Smart Market Structure Concepts Settings

24 May 2023, 12:49
Jing Bo Wu
0
1 126
  • ----------General Settings----------
  • Allows to display historical Structure or only recent ones:  Allows the user to select Historical (default) or Present, which displays only recent data on the chart.
  • Max bars back for caculate: Allows the user to set the historical  number of max bars for indicator caculate. If you want to see more HTF information, you need to set this value higher.

  • ----------Internal Structure----------
  • Show Internal Structure: Displays the internal structure labels & dashed lines to represent them. (BOS & CHoCH).
  • Select Internal Structure Break Type: Support 3 types of breakthrough options (Wick break, Body break, Two Candles break)
  • Select iBullish Structure type: Allows the user to select display All bullish structure or BOS/CHoCH separately.
  • iBullish Structure Color: Allows the user to define the color you like.
  • iBullish Structure Text Size:  Allows the user to set the label text size and line width.
  • iBullish Structure Line Width:
  • Select iBear Structure type:  Allows the user to select display All bearish structure or BOS/CHoCH separately.
  • iBear Structure Color:  Allows the user to define the color you like.
  • iBear Structrue Text Size:  Allows the user to set the label text size and line width.
  • iBear Structrue Line Width:
  • Maxbars to find Internal Structure: Define the bars number for confirm Internal High/Low, For large TF, consider setting the value smaller, and the small TF larger.
  • Structure detect Filter: Filter non-significant internal structure breakouts.
  • ---------------------------
  • Show iBull BOS label text: Allows the user to turn off the display of Label text, If you don't like to see many text displays.
  • Show iBull CHoCH label text
  • Show iBear BOS label text
  • Show iBear CHoCH label text
  • --------------------------

  • ----------Swing Structure----------
  • Show Swing Structure: Displays the swing structure labels & solid lines on the chart (larger BOS & CHoCH labels).
  • Select Swing Structure Break Type:  Support 3 types of breakthrough options(Wick break, Body break, Two Candles break)
  • Select Bullish Structure type:  Allows the user to select display All bullish structure or BOS/CHoCH separately.
  • Bullish Structure Color: Allows the user to define the color you like.
  • Bullish Structure Text Size:  Allows the user to set the label text size and line width.
  • Bullish Structure Line Width:
  • Select Bear Structure type:  Allows the user to select display All bearish structure or BOS/CHoCH separately.
  • Bear Structure Color:  Allows the user to define the color you like.
  • Bear Structure Text Size:  Allows the user to set the label text size and line width.
  • Bear Structure Line Width:
  • Show Swings Points(HH/HL/LL/LH): Displays swing points labels on chart such as HH, HL, LH, LL.
  • Maxbars to find Swing Structure:  Define the bars number for confirm Swing High/Low.
  • Show Strong/Weak High/Low: Display the latest High/Low lines, Conforming to the price trend is defined as Strong High/Low.
  • --------------------------
  • Show Bull BOS label text:  Allows the user to turn off the display of Label text, If you don't like to see many text displays.
  • Show Bull CHoCH label text
  • Show Bear BOS label text
  • Show Bear CHoCH label text
  • --------------------------

  • -----------Fractal Points----------
  • Show ZigZag Lines: Display ZigZag Lines on the chart.
  • Show Fractal Points:  Display Fractal Points on the chart.
  • Bars For Fractal: Bars number for calculate  Fractals.
  • ZigZag Line style: Allow the user to change the line color and style.
  • ZigZag Line color:
  • Fractal High Color:   Allow the user to change the Fractal Points color.
  • Fractal Low Color:

  • -----------Order Blocks----------
  • Show Internal Order Blocks: Enables Internal Order Blocks & allows the user to select how many most recent Internal Order Blocks appear on the chart.
  • Show Last iOB count: If you want to see more IOBs on the chart, set the number higher.
  • Show Swing Order Blocks: Enables Swing Order Blocks & allows the user to select how many most recent Swing Order Blocks appear on the chart.
  • Show Last OB count (min value 1): If you want to see more OBs on the chart, set the number higher.
  • Show OB mean threshold: Enables the Order Blocks mean threshold.
  • Select OB Display Type: Two Options for the user to select, Display As Rectangles or Display With Top-Bottom Lines. The display method of "Display With Top Bottom Lines" will be more concise and not troubled by color confusion, when OB rectangles overlap.
  • Order Block Filter: Use ATR to filter out extra long candles which will be defined as Order Block.
  • --------------------------
  • Bull Bear OB Alternating display(More concise): Default is false, This option is specially set for those who do not want to see a bunch of OBs.
  • If you don't want to see too many messy OB blocks,select true
  • --------------------------

