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Market Structure

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cmacdon View Drop Down
BullCharts Guru
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Joined: 09 Sep 2012
Location: Brisbane
Posts: 236
Post Options Post Options   Quote cmacdon Quote  Post ReplyReply Direct Link To This Post Posted: 11 Aug 2014 at 11:27am
BC User since June 2007
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cmacdon View Drop Down
BullCharts Guru
BullCharts Guru


Joined: 09 Sep 2012
Location: Brisbane
Posts: 236
Post Options Post Options   Quote cmacdon Quote  Post ReplyReply Direct Link To This Post Posted: 11 Aug 2014 at 11:26am

I had a request to show code for the text I was using on the chart in previous "Who is in charge of the market" post showing how to code the text for Higher Highs etc  That chart is based around a market Structure definition  I use.  You will probably use different definitions.

Here is an example of how I might code the text for market structure indicator.  For the example I am taking a previous Fractal indicator by Maximo from this forum  as a base case, and showing below how I might further adapt that code  to show more clearly a market structure on a chart.  I will post three charts:

 1 Original Fractal chart

2 A chart showing the replace points with +'ve and -'ve Market structure text.

3 A Colour coded  market structure.

Then the final code will be posted.

The code further below has  green comments showing each of the steps I added  to Maximo’s  (who did the hard part) original code.






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