Market Structure Patterns (Nephew_Sam_) — Indicator by nephew_sam_

chartpatterns educational forecasting pivot marketstructure ict

This market structure indicator plots HH/LL labels with a little twist - it can identify upto 14 custom patterns of your choice!

Indicator settings:
Pivot strength - highest or lowest point in a number of x left+right bars
Show - show zigzag lines, HHLL labels, Pattern Matches
Patterns - upto 14 patterns (7 bear, 7 bull) with custom label text
Styles - for labels and lines

Disclaimer
- Although 90% of this indicator is custom coded, I have to give credits to LonesomeTheBlue () for his "Double Zig Zag with HHLL" indicator where I got the logic on how to plot the labels in real time.
- This indicator repaints labels in realtime (not historical candle)

Release Notes:

Added BOS line

Release Notes:

Bug fix

Release Notes:

Watermark

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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