Pure Price Action Structures Indicator mt4

Pure Price Action Structures Indicator mt4

The indicator visually plots major market structure points, helping traders quickly understand price progression:

Swing Highs and Lows – Key reversal points in price are marked to show where buyers or sellers stepped in.

Break of Structure (BOS) – When price breaks beyond a previous swing high or low, the indicator labels it as BOS, signaling potential trend continuation.

Market Structure Shift (MSS) – If price reverses direction before breaching the most recent swing point, it may form an MSS, indicating a possible trend reversal.

These events are clearly marked with lines and labels, often noted as LT-BOS or LT-MSS, to provide an intuitive understanding of market direction. The indicator’s swing detection adapts to different swing sizes, ensuring that signals reflect meaningful price movements rather than minor fluctuations or noise.

Trading Signals Using BOS and MSS

The Pure Price Action Structures Indicator offers actionable insights for traders by highlighting structural changes:

Trend Continuation (BOS)

A bullish BOS occurs when price breaks above a previous swing high.

A bearish BOS forms when price breaks below a previous swing low.

These signals suggest that the current trend is likely to continue and may provide an entry opportunity in the direction of the trend.

Trend Reversal (MSS)

MSS occurs when price fails to break the most recent swing and reverses.

Bullish MSS forms when the market fails to break lower swings, hinting at upward reversal potential.

Bearish MSS occurs when upward swings are rejected, signaling a possible downtrend.

By marking BOS and MSS events directly on the chart, traders can quickly identify trend shifts and plan entries and exits accordingly.

Why Use the Pure Price Action Structures Indicator

Provides clear, visual structure-based analysis without chart clutter.

Automates the identification of meaningful swings, BOS, and MSS.

Works effectively across all timeframes, from intraday (M15, H1) to daily and weekly charts.

Complements price action trading, smart money concepts, and trend-following strategies.

Saves time by reducing manual swing analysis and helps traders make faster, more informed decisions.

Conclusion

The Pure Price Action Structures Indicator by LuxAlgo is an essential tool for traders focused on structure-based strategies. By clearly highlighting swing highs, lows, BOS, and MSS levels, it simplifies price action analysis and enhances market clarity.

For traders aiming to master price action and trend structure, this indicator is a powerful addition to a MetaTrader 4 setup. It automates the visualization of structural shifts, making it easier to spot trends, reversals, and trading opportunities efficiently.

For more free MT4 indicators and trading tools, visit IndicatorForest.com.