What it does
This complete momentum-driven market structure indicator combines:
- Real-time momentum pivot detection (Stochastic or Smoothed RSI)
- Automatic Dow Theory labelling (HH/HL/LH/LL) on every momentum pivot
- Full BOS and CHoCH structure with lines and break labels
- Optional Implied Pivots (IL/IH) created retroactively between same-direction real pivots
- Support & resistance zones drawn from every real and implied pivot
- Two S/R modes: Adaptive (zones merge, resize, and change strength with price/volume interaction) or Simple (fixed zones that deactivate on close-through)
- Bounce and Rejection signals from the zones with optional market-structure and candle-trend filters
- Background bias colouring (choose Dow, CHoCH, or none)
- Major and optional Implied zigzag overlays
- ATR-based stop-loss and risk-reward take-profit lines
- Clean oscillator pane showing exactly the momentum source that drives the structure
Why it’s great
It gives you a single, coherent institutional-style framework instead of half a dozen separate indicators. Real pivots, BOS breaks and CHoCH flips show structure. Adaptive zones keep the chart clean over long periods – strong zones stay strong, violated zones weaken or get trimmed. Everything is highly configurable yet the defaults work well on any market and timeframe.
How to get it
This is a paid indicator available exclusively to subscribers of the Beyond Market Structure Pro Suite.
Limitations
All structure and signals are unconfirmed until the bar that creates them closes. This is normal. Also, the structure is confirmed some bars after it happens. This is also normal, and the same as all other structure indicators. This indicator does not repaint in the sense people worry about, in that once a bar closes, whatever structure or signals developed remain and are not changed in the future. The exception to this is the Zigzag, which will update to attach to new pivots. This is also fairly normal, for zigzags.
How to use it
Choose your bias source in “Background Bias” (CHoCH is the default and most “SMC” style). Pick the momentum that drives structure – Stochastic (clean) or Smoothed RSI (less reactive). Decide on S/R mode – try Simple first, and if you find yourself noticing that previous levels would have continued to influence price, enable Adaptive. Start with Implied Pivots, and if later you want fewer pivots, disable it.
Try both zigzags if you need visual help to identify structure; later you might find you don’t need them.
If you don’t have any other system to take trades with yet (and market structure is really best as a regime filter and to mark out interesting levels), turn Bounce/Rejection signals on and use the filters (market-structure bias gating and candle-trend confirmation) to reduce noise. Optional: display the ATR stop-loss and corresponding take-profit lines for quick risk-reward visualisation.
Settings
All settings are self-documenting with tooltips. I put the most important ones at the top of the dialogue.
Credits
❤️ I’d like to thank my humble trading mentor, whose brilliant ideas inspire me to garble out code. Thanks are also due to Timeframe_Titans for guidance on the finer points of market structure (all mistakes and distortions are my own), and to NJPorthos for feedback and encouragement during the months in the wilderness.
Support and questions
For any questions about using this indicator, or to report a bug, please leave a comment on the script page on TradingView rather than sending a direct message. This way I won’t drop messages, and I can answer common questions just once. To request a trial, send me your TradingView username in the contact form.