Market structure
Last updated
Last updated
Market Structure
Market Structure: This feature helps you visualize the market's trend direction by identifying key swing highs and lows.
Break of Structure (BOS) and Change of Character (ChoCH): The toolkit automatically detects significant shifts in market structure, highlighting potential trend reversals.
How to Use: Turn on Market Structure to automatically display BOS and ChoCH on your chart. This is particularly useful for understanding the current market trend and planning trades accordingly.
Trade example: 1. Identify bullish market structure Break (BOS) 2. look for a retracement into a demand zone 3. set TP/SL 1:2 RR and gain!