OPEN-SOURCE SCRIPT
Updated Market Structure (Nephew_Sam_)
This indicator consists of 3 features:
1. Plots label to the right for current market structure
2. Plots dashed line to show where the next market structure would be
3. Draws arrows above/below historical market structure breaks
This might get a little to noisy in ranging markets or lower timeframes but it does the job.
Credits to SimpleCryptoLife for the source code.
This script is take from the indicator "True Market Structure" which is created by the above mentioned user
Copyright rules for reusing the script:
// == COPYRIGHT ==
// Script by @SimpleCrpytoLife. This script is open-source.
// --> If you use ideas from it, you don't need to ask or give credit to me.
// --> If you copy code out of here to adapt for your own script, it must be open-source. You don't need to ask permission, just credit @SimpleCryptoLife.
1. Plots label to the right for current market structure
2. Plots dashed line to show where the next market structure would be
3. Draws arrows above/below historical market structure breaks
This might get a little to noisy in ranging markets or lower timeframes but it does the job.
Credits to SimpleCryptoLife for the source code.
This script is take from the indicator "True Market Structure" which is created by the above mentioned user
Copyright rules for reusing the script:
// == COPYRIGHT ==
// Script by @SimpleCrpytoLife. This script is open-source.
// --> If you use ideas from it, you don't need to ask or give credit to me.
// --> If you copy code out of here to adapt for your own script, it must be open-source. You don't need to ask permission, just credit @SimpleCryptoLife.
Release Notes
Added multiple timeframes labelRelease Notes
Reverted new update, too many bugs.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.