  • -----------OB style settings----------
  • Internal Bullish OB Color: The set color will be applied to Internal Bullish Order blocks which display as filled rectangles.
  • Internal Bearish OB Color
  • Bullish OB Color
  • Bearish OB Color
  • Extend the OB rectangles: Extend the OB rectangles to the rightmost edge of the chart.
  • Bull OB mean threshold color
  • Bear OB mean threshold color
  • --------------------------
  • Bullish OB/iOB Top-Bottom Lines Color style
  • Bullish OB/iOB Top-Bottom Lines Color width
  • Bullish OB/iOB Top-Bottom Lines Color
  • Bearish OB/iOB Top-Bottom Lines Color style
  • Bearish OB/iOB Top-Bottom Lines Color width
  • Bearish OB/iOB Top-Bottom Lines Color
  • Extend OB/iOB Top-Bottom Lines

  • ----------Supply&Demand Order Blocks----------
  • Show Supply&Demand Order Blocks
  • Select Supply&Demand OB Type(ALL, Reversal Type, Continue Type)
  • Select Supply&Demand OB Display Type(ALL, Display Zones Only, Display Lines Only)
  • Number of Supply OBs to display on chart(min value 1)
  • Number of Demand OBs to display on chart(min value 1)
  • Supply&Demand Line Type
  • Supply&Demand Mean Threshold Line Type
  • Supply Line Color
  • Demand Line Color
  • Supply Mean Threshold Line Color
  • Demand Mean Threshold Line Color
  • Supply Zone Color
  • Demand Zone Color

  • ----------High Timeframe Structure----------
  • Show High Timeframe Control Panel: Display control panel of HTF, You can quickly control the display and hide of bigBar ChoCH BOS OB through the buttons on the panel.In order to avoid too much messy information, it is recommended to turn off LTF related functions when using HTF functions.
  • Select High Timeframe: Select HTF Period.The selected period must be greater than the period of the current chart.
  • Show HTF BigBar: Display the Candles of large period. BigBar will be displayed in the lower layer of the current candle graph. In order to avoid the color confusion of large and small period, it is recommended to set the color of candles in small period to light color.
  • Show HTF Internal BOS
  • Show HTF Swing BOS
  • Show HTF Internal CHoCH
  • Show HTF Swing CHoCH
  • Show HTF Internal OB
  • Show HTF Swing OB
  • Show HTF OB mean threshold
  • Show HTF Strong/Weak High/Low

  • -----------HTF Structure Style settings----------
  • Internal Bullish OB Color
  • Internal Bearish OB Color
  • Bullish OB Color
  • Bearish OB Color
  • Extend the OB rectangles
  • Bull OB mean threshold color
  • Bear OB mean threshold color
  • Internal Bullish Structure Color
  • Internal Bear Structure Color
  • Swing Bullish Structure Color
  • Swing Bear Structure Color
  • Bull BigBar color
  • Bear BigBar color

  • ----------MTF Structures Dashboard----------
  • Show MTF Structures Dashboard: Display Multi-Timeframe  Structures Dashboard in the four corners of the chart.
  • MTF Dashboard Panel Corner
  • Select Timeframe1: Allow the users to set any four period.
  • Select Timeframe2
  • Select Timeframe3
  • Select Timeframe4
  • Show Internal Structures: Display internal structures(Bull/Bear iCHoCH&iBOS)
  • Show External Structures: Display external structures(Bull/Bear CHoCH&BOS)
  • Bull Structure Label Text Color
  • Bear Structure Label Text Color
  • Bull Structure Label BgColor
  • Bear Structure Label BgColor

  • ----------Fibonacci Retracement----------
  • Show Fibonacci Retracement Line: When there is a market structure formed, Indicator start to detect the price retracement.
  • Select FB Retracement type: FB Retracement according to which type of market structrue, Internal or Swing
  • Fibonacci Retracement Line color:
  • FBR Text color when price retracement exceeds 50%: When Price Retracement over 50%, change text color to a more striking color.
  • Display full FB levels:Display complete FB objects.
  • Level 1: You can customize FB levels parameters.
  • Level 2: You can customize FB levels parameters.
  • Level 3 : You can customize FB levels parameters.
  • Level 4 : You can customize FB levels parameters.
  • FB levels color

