TraderStart MTF Structure BOS
- Göstergeler
- Sürüm: 3.30
- Etkinleştirmeler: 5
PRODUCT NAME
TraderStart MTF Structure BOS
CATEGORY
MetaTrader 5 / Indicators
SHORT DESCRIPTION
Multi-timeframe market structure with HH/HL/LH/LL, BOS, CHoCH and configurable wick or candle-close logic.
FULL DESCRIPTION
TraderStart MTF Structure BOS is an on-chart market structure indicator for MetaTrader 5.
It is designed for traders who want to see confirmed swing structure directly on the chart without manually marking every higher high, higher low, lower high and lower low.
The indicator can display one selected structure timeframe on the current chart while a compact multi-timeframe strip shows the directional structure of the other enabled timeframes.
Main features
- HH, HL, LH and LL swing labels
- Break of Structure (BOS)
- Change of Character (CHoCH)
- Swing path between confirmed pivots
- Multi-timeframe context strip
- Selectable overlay timeframe
- Optional M5, M15, M30, H1, H4, D1 and W1 context
- Wick-based or candle-body swing source
- Candle-close or wick-break confirmation
- Adjustable pivot sensitivity
- ATR-based break buffer
- Configurable chart history and number of displayed pivots
- Popup, push and sound alert options
- Alerts for individual structure breaks
- Alerts when consecutive enabled timeframes align
- Clean light chart theme
- TraderStart branded chart panel
- Works on Forex, metals, indices and other symbols supported by the broker
Structure logic
Confirmed pivots are identified using a configurable left/right pivot window. The default setting is two bars on each side.
A higher swing high is labelled HH and a lower swing high is labelled LH. A higher swing low is labelled HL and a lower swing low is labelled LL.
BOS is used when price breaks structure in the direction of the current structural sequence. CHoCH is used when price breaks against the current structure and signals that the existing structural sequence has been damaged.
Users can choose how structure is measured:
Swing source
- Wicks
- Candle bodies
Break confirmation
- Candle close
- Wick break
The default configuration uses wick-defined pivots with candle-close break confirmation.
Multi-timeframe view
The compact strip can display the current structural direction for the enabled timeframes. This allows a trader to compare lower and higher timeframe structure without opening several charts.
The structure drawn on the main chart can be set independently to Auto, M15, H1, H4 or D1.
Alerts
The indicator can notify the user when:
- a new bullish or bearish BOS is confirmed;
- a new bullish or bearish CHoCH is confirmed;
- the configured number of consecutive timeframes become aligned.
Popup, push and sound notifications can be enabled independently.
Display
The default visual style uses a clean light chart with separate colours for bullish structure, bearish structure and CHoCH transitions.
Swing paths, pivot labels, structure breaks and the multi-timeframe strip can each be shown or hidden independently.
Notes
This is an analytical indicator. It does not open, close or manage trades.
Market structure is one form of technical analysis and does not predict future price movement with certainty. Traders should combine structure with their own risk management and trading process.
