OPEN-SOURCE SCRIPT
Güncellendi

Higher Timeframe Market Structure

2 780
HTF Market Structure – ZigZag, Break of Structure & Supply/Demand

This powerful indicator is designed to identify higher-timeframe market structure using a combination of ZigZag patterns, Break of Structure (BOS) signals, and Supply/Demand zones.

Key Features:
  • Automatic detection of Higher Highs (HH), Higher Lows (HL), Lower Lows (LL), and Lower Highs (LH)
  • Internal structure shifts based on Open or High/Low logic
  • Supply and Demand zones plotted on the chart
  • Break of Structure (BOS) lines with optional alerts
  • Mitigation logic to mark or delete invalidated order blocks
  • Customizable aggregation factor to view higher time frame structure on lower time frames


How to Use:
  • Focus on market structure and BOS to understand the current trend.
  • Watch for internal shifts as early signals of potential reversals.
  • Use ZigZag lines to connect swing highs and lows to visualize market rhythm.
  • Supply zones (red) and Demand zones (green) are automatically drawn after structure breaks:
    • Use Demand Zones in Bullish Markets for the highest probability entries.
    • Use Supply Zones in Bearish Markets to align with the prevailing trend.


Best Practices:
  • Only use Demand Zones in Bullish markets and Supply Zones in Bearish markets for optimal results.
  • Look for price action or reversal signals within these zones to refine your entries.
  • Enable alerts to get notified on:
    • New order blocks
    • Internal shifts
    • BOS events
    • HH, HL, LL, LH formations
    • Liquidity sweeps


Customization Options:
  • Aggregation Factor: Control how many candles are grouped for structure analysis.
  • Zone Duration: Define how length of plotted zones.
  • Mitigation Settings: Automatically delete or fade zones after mitigation.
  • Colors: Choose custom colors for bullish and bearish zones and structure markers.


This tool is ideal for traders who rely on price action, structure, and smart money concepts. Combine it with your own S&D strategy or integrate it with other confluence tools for even better precision.
Sürüm Notları
Updated vocab in input
Sürüm Notları
Alerts updated to reflect correct vocabulary
Sürüm Notları
Internal shift calculation logic updated for accuracy on lower-fractal timeframes
Sürüm Notları
Input vocabulary updated
Sürüm Notları
Added "any alert() function call"
Sürüm Notları
Darker internal shift triangles for visual clarity
Sürüm Notları
Alert fix
Sürüm Notları
Zone invalidation updated- no invalidation until Aggregated value closes beyond zone

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.