  • ----------BSL/SSL Taken Detect----------
  • Show BSL/SSL Taken Line: Enables the BSL/SSL Taken detection and display arrow line,Because of the limitation of the algorithm, it is recommended to enable this function only in large period.
  • Show BSL/SSL Taken Text: Display text option
  • BSL/SSL Taken threshold(minval=0.5, step=0.1): Filter out those BARs that are too much higher/lower than the previous high/low
  • BSL line and text color
  • SSL line and text color

  • ----------EQH/EQL----------
  • Show Equal High/Low: Displays EQH / EQL labels on chart for detecting equal highs & lows.
  • Bars Confirmation Length: Allows the user to select how many bars are needed to confirm an EQH / EQL symbol on chart.
  • Auto Threshold: Filter out non-significant fair value gaps.

  • ----------Fair Value Gaps----------
  • Display Fair Value Gaps: Display FVGs as rectangles on chart.For those who are used to trading with FVG, the indicator provides the function of extending the FVG rectangle to the right to the current BAR and displaying the HTF FVG.
  • Auto Threshold: Filter out too small FVG.
  • Timeframe: Allows the user to select display high-timeframe FVGs.
  • Bullish FVG Color
  • Bearish FVG Color
  • Extend FVG(minval = 0): Allows the user to define the distance that FVG rectangles extends to the right, If 1, it means extending to the right 1 Bar distance.
  • Extend FVG rectangle to current candle: You can extend FVG directly to the right to the current Bar.
  • Delete FVG when filled: Delete the FVG when price filled it.
  • Filled FVG color: If you choose not to delete FILLED FVGs, you can set colors to distinguish them from FILLED FVGs.
  • Show FVG Consequent Encroachment:  Enables the  FVG Consequent Encroachment
  • Bull FVG Consequent Encroachment color
  • Bear FVG Consequent Encroachment color

  • ----------Liquidity Voids----------
  • Display Liquidity Voids: Detect  Liquidity Voids and mark it. Here LV is defined as the gap imbalance between two candles. LVs rarely appear in the continuously traded foreign exchange market,The stock index market appears more frequently and is also more important.
  • Auto Threshold
  • Liquidity Voids Color
  • Delete LVs when filled
  • Filled LVs color

  • ----------Long Wicks-----------
  • Show Long Wicks: Display Long Wicks at the High/Low area.
  • Long Wick threshold(minval=0.5,step=0.1): The higher the value, the longer the wick need to be displayed.
  • Bullish LW Color
  • Bearish LW Color
  • Delete LW when filled
  • Filled LW color

  • ----------Premium/Discount zones----------
  • Show Premium/Discount Zones: Allows the user to display Premium, Discount , and Equilibrium zones of last swing on the chart
  • Premium Zone Color
  • Equilibrium Zone Color
  • Discount Zone Color

  • ----------Previous Day/Week/Monthly High/Low----------
  • Show daily high/low
  • Line Color for daily
  • Show weekly high/low
  • Line Color for weekly
  • Show Monthly high/low
  • Line Color for monthly

  • ----------Previous Day Open/Close----------
  • Show previous  day open/close
  • Line Color for PDO/PDC

  • ----------Time Zone----------
  • Show Market Time Zone with rectangle: Automatically mark the trading time zone of each foreign exchange market.
  • Number of Each Market Time Zone to display(0 means all):  The user can set to display only the latest few results to avoid cluttering CHART with all of them displayed.
  • Time Zone Rectangle color
  • Time Zone label font size
  • Show London Time Zone
  • Show Frankfurt Time Zone
  • Is European Summer Time: When European time is summer time, set it to true.
  • Show Tokyo Time Zone
  • Show Sydney Time Zone
  • Show New York Time Zone
  • Is US Summer Time:  When US time is summer time, set it to true.
  • -------------------------
  • Show Asian Range: For day trade, the use of Asian Range and Opening Price are key. See ICT theory.
  • Number of Asian Box to display(0 means all):  The user can set to display only the latest few results to avoid cluttering CHART with all of them displayed.
  • Asian Range Box Color
  • Asian Range Line Color
  • Asia Max Favourable Range
  • -------------------------
  • Show NY Midnight Open
  • Show NY Midnight VLine
  • NY Midnight VLine style
  • NY Midnight VLine color
  • NY Midnight HLine style
  • NY Midnight HLine color
  • -------------------------
  • Show Tokyo Open Price
  • Show Sydney Open Price
  • Show London Open Price
  • Show Frankfurt Open Price
  • Show NewYork Open Price
  • Open Line Color
  • Open Line Width
  • -------------------------
  • Show Time Zone Panel at top left corner
  • Panel text color
  • Panel text color for market opening

