Structure Breakout - Buy Sell Indicator

Structure Breakout - Buy Sell Indicator

📈 OVERVIEW:
A minimalist indicator that identifies market structure breakouts using swing point analysis.
Displays clear blue buy arrows and red sell arrows when price breaks key swing levels.

🔧 HOW IT WORKS:
1. Identifies swing highs and lows using configurable lookback period
2. Triggers BUY signal (blue arrow) when price closes above previous swing high
3. Triggers SELL signal (red arrow) when price closes below previous swing low
4. Uses clean visual arrows without cluttering the chart

⚙️ KEY FEATURES:
• Clean, uncluttered visual signals
• Customizable sensitivity period
• Blue arrows for buy signals (below bars)
• Red arrows for sell signals (above bars)
• No lagging repainting
• Works on all timeframes

🎯 TRADING APPLICATIONS:
• Swing trading entries
• Breakout confirmation
• Trend continuation signals
• Support/resistance breaks

⚡ SETTINGS:
• Structure Detection Period (default: 20) - Adjust sensitivity of swing detection


⚠️ RISK DISCLAIMER:
This is an educational tool. Always use proper risk management.
Past performance does not guarantee future results.