SMC Multi Timeframe Market Structure MT4

SMC Multi Timeframe Market Structure MT4 tracks market structure on five timeframes at the same time: swing points, higher highs and higher lows, lower highs and lower lows, and the breaks that confirm or change the trend. A panel shows the major and minor trend of every timeframe, so you can see whether the higher and lower timeframes agree. The structure is also drawn on the chart.

How structure is built:

Every swing high and swing low is tracked as new candles close. Swings that make a new extreme become minor levels, labelled HH, HL, LH and LL. The key highs and lows of the larger move are tracked as major levels. A level counts as broken only when a candle body closes beyond it, not the wick. A break against the current trend is marked as CHoCH (change of character), and a break in the direction of the trend is marked as BoS (break of structure). A major break needs a minimum number of minor levels inside the leg (3 by default), so small moves are ignored.

Main features:

Trend tab with one row per timeframe: Higher (H4), Main (H1), Mid (M30) and Entry (M15) by default, plus an optional row for the chart timeframe. Each row shows the major and minor trend in green (bullish) or red (bearish).
Previous and next buttons to step through the symbols in your Market Watch, plus the server date and time.
Structure tab with switches for swing points, minor points, major points, minor breaks and major breaks. Changes are applied to the chart immediately.
Candles to look back from 100 to 5000, set with buttons or typed in.
Presets to save your settings under a name and load or delete them later. Saving over an existing name asks for confirmation.
Break arrows from the broken level to the breaking candle, labelled Bu.CH, Br.CH, Bu.BoS or Br.BoS, with "Mj." added for major breaks.
Optional horizontal lines for the current major range.

Inputs:

Higher, Main, Mid and Entry timeframes, and the optional chart timeframe row
Candles to look back and which elements to draw
Prior minor point for breaks and the minimum number of minor levels for a major break
Draw the chart timeframe only, or all timeframes
Label texts, position and font sizes for CHoCH and BoS
Panel position and width, and the data folder for saved settings

The analysis updates on every new candle, and panel settings are restored the next time the EA is attached. On a new symbol, allow a few seconds for the price history of all five timeframes to download; the analysis then rebuilds automatically. The EA does not open, modify or close trades.


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