Structure Break Engine

About this indicator

Structure is the one thing almost every discretionary method agrees on, and almost nobody draws the same way twice. This runs two independent pivot scales at the same time: a fast internal read and a slow swing read. You can watch a pullback break internal structure without mistaking it for a trend change, which is the mistake that costs most people the trade. Every break is drawn from the swing that created it to the bar that took it out, and labelled BOS when it continues the trend or CHoCH when it turns. The range between the last confirmed high and low is shaded with equilibrium marked, so premium and discount are obvious without measuring anything. Pivots need their lookback to close before they confirm, so they appear a few bars after the fact. That is honest lag, not a bug: an indicator that showed them instantly would be reading bars that have not happened yet.

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