JM Market Structure
- Indicators
-
Mikhail Dzhan
I am a Senior Developer with over 15 years of experience. I am proficient in MQL5, C++, C#, Java, and Python. I write Expert Advisors, indicators, utilities and libraries. - Version: 1.0
- Activations: 5
Professional market structure indicator based on the Smart Money methodology. Automatically detects CHoCH, BOS, FakeBOS and IDM. Trade using the strategy of large players while eliminating emotions and manual analysis. Boost the accuracy of your trades today!
Indicator Parameters
Main Settings
- Number of bars for calculation at startup - the number of bars in history on which the market structure will be built when the indicator is attached to the chart
- Theme
- Dark - a dark theme will be applied to the bars and chart
- Use - the color of the bars and chart will remain unchanged
Valid Rollbacks
- Show Rollbacks - enable/disable displaying valid rollbacks on the chart
- Show Points - enable/disable displaying points where valid rollbacks are located
- Show ZigZag - enable/disable displaying the zigzag connecting valid rollback points
- High Color - color of the valid rollback high point
- Low Color - color of the valid rollback low point
- Zigzag Color - color of the zigzag line rendering
- Zigzag Width - width of the zigzag line rendering
- High Symbol - symbol used to render the maximum point (see symbol codes here)
- Low Symbol - symbol used to render the minimum point (see symbol codes here)
Market Structure (BOS, CHoCH, IDM)
- Show Market Structure - enable/disable displaying structure points on the chart
- High Color - color of the high point
- Low Color - color of the low point
- Capture Line Color - color of the breakout line for BOS, FakeBos, IDM, CHoCH
- Temp Line Color - color of the breakout line for BOS, FakeBos, IDM, CHoCH before the breakout occurs
- Text Color - color of the text labels with point names
- Capture Line Style - style of the breakout line for BOS, FakeBos, IDM, CHoCH
- Temp Line Style - style of the breakout line for BOS, FakeBos, IDM, CHoCH before the breakout occurs
- Line Width - thickness of all lines rendered in the market structure
- Confirmed Swing Symbol - symbol used to designate a confirmed structural point (see symbol codes here)
- Unconfirmed Swing Symbol - symbol used to designate an unconfirmed structural point (see symbol codes here)
Disclaimer: The presented indicator is intended to assist in market analysis and is not a direct call to buy or sell financial assets. The developer is not responsible for any financial losses resulting from the use of this software.
