Market Structure Highs and Lows
- Indicatori
- Cong Minh Doan
- Versione: 1.0
Market Structure Highs and Lows
Overview:
Market Structure Highs and Lows is a professional indicator that automatically detects and visualizes key price structure points — Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL). It helps traders clearly see trend direction, reversals, and market flow through a clean ZigZag structure.
How it works:
The indicator analyzes swing points using a ZigZag algorithm to define structural highs and lows.
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Uptrend: Sequence of HH and HL.
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Downtrend: Sequence of LL and LH.
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Reversal: A shift from HH–HL to LH–LL (or vice versa) signals a potential trend change.
Main features:
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Automatically labels HH, HL, LH, and LL on chart.
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Optional ZigZag line for clear trend visualization.
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Supports breakout confirmation with Fibonacci factor.
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Helps confirm trend direction, reversals, and structure shifts.
- Works across all timeframes and symbols (forex, crypto, stocks, indices).
Trading usage:
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Buy idea: After an HL forms during an uptrend.
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Sell idea: After an LH forms during a downtrend.
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Exit: When the structure shifts in the opposite direction.
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Combine with support/resistance or moving averages for better accuracy.
Benefits:
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Simplifies trend analysis.
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Filters market noise using ZigZag logic.
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Improves timing for entries and exits.
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Ideal for structure-based and price action traders.
