LHAMA MTF Structure & Fibs [LTS]

Overview
LHAMA MTF Structure & Fibs is a multi-purpose market structure toolkit that combines current-timeframe structure, higher-timeframe structure, Imbalance/FVG-based order blocks, and automatic Fibonacci retracements into a single chart overlay.

Current-Timeframe Structure
The indicator first maps current-timeframe market structure using swing highs and lows based on a user-defined pivot length (“Time-Horizon”):

• Labels swing points as HH, HL, LH, and LL.
  
• Draws BOS (Break of Structure) when price breaks beyond a prior swing.
  
• Optionally identifies CHoCH (Change of Character) when a break occurs against the previous direction.
  
• Lets you choose whether BOS/CHoCH confirmation uses closes or wicks.
  
• Provides options to show/hide swing labels, choose line style (solid/dashed/dotted), and configure bullish/bearish colors.
  

Higher-Timeframe (HTF) Structure
On top of the local structure, the script builds a higher-timeframe structure map and projects it onto your active chart:

• Aggregates price into HTF “bars” (e.g., 4h structure on a 5m chart).
  
• Detects HTF pivots with their own pivot length setting.
  
• Draws HTF BOS/CHoCH lines and labels back on the lower timeframe.
  
• Lets you choose wick vs close confirmation for HTF breaks.
  
• Optional “pending” HTF levels: lines extended from the latest HTF swing highs/lows that remain “waiting” until price breaks them.
  

This is designed to make it easier to see how intraday price is moving relative to the dominant higher-timeframe trend.

Order Blocks (Imbalance/FVG-Based)
The indicator detects simple bullish and bearish order blocks based on fair value gaps and prior sweeps:

• Identifies bullish/bearish FVGs together with a sweep of a previous low/high.
  
• Creates colored boxes anchored to an “anchor” candle and extends them forward.
  
• Marks boxes as “broken” when price trades inside or through the opposite side.
  
• Broken blocks can have reduced emphasis (more transparent, dashed border) and can optionally be deleted.
  
• Show Nearest Only mode highlights only the closest active bullish and bearish blocks to reduce chart clutter.
  
• Periodic cleanup removes very old boxes to maintain chart responsiveness.
  

Automatic Fibonacci Levels
The script can draw up to five customizable Fibonacci retracement levels using the HTF structure logic:

• Measures swings using HTF pivots and extremes.
  
• Historical mode: measures between two confirmed pivots in one direction.
  
• Live mode: starts from the last confirmed pivot and tracks the evolving extreme; if price reverses through that pivot, measurement can flip to track the new leg.
  
• Each Fib level has its own on/off toggle, ratio value, and color.
  
• Draws a main swing line plus retracement lines projected slightly into the future.
  

Key Inputs & Customization
Market Structure (Current TF)

• Pivot length (“Time-Horizon”).
  
• BOS confirmation: candle close or wicks.
  
• BOS/CHoCH line style and width.
  
• Swing labels on/off and global label size.
  
• Bullish/bearish colors.
  

Market Structure (HTF)

• HTF timeframe selection.
  
• Separate pivot length for HTF swings.
  
• Close vs wick confirmation for HTF breaks.
  
• HTF swing labels and CHoCH labels on/off.
  
• Pending HTF levels: style, color, and visibility.
  

Order Block Settings

• Bullish/bearish box colors and border width.
  
• Maximum number of boxes to display.
  
• Optional deletion of broken blocks.
  
• “Show Nearest Only” filter to highlight the closest active zones.
  
• Max bars to backscan for the anchor candle.
  
• Cleanup frequency for removing very old boxes.
  

Fibonacci Settings

• Show/hide auto Fibs.
  
• Historical vs Live tracking mode.
  
• Five user-defined ratios with individual toggles and colors.