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Market Reversal & Structure Volume realtime box

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📌 Summary of Indicator: Market Reversal & Structure Indicator with Volume & Trendlines (Version 5)
✅ Key features of the indicator
✔ Analyze the market structure (Market Structure) and display BOS (Break of Structure) and ChoCH (Change of Character)
✔ Define and display Demand-Supply Zones according to the support and resistance from the market structure
✔ Detect Buy/Sell Signals according to the Market Structure and price position
✔ Add Volume Footprint and Trendlines to see strong trends
✔ Analyze Volume Delta to see the change in trading volume in real time
✔ Add EMA 9 and EMA 21 lines to track the price trend
📌 1. Detecting Market Structure (BOS & ChoCH)
Break of Structure (BOS Up) → When the highest price (High) breaks through the previous high
Break of Structure (BOS Down) → When the lowest price (Low) breaks through the previous low
Changing Market Structure (ChoCH) → When the trend changes from uptrend to downtrend or vice versa
Display Market Structure Labels on the chart for easy analysis
📌 2. Determining Demand & Supply Zones
Demand Zone (Support) → Set when BOS Up occurs
Supply Zone (Resistance) → Set when BOS Down occurs
Use darker color when trading volume is higher than the 50-bar average
Increase line thickness when Volume and Price Movement Intensity are high
📌 3. Calculating and displaying Buy/Sell Signals
Buy Signal → Occurs when the price closes above the Demand Zone after BOS Up occurs
Sell Signal → Occurs when the price closes below the Supply Zone after BOS Down occurs
Use BUY/SELL symbols on the chart to indicate buying or selling opportunities
📌 4. Volume Delta Analysis
Calculate the change in Volume per bar
Display Volume Delta with arrow symbols (▲/▼) on the chart
Helps to see the difference in trading volume between the previous and current bars
📌 5. Volume Footprint and Trendlines
Use SMA 20 and Volume Multiplier 1.5 To determine Volume Signal
Calculate Swing High and Swing Low to draw trendline
Use green/red to indicate trend strength
📌 6. EMA and price trend
EMA 9 and EMA 21
If EMA 9 crosses up, EMA 21 → Uptrend
If EMA 9 crosses down, EMA 21 → Downtrend
📌 7. Demand-Supply Zone Based on Swing High/Low
Use Swing Low as support (Demand Zone)
Use Swing High as resistance (Supply Zone)
Use green/red boxes to show important support and resistance zones
✅ This indicator helps traders to analyze market trends, trading volume, and support and resistance in detail to increase the chance of entering more accurate orders! 🚀

This indicator works on
#crypto #forex #gold and all assets.

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.