Market Structure Pro + (@JP7FX)

Market Structure Pro Plus (JP7FX)

Market Structure Pro Plus identifies swing highs and swing lows using a three candle confirmation method. It highlights liquidity behaviour and market structure shifts without manual marking.

Swing Point Detection
The indicator marks swing highs and lows when the middle candle in a three candle sequence forms the highest high or lowest low.
This approach reacts to local price behaviour and does not rely on a large lookback period.

Liquidity Grab Signals
The indicator highlights when price trades beyond a previous swing high or swing low and then returns.
These events help users review how liquidity is taken around prior highs and lows.

Break of Structure Signals
The indicator marks a break of structure when a candle closes beyond a previous swing point.
Bullish structure change signals occur when price closes above a prior swing high.
Bearish structure change signals occur when price closes below a prior swing low.

Deviation Stats and Projections
The script tracks how far price extends beyond the last confirmed swing high or swing low, in pips, after liquidity is taken.
It keeps a rolling history of these extensions and calculates an average combined extension for recent moves.
This average is shown in a small stats table as “Avg SD High/Low”.
Using this value, the indicator projects two reference levels from the latest confirmed swing:
• a “Deviation High” line projected from the last swing high
• a “Deviation Low” line projected from the last swing low
These projection lines are drawn as dotted levels with labels and can be used as reference zones based on recent extension behaviour.

Features
• Automatic swing high and swing low detection
• Liquidity grab marking
• Break of structure marking
• Deviation stats table with average extension value
• Projection lines for Deviation High and Deviation Low
• Alerts for liquidity grabs and structure changes
• Market type setting for forex, stock, crypto, commodity and futures
• Customisable colours, line styles and visibility options
• Works across all timeframes and assets

Use Cases
Useful for traders who study market structure, track trend shifts, or review liquidity and extension behaviour around highs and lows.
The indicator reduces manual chart work by highlighting swing points, structure changes and typical extension zones in real time.