategies!
Exclusive signals & live trades.& pro education
Daily updates for all VIP members Join our active Telegram traders hub: t.me/+z7y8oqqYs9ZhNjBk
Mastery Unlock trading success with premium strategies!
Exclusive signals & live trades.& pro education
Daily updates for all VIP members Join our active Telegram traders hub: t.me/+z7y8oqqYs9ZhNjBk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.