Pure Price Action Structure Indicator MT5 – Free Download [TradingFinder] – MetaTrader 5 Resources

The pure price action structure indicator is a useful tool for analyzing market structure based on significant price movements.

It automatically identifies structural breaks and shifts in market structure and visualizes trend direction and potential price reversals on charts using the following tags:

• LT-BOS
• ST-BOS
• LT-MMS
• ST-MMS

Pure price action structure indicator table

The table below lists the specifications of pure price action structural indicators.

Overview of Pure Price Action Structural Indicators

The pure price action structure indicator automatically identifies key market swing points, including highs and lows.

By accurately analyzing price action near these levels, the tool can independently detect two core components of the structure:

Structural breaks (BOS) and characteristic changes (MSS) in long-term (LT) and short-term (ST) time scales. Therefore, this indicator visualizes precise buy/sell entry signals on the chart.

Indicators are in an upward trend

The chart below shows the Ethereum (ETH/USD) cryptocurrency on the 1-minute time frame. Initially, the price formed higher lows, indicating increasing buying pressure.

Then, when the price breaks above the previous high, the indicator automatically displays LT-BOS and ST-BOS signals for long-term and short-term breakout confirmation, thereby identifying valid buying opportunities.

Indicators are in a downward trend

The chart below shows the EUR/NZD forex pair on a 5-minute time frame. In a downtrend, price first makes lower highs and then breaks out of the previous low.

The indicator then automatically issues LT-BOS and ST-BOS signals to confirm structural breakouts in both the long-term and short-term frameworks.

This setup highlights suitable sell entry areas.

Pure price action structure indicator setup

The image below shows the pure price action structure indicator in settings panel MetaTrader 5:

• LONG-TERM PERIOD : Displays long-term periods
• SHORT-TERM PERIOD : Displays short-term periods
• DISPLAY SHORT TERM : Display short-term structure
• DISPLAY LABELS : Show labels
• ALERT : Enable alerts
• EMAIL : Send alerts via email
• NOTIFICATION : push notification
• SIGNAL TIMEOUT : signal validity period
• BULLISH COLOR : Bullish signal color
• BEARISH COLOR : Bearish signal color
• HISTORY LIMIT : Display the limit of historical data.

Conclusion

The Pure Price Action Structure Indicator provides detailed analysis of trends and price reversals by automatically identifying key market swing points and detecting market structures.

By applying BOS and MSS concepts and labeling signals as "LT" and "ST", this trading tool can accurately identify entry and exit areas based on the effective structural levels.