Market Structure Break Signals MT4

Paid release: Market Structure Break Signals MT4 is a paid MetaCoderStore indicator. Use the product comments for setup questions, feature requests, and feedback for future updates.

Market Structure BOS CHOCH Signals marks structural continuation breaks and change-of-character reversal breaks directly on the chart, then exposes stable buffers for EAs and dashboards.

Use cases

• Identify bullish or bearish break of structure after confirmed swing highs and lows.
• Spot CHOCH events where price breaks against the prior structure direction.
• Filter liquidity sweeps, FVGs, order blocks, and breakout setups with objective structure context.
• Feed BOS and CHOCH signals into an EA, alert workflow, or multi-symbol scanner.

What it shows

• Green up arrows for bullish BOS continuation breaks.
• Red down arrows for bearish BOS continuation breaks.
• Blue up arrows for bullish CHOCH reversal breaks.
• Gold down arrows for bearish CHOCH reversal breaks.
• Hidden buffers for the broken level, trend direction, signal direction, and signal type.

Main features

• Fractal-style swing detection with separate left/right swing depth inputs.
• Close-based or wick-based break confirmation.
• Closed-bar-only mode to avoid acting on incomplete live candles.
• Optional visual markers, so EA users can hide arrows while keeping buffers active.
• No DLLs, no external files, no account locks, and no symbol restrictions.

Basic use steps

1. Attach the indicator to a clean chart, usually M5 to H1 for intraday structure.
2. Use SwingLeftBars and SwingRightBars to match your preferred swing sensitivity.
3. Treat BOS as continuation context and CHOCH as a possible reversal context.
4. Combine the signal with your own risk model, session filter, liquidity zone, or higher-timeframe bias.

Inputs

• SwingLeftBars: older bars required on the left side of a confirmed swing.
• SwingRightBars: newer bars required on the right side of a confirmed swing.
• UseCloseBreak: true requires candle close beyond the structure level; false allows wick breaks.
• ConfirmClosedBarsOnly: true suppresses current open-bar signals.
• MaxCalculatedBars: limits historical work for faster loading; 0 calculates all available bars.
• ShowSignalMarkers: shows or hides the chart arrows while buffers remain available.

Buffers for EA integration

• Buffer 0: bullish BOS marker price, or EMPTY_VALUE.
• Buffer 1: bearish BOS marker price, or EMPTY_VALUE.
• Buffer 2: bullish CHOCH marker price, or EMPTY_VALUE.
• Buffer 3: bearish CHOCH marker price, or EMPTY_VALUE.
• Buffer 4: broken structure level price.
• Buffer 5: trend direction: 1 bullish, -1 bearish, 0 unknown.
• Buffer 6: signal direction: 1 bullish break, -1 bearish break, 0 no signal.
• Buffer 7: signal type: 1 bullish BOS, -1 bearish BOS, 2 bullish CHOCH, -2 bearish CHOCH.

Risk note

This indicator is a structure visualization and signal tool. It does not predict future price movement and it does not manage risk. Always test settings on historical and demo data before using them in a live trading plan.