ShooterSignal

ShooterSignal

ShooterSignal is a multi-timeframe market structure indicator for MetaTrader 5.

The indicator analyzes price data and identifies swing points used to display market structure on the chart.

Market Structure

The indicator identifies:

  • Higher High (HH)

  • Higher Low (HL)

  • Lower High (LH)

  • Lower Low (LL)

These structural points are displayed on the chart according to the selected timeframe.

Structure Events

ShooterSignal can display structural events based on detected price movement, including:

  • Break of Structure (BOS)

  • Change of Character (CHoCH)

  • Bullish and bearish structural transitions

  • Confirmed swing points

Multi-Timeframe Analysis

Each selected timeframe is analyzed using its own price data.

For example, H1 structure is calculated from H1 data, while M15 structure is calculated from M15 data.

Structure calculated for one timeframe does not replace the structure calculated for another timeframe.

Structural Levels

The indicator can display levels associated with detected swing points and market structure.

These levels provide visual references for analyzing the relationship between recent highs and lows.

Usage

ShooterSignal can be used for:

  • Intraday analysis

  • Market structure analysis

  • Multi-timeframe analysis

  • Price action analysis

The indicator can be applied to different symbols and timeframes supported by MetaTrader 5.

ShooterSignal is an analytical indicator and does not execute trades.

Requirements

MetaTrader 5


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