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已更新 MZ.ARM | Market Structure Identifier

This indicator reveals the true market structure, improving over the usual method that uses Williams Highs and Lows as pivots, which are only approximations. ⚡️
📈 How it works:
It precisely confirms Local Highs and Local Lows by rules:
A Local High gets confirmed only when a later candle closes below its low.
A Local Low gets confirmed only when a later candle closes above its high. 📍
Enforces strict alternation: a Low always follows a confirmed High and vice versa. No sequences like High, High, Low, Low allowed. 🔄
Identifies bullish market structure when price forms Higher Highs and Higher Lows (uptrend) 🐂, and bearish structure when price forms Lower Lows and Lower Highs (downtrend) 🐻.
Defines intermediate Highs and Lows as Ranging (neutral), which can precede trend continuation or reversal. 🔄
⚔️ Bullish/Bearish Breaks (early signals):
A Bullish Break happens when the current candle’s close exceeds the previous confirmed Local High 🔥.
A Bearish Break happens when the current close drops below the most recent confirmed Local Low ❄️.
Uses candle Close price (instead of High/Low) to reduce false signals from spikes 🎯.
📈 How it works:
It precisely confirms Local Highs and Local Lows by rules:
A Local High gets confirmed only when a later candle closes below its low.
A Local Low gets confirmed only when a later candle closes above its high. 📍
Enforces strict alternation: a Low always follows a confirmed High and vice versa. No sequences like High, High, Low, Low allowed. 🔄
Identifies bullish market structure when price forms Higher Highs and Higher Lows (uptrend) 🐂, and bearish structure when price forms Lower Lows and Lower Highs (downtrend) 🐻.
Defines intermediate Highs and Lows as Ranging (neutral), which can precede trend continuation or reversal. 🔄
⚔️ Bullish/Bearish Breaks (early signals):
A Bullish Break happens when the current candle’s close exceeds the previous confirmed Local High 🔥.
A Bearish Break happens when the current close drops below the most recent confirmed Local Low ❄️.
Uses candle Close price (instead of High/Low) to reduce false signals from spikes 🎯.
版本注释
🛠️⚙️ Added 🟢🔴 dotted line to signal where trend is about to flip.版本注释
📈🆕 Chart example of 𝗠𝗭.ARM trade.受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用它,没有任何限制 — 在此处了解更多信息。
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。
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用它,没有任何限制 — 在此处了解更多信息。
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。