ICT Market Structure [JPT]

8月17日

ICT Market Structure [JPT] is an educational market structure indicator that automatically identifies Higher Highs, Higher Lows, Lower Highs, Lower Lows, Break of Structure (BOS), and Change of Character (CHOCH) using confirmed swing points. The indicator also highlights potential Demand and Supply Order Blocks to help traders analyze structural continuation and potential market reversals.

The indicator is designed to help traders visualize market structure and identify important price reaction zones. It does not predict future price movement or guarantee profitable trades.

🔷 FEATURES

Automatic market structure detection
Higher High (HH) and Higher Low (HL) identification
Lower High (LH) and Lower Low (LL) identification
Bullish and bearish Break of Structure (BOS)
Bullish and bearish Change of Character (CHOCH)
Automatic Demand Order Block detection
Automatic Supply Order Block detection
Confirmed swing-based structure
Optional Order Block retest analysis
Automatic broken/invalidated zone removal
Customizable swing and Order Block settings
Clean chart layout with minimal clutter

🔷 HOW IT WORKS

Detects confirmed swing highs and swing lows.
Classifies market structure into HH, HL, LH, and LL.
Monitors important swing levels for structural breaks.
Identifies potential BOS events when price breaks established structure.
Identifies potential CHOCH events when market structure shifts.
Searches for relevant bullish and bearish candles around structural breaks to create potential Order Blocks.
Displays Demand and Supply zones directly on the chart for market structure analysis.

🔷 HOW TO USE

Start by observing the current HH / HL / LH / LL structure.
Use BOS to identify potential continuation of the existing market structure.
Use CHOCH to monitor potential changes in market direction.
Watch how price reacts when returning to a Demand or Supply Order Block.
Use Order Blocks as areas of interest rather than automatic entry signals.
Combine the structure information with your own confirmation methods and risk management rules.

🔷 MARKET STRUCTURE GUIDE

Bullish Structure:
HH → HL → BOS → continuation

Bearish Structure:
LH → LL → BOS → continuation

Potential Structural Shift:
Existing Structure → CHOCH → New Direction → New BOS

🔷 NOTES

Structure is based on confirmed swing points.
Historical structure may appear only after the required swing confirmation period.
Order Blocks are analytical zones and should not be considered guaranteed reversal areas.
BOS and CHOCH are designed to help visualize structural changes, not predict future price movement.
The indicator is intended as an educational and analytical tool.
No indicator can guarantee successful trades, and this script should not be used as the sole basis for investment or trading decisions.

8月19日

リリースノート

Update
• HH / HL / LH / LL Swing Structure is now enabled by default.
• Structure labels will automatically appear when the indicator is added to the chart.
• Users can still turn them OFF from the settings.