Market Structure Break Out
- Indicators
- Ashkan Hazegh Nikrou
- Version: 1.3
- Updated: 25 December 2023
- Activations: 5
Introducing Market Structure Break Out for MT4 – Your Professional MSB and Unbroken Zone indicator
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Market Structure Break Out : your way to have pure analysis on market waves
This indicator designed to drawing market structure and movement waves, to find out best MSB or Market Structure Break Out , when market has movement and break recent structure it can determine how much factor was this break out, and if its be greater than specific factor it means this break out can be confirmed break out , so you can have 4 important cases in this tool :
- Market structure waves
- Confirmed structure breakouts, and
- Unbroken supply and demand zones.
- Buy and Sell arrows based on retouch and reconfirmed unbroken supply and demand zones
Long And Short Signal Concept :
Attach indicator on any time frame or symbol you want, you can see unbroken supply and demand zones, Also MSB lines show where and when market movement succeed to break out recent structure, by these information manual trader can predict next movement, but let we focus on buy and sell signals that this indicator can generate inside unbroken zones, buy entry arrow will generate when price enter inside unbroken demand zone, but it cant break this zone, and price speed going less, as soon as one candle comes out of zone and close out of zone , buy signal will appear and user receive alert for very fresh signals too, we have exactly same scenario for sell arrow inside supply zones, you can find out more about how this concept work in this blog post : Combination of MSB(Market Structure Break Out) And Unbroken Zones
Introduction to input parameters :
ZZ Length , Deviation , Backstep : these 3 parameters effect on wave drawing like what we have in default zig zag indicatorMin Break Out Factor : This factor effect on MSB detection and Zone drawing, it means minimum break out factor we need to have to confirm its correct MSB time
Conclusion:
Drawing from my 10 years of experience, I find that analyzing market structure, supply and demand dynamics, and conducting a thorough price analysis are powerful methods for predicting the forex market. I am particularly fond of strategies rooted in purity, and Market Structure Breakout (MSB) stands out as one such strategy. It is evident that markets follow distinct waves, break past patterns, and exhibit respect for significant percentages of unbroken supply and demand zones.