  • ----------NWOG/NDOG----------
  • Display New Week Open Gap
  • Number of NWOG to display(0 means all)
  • NWOG Box Color
  • Show NWOG Label
  • NWOG Label color
  • Show NWOG C.E.
  • NWOG C.E. Line style
  • NWOG C.E. Line color
  • -------------------------
  • Display New Day Open Gap
  • Number of NDOG to display(0 means all)
  • NDOG Box Color
  • Show NDOG Label
  • NDOG Label color
  • Show NDOG C.E.
  • NDOG C.E. Line style
  • NDOG C.E. Line color

  • ----------Candle Timer----------
  • Show Candle Timer: Display the countdown of each candle.
  • Text Size
  • Text Font
  • Text Color
  • Text Color Countdown
  • Text Shift Bars(Candle Location)
  • Text Shift Price(Candle Location)
  • Enable Alarm when the Candle is going to finished: Turn on the candle countdown alarm clock.
  • Set Countdown seconds for Candle Alarm: Set countdown
  • Sound Wav File: Select the sound file. You can put the sound file in the sounds directory of the MT installation directory.

  • ----------Draw Candles by Trend----------(MT5 version only)
  • Draw Candles by Trend: Draw candles color according to internal trend.
  • Bull Candles Color
  • Bear Candle Color

  • ----------Alerts----------
  • Alert when Bullish CHoCH formed
  • Alert when Bullish BOS formed
  • Alert when Bearish CHoCH formed
  • Alert when Bearish BOS formed
  • Alert when Internal Bullish CHoCH formed
  • Alert when Internal Bullish BOS formed
  • Alert when Internal Bearish CHoCH formed
  • Alert when Internal Bearish BOS formed
  • -------------------------
  • Alert when Internal Bullish OB break
  • Alert when Internal Bearish OB break
  • Alert when Bullish OB break
  • Alert when Bearish OB break
  • -------------------------
  • Alert when Internal Bullish OB touched
  • Alert when Internal Bearish OB touched
  • Alert when Bullish OB touched
  • Alert when Bearish OB touched
  • OB Touch threshold(minval=0, maxval=1, step=0.1)
  • -------------------------
  • Alert when EQH formed
  • Alert when EQL formed
  • Alert when Swing High formed
  • Alert when Swing Low formed
  • -------------------------
  • Alert when Bullish FVG formed
  • Alert when Bearish FVG formed
  • Alert when Bullish FVG filled
  • Alert when Bearish FVG filled
  • Alert when Bullish FVG touched
  • Alert when Bearish FVG touched
  • FVG Touch threshold(minval=0, maxval=1, step=0.1)
  • -------------------------
  • Alert when Bullish LW formed
  • Alert when Bearish LW formed
  • Alert when Bullish LW filled
  • Alert when Bearish LW filled
  • -------------------------
  • Alert when BSL Taken
  • Alert when SSL Taken
  • -------------------------
  • Alert when Previous Day High touched
  • Alert when Previous Day Low touched
  • PDH/PDL Touch threshold(minval=0, maxval=0.5, step=0.1)

  • ----------Alerts to mobile----------
  • Alert to your MT4/5 mobile device
  • To realize this function you need:
  • 1.MetaQuotes IDs are specified.(Tools->Options->Notifications->MetaQuotes ID)
  • 2.Enable Push Notifications.(Tools->Options->Notifications->Enabel Push Notifications)

  • ----------Alerts to Email---------- (MT5 version only)
  • Alert to your Email address
  • To realize this function you need:
  • 1.Enable Email Notifications.(Tools->Options->Email->Enable Email Notifications)
  • 2.Setup an Email Account at www.gmx.com.(Video tutorial: https://www.youtube.com/watch?v=lSomE8aFa2Q)
  • 3.Enable access to GMX account via POP3 and IMAP.(GMX Email->Settings->POP3 & IMAP)
  • 4.Fill in the mailbox information for sending mail.(Tools->Options->Email->SMTP Server/SMTP login/SMTP psw/From/To)


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