Higher Timeframe Market Structure

HTF Market Structure – ZigZag, Break of Structure & Supply/Demand

This powerful indicator is designed to identify higher-timeframe market structure using a combination of ZigZag patterns, Break of Structure (BOS) signals, and Supply/Demand zones.

Key Features:

Automatic detection of Higher Highs (HH), Higher Lows (HL), Lower Lows (LL), and Lower Highs (LH)
Internal structure shifts based on Open or High/Low logic
Supply and Demand zones plotted on the chart
Break of Structure (BOS) lines with optional alerts
Mitigation logic to mark or delete invalidated order blocks
Customizable aggregation factor to view higher time frame structure on lower time frames

How to Use:

Focus on market structure and BOS to understand the current trend.
Watch for internal shifts as early signals of potential reversals.
Use ZigZag lines to connect swing highs and lows to visualize market rhythm.
Supply zones (red) and Demand zones (green) are automatically drawn after structure breaks:
- Use Demand Zones in Bullish Markets for the highest probability entries.
- Use Supply Zones in Bearish Markets to align with the prevailing trend.

Best Practices:

Only use Demand Zones in Bullish markets and Supply Zones in Bearish markets for optimal results.
Look for price action or reversal signals within these zones to refine your entries.
Enable alerts to get notified on:
- New order blocks
- Internal shifts
- BOS events
- HH, HL, LL, LH formations
- Liquidity sweeps

Customization Options:

Aggregation Factor: Control how many candles are grouped for structure analysis.
Zone Duration: Define how length of plotted zones.
Mitigation Settings: Automatically delete or fade zones after mitigation.
Colors: Choose custom colors for bullish and bearish zones and structure markers.

This tool is ideal for traders who rely on price action, structure, and smart money concepts. Combine it with your own S&D strategy or integrate it with other confluence tools for even better precision.

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Updated vocab in input

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Alerts updated to reflect correct vocabulary

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Internal shift calculation logic updated for accuracy on lower-fractal timeframes

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Input vocabulary updated

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Added "any alert() function call"

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Darker internal shift triangles for visual clarity

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Alert fix

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Zone invalidation updated- no invalidation until Aggregated value closes beyond zone

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Alert conditions updated

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Line color, width and style are now modifiable.

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Max buffer offset input added- if historical offset exceeds max and you get an error, use this and set to max buffer shown in error message

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Updated limiter default

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Uses Higher timeframes directly instead of aggregated bars

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max history offset true by default

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HtfBarIndex variable added for closing accuracy

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Bug fixes and visual improvements

Skrip open-source

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

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Pernyataan Penyangkalan

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Skrip open-source

The_Forex_Steward