OPEN-SOURCE SCRIPT

The Curved Market Structure [BigBeluga]

Curved Market Structure [BigBeluga]

The Curved Market Structure indicator offers an innovative twist on traditional market structure tools by using curved lines instead of horizontal ones, enabling faster breakout detection for traders.

🔵Key Features:
  • Curved Market Structure Levels: The indicator identifies high and low pivots and plots curved lines connecting these points, adapting to market dynamics and providing a more intuitive view of potential breakout zones.
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  • Breakout Detection: Breakouts above or below the curved levels are marked with triangle symbols (▲ or ▼), making it easy to spot critical price movements.
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  • Dynamic Target Levels: After a breakout, the indicator plots three target levels, which serve as potential price objectives. Each target is marked with a number and a star (e.g., 1★) upon being reached.
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  • Customizable Line Length and Angle: Users can adjust the length and angle of the curved lines to fit their trading style and timeframe, making the tool versatile and adaptable.
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  • Market Structure Trend Filtering: To maintain a clean chart, the indicator plots curved levels only from high pivots during uptrends and low pivots during downtrends.
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🔵How It Works:
  • The indicator identifies high and low pivots using user-defined parameters (left and right bars).
  • Curved lines are drawn from these pivot points, showing the structure of the market and potential breakout zones.
  • When a breakout occurs, the indicator highlights the direction with triangle symbols and dynamically plots three price targets.
  • Upon reaching these targets, the level is marked with its respective number and a star, helping traders track price progression effectively.
  • The lines and targets are adjusted based on market conditions, ensuring real-time relevance and accuracy.


🔵Use Cases:
  • Spotting key breakout zones to identify entry and exit points more effectively.
  • Setting dynamic target levels for take-profit or stop-loss planning.
  • Filtering market noise and maintaining a cleaner chart while analyzing trends.
  • Enhancing traditional market structure analysis with an intuitive curved visualization.


This indicator is ideal for traders who want a modern, dynamic, and visually appealing way to track market structure and breakouts while maintaining chart clarity.
breakoutsbreakoutsignalbreakouttradingChart patternsmarketstructurePivot points and levelssignalstargetsTrend Analysis

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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