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.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Bạn có thể yêu thích nó để sử dụng nó trên biểu đồ.
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