Bos Detected Indicator

Description:
This lightweight indicator is designed for Price Action and Smart Money Concepts (SMC) traders who need to identify market shifts in real-time. It automatically detects swing highs and swing lows to label market structure and signals trend continuations through Break of Structure (BoS) markers.

Key Features:

• Automatic Swing Detection: Uses a customizable lookback period to identify significant peaks and troughs.
• Market Structure Labeling: Automatically plots Higher Highs (HH) and Lower Lows (LL) to help you identify the current trend bias.
• Break of Structure (BoS): Signals when the price breaks a previous structural point, indicating potential trend momentum or continuation.
• Clean Chart Management: Includes an auto-cleanup feature (MaxStructurePoints) that deletes old labels to keep your charts responsive and clutter-free.
• Fully Customizable: Adjust the sensitivity of swing detection and BoS lookbacks to match any timeframe or asset class.