OPEN-SOURCE SCRIPT
Atualizado Fractal Pullback Market Structure
Fractal Pullback Market Structure
Author: The_Forex_Steward
License: Mozilla Public License 2.0
The Fractal Pullback Market Structure indicator is a sophisticated price action tool designed to visualize internal structure shifts and break-of-structure (BoS) events with high accuracy. It leverages fractal pullback logic to identify market swing points and confirm whether a directional change has occurred.
This indicator detects swing highs and lows based on fractal behavior, drawing zigzag lines to connect these key pivot points. It classifies and labels each structural point as either a Higher High (HH), Higher Low (HL), Lower High (LH), or Lower Low (LL). Internal shifts are marked using triangle symbols on the chart, distinguishing bullish from bearish developments.
Break of Structure events are confirmed when price closes beyond the most recent swing high or low, and a horizontal line is drawn at the breakout level. This helps traders validate when a structural trend change is underway.
Users can configure the lookback period that defines the sensitivity of the pullback detection, as well as a timeframe multiplier to align the logic with higher timeframes such as 4H or Daily. There are visual customization settings for the zigzag lines and BoS markers, including color, width, and style (solid, dotted, or dashed).
Alerts are available for each key structural label—HH, HL, LH, LL—as well as for BoS events. These alerts are filtered through a selectable alert mode that separates signals by timeframe category: Low Timeframe (LTF), Medium Timeframe (MTF), and High Timeframe (HTF). Each mode allows the user to receive alerts only when relevant to their strategy.
This indicator excels in trend confirmation and reversal detection. Traders can use it to identify developing structure, validate internal shifts, and anticipate breakout continuation or rejection. It is particularly useful for Smart Money Concept (SMC) traders, swing traders, and those looking to refine entries and exits based on price structure rather than lagging indicators.
Visual clarity, adaptable timeframe logic, and precise structural event detection make this tool a valuable addition to any price action trader’s toolkit.
Author: The_Forex_Steward
License: Mozilla Public License 2.0
The Fractal Pullback Market Structure indicator is a sophisticated price action tool designed to visualize internal structure shifts and break-of-structure (BoS) events with high accuracy. It leverages fractal pullback logic to identify market swing points and confirm whether a directional change has occurred.
This indicator detects swing highs and lows based on fractal behavior, drawing zigzag lines to connect these key pivot points. It classifies and labels each structural point as either a Higher High (HH), Higher Low (HL), Lower High (LH), or Lower Low (LL). Internal shifts are marked using triangle symbols on the chart, distinguishing bullish from bearish developments.
Break of Structure events are confirmed when price closes beyond the most recent swing high or low, and a horizontal line is drawn at the breakout level. This helps traders validate when a structural trend change is underway.
Users can configure the lookback period that defines the sensitivity of the pullback detection, as well as a timeframe multiplier to align the logic with higher timeframes such as 4H or Daily. There are visual customization settings for the zigzag lines and BoS markers, including color, width, and style (solid, dotted, or dashed).
Alerts are available for each key structural label—HH, HL, LH, LL—as well as for BoS events. These alerts are filtered through a selectable alert mode that separates signals by timeframe category: Low Timeframe (LTF), Medium Timeframe (MTF), and High Timeframe (HTF). Each mode allows the user to receive alerts only when relevant to their strategy.
This indicator excels in trend confirmation and reversal detection. Traders can use it to identify developing structure, validate internal shifts, and anticipate breakout continuation or rejection. It is particularly useful for Smart Money Concept (SMC) traders, swing traders, and those looking to refine entries and exits based on price structure rather than lagging indicators.
Visual clarity, adaptable timeframe logic, and precise structural event detection make this tool a valuable addition to any price action trader’s toolkit.
Notas de Lançamento
Updated alert triggersNotas de Lançamento
"Added automatic Fibonacci retracement lines and alerts to enhance structural confirmation. These serve as an additional layer of validation, especially in cases where internal shifts occur outside the optimal entry window."Notas de Lançamento
Fibonacci line width now matches zigzag width.Notas de Lançamento
BoS alert bug fixNotas de Lançamento
fibonacci line bug fixNotas de Lançamento
Bos alert fix and simplified line width inputsNotas de Lançamento
New alert addedNotas de Lançamento
Improved logic for plotting accuracyNotas de Lançamento
Updated pullback logic for consistencyNotas de Lançamento
bug fixNotas de Lançamento
Default input updatedNotas de Lançamento
Input removed due to inaccurate calculations- timeframe multiplier. HTF Support possibly coming soonScript de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
No verdadeiro espirito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam entendê-lo e verificá-lo. Parabéns ao autor Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações e regida pelas Regras da Casa.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.