This is an advanced, non-repainting Market Structure indicator that provides a robust framework for understanding market dynamics across any timeframe and instrument.
Key Features: - Non-repainting market structure detection using swing highs/lows - Clear identification of internal and general market structure levels - Breakout threshold system for structure adjustments - Integrated multi-timeframe compatibility - Rich selection of 30+ moving average types, from basic to advanced adaptive variants
What Makes It Different: Unlike most market structure indicators that repaint or modify past signals, this implementation uses a fixed-length lookback period to identify genuine swing points. This means once a structure level or pivot is identified, it stays permanent - providing reliable signals for analysis and trading decisions.
The indicator combines two layers of market structure: 1. Internal Structure (lighter lines) - More sensitive to local price action 2. General Structure (darker lines) - Shows broader market context
Technical Details: - Uses advanced pivot detection algorithm with customizable swing size - Implements consecutive break counting for structure adjustments - Supports both close and high/low price levels for breakout detection - Includes offset option for better visual alignment - Each structure break is validated against multiple conditions to prevent false signals
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Moving Averages Library: Includes comprehensive selection of moving averages, from traditional to advanced adaptive types: - Basic: SMA, EMA, WMA, VWMA - Advanced: KAMA, ALMA, VIDYA, FRAMA - Specialized: Hull MA, Ehlers Filter Series - Adaptive: JMA, RPMA, and many more
This open-source tool is designed to help traders better understand market dynamics and make more informed trading decisions. Feel free to use, modify, and enhance it for your trading needs.