OPEN-SOURCE SCRIPT
Multi Market Structure Trend

OVERVIEW
Multi Market Structure Trend [Paytience] is a multi-layered market structure analyzer that detects trend shifts across five independent pivot-based structures. Each pivot uses a different lookback length, offering a comprehensive view of structural momentum from short-term to long-term.
The indicator visually displays the net trend direction using colored candlesticks and a dynamic gauge that tracks how many of the 5 market structure layers are currently bullish or bearish.
⯁ STRUCTURE TRACKING SYSTEM
The indicator tracks five separate market structure layers in parallel using pivot-based breakouts. Each one can be individually enabled or disabled.
Each structure works as follows:
⯁ CANDLE COLOR GRADIENT SYSTEM
The indicator calculates the average directional bias from all enabled market structures to determine the current trend score.
⯁ TREND GAUGE PANEL
Displayed at the middle-right side of the chart, the gauge shows the current trend strength in real time.
⯁ USAGE
This indicator is highly effective for traders who want to:
⯁ CONCLUSION
Multi Market Structure Trend [Paytience] offers a unique and powerful way to assess trend direction using stacked market structure logic. With five independently calculated structure layers, colored candle feedback, and a real-time trend gauge, traders can better time entries, filter noise, and confirm multi-timeframe alignment — all within a single chart overlay.
Multi Market Structure Trend [Paytience] is a multi-layered market structure analyzer that detects trend shifts across five independent pivot-based structures. Each pivot uses a different lookback length, offering a comprehensive view of structural momentum from short-term to long-term.
The indicator visually displays the net trend direction using colored candlesticks and a dynamic gauge that tracks how many of the 5 market structure layers are currently bullish or bearish.
⯁ STRUCTURE TRACKING SYSTEM
The indicator tracks five separate market structure layers in parallel using pivot-based breakouts. Each one can be individually enabled or disabled.
Each structure works as follows:
- A bullish MSB (Market Structure Break) occurs when price breaks above the most recent swing high.
- A bearish MSB occurs when price breaks below the most recent swing low.
- Structure breaks are plotted as horizontal lines and labeled with the number (1 to 5) corresponding to their pivot layer.
⯁ CANDLE COLOR GRADIENT SYSTEM
The indicator calculates the average directional bias from all enabled market structures to determine the current trend score.
- Each structure contributes a score of +1 for bullish and -1 for bearish.
- The total score ranges from -5 (all bearish) to +5 (all bullish).
- Candlesticks are colored using a smooth gradient:
- Bright Green: Strong bullish trend (e.g., +5).
- Orange: Neutral mixed trend (e.g., 0).
- Red: Strong bearish trend (e.g., -5).
- Bright Green: Strong bullish trend (e.g., +5).
⯁ TREND GAUGE PANEL
Displayed at the middle-right side of the chart, the gauge shows the current trend strength in real time.
- The bar consists of up to 10 gradient cells (5 up, 5 down).
- Each active market structure pushes the score in one direction.
- The central cell displays a numeric trend score:
- +5 = All 5 market structures bullish
- 0 = Mixed/neutral trend
- -5 = All 5 market structures bearish
- Colors of the gauge bars match the candle gradient system.
⯁ USAGE
This indicator is highly effective for traders who want to:
- Monitor short- and long-term structure shifts simultaneously on a single chart.
- Use structure alignment as a trend confirmation tool — for example, waiting for at least 2 out of 5 structures to align before entering a trade.
- Visually filter noise from different time horizons using the gauge and candle gradient.
- Track CHoCH (Change of Character) transitions clearly and across multiple scales.
⯁ CONCLUSION
Multi Market Structure Trend [Paytience] offers a unique and powerful way to assess trend direction using stacked market structure logic. With five independently calculated structure layers, colored candle feedback, and a real-time trend gauge, traders can better time entries, filter noise, and confirm multi-timeframe alignment — all within a single chart overlay.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
Get Access To Our Premium Paytience Indicators: paytience.io
All scripts & content provided by Paytience are for informational & educational purposes only. Past performance does not guarantee future results. 🦉
All scripts & content provided by Paytience are for informational & educational purposes only. Past performance does not guarantee future results. 🦉
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
Get Access To Our Premium Paytience Indicators: paytience.io
All scripts & content provided by Paytience are for informational & educational purposes only. Past performance does not guarantee future results. 🦉
All scripts & content provided by Paytience are for informational & educational purposes only. Past performance does not guarantee future results. 🦉
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。