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Higher Timeframe Market Structure

3 878
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.
Release Notes
Updated vocab in input
Release Notes
Alerts updated to reflect correct vocabulary
Release Notes
Internal shift calculation logic updated for accuracy on lower-fractal timeframes
Release Notes
Input vocabulary updated
Release Notes
Added "any alert() function call"
Release Notes
Darker internal shift triangles for visual clarity
Release Notes
Alert fix
Release Notes
Zone invalidation updated- no invalidation until Aggregated value closes beyond zone
Release Notes
Alert conditions updated
Release Notes
Line color, width and style are now modifiable.

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.

The_Forex_Steward
Candlestick analysismultitimeframeTrend Analysis

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.
Candlestick analysismultitimeframeTrend Analysis

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.

The_Forex_Steward

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.