Pure Price Action Structures Indicator MT5 – Free Download [TradingFinder]

The Pure Price Action Structures indicator is a practical tool for analyzing market structure based on significant price swings.

It automatically identifies structure breaks and market structure shifts, and visualizes trend direction and potential price reversals on the chart using the following labels:

• LT-BOS
• ST-BOS
• LT-MMS
• ST-MMS

Pure Price Action Structures Indicator Table

The table below presents the specifications of the Pure Price Action Structures indicator.

Pure Price Action Structures Indicator Overview

The Pure Price Action Structures indicator automatically identifies key market swing points, including highs and lows.

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

Break of Structure (BOS) and Change of Character (MSS) in both Long-Term (LT) and Short-Term (ST) timeframes. Accordingly, the indicator visualizes precise buy/sell entry signals on the chart.

Indicator in an Uptrend

The chart below shows the Ethereum (ETH/USD) cryptocurrency on the 1-minute timeframe. Initially, the price forms a higher low, indicating growing buying pressure.

Then, as the price breaks above the previous high, the indicator automatically displays LT-BOS and ST-BOS signals for long- and short-term break confirmations, thereby identifying a valid buy opportunity.

Indicator in a Downtrend

The following chart displays the EUR/NZD forex pair on a 5-minute timeframe. In a downtrend, the price first forms a lower high, followed by a break of the previous low.

The indicator then automatically issues LT-BOS and ST-BOS signals to confirm the structural break in extended- and short-term frames.

This setup highlights a suitable sell entry zone.

Pure Price Action Structures Indicator Settings

The image below shows the settings panel of the Pure Price Action Structures Indicator in MetaTrader 5:

• LONG-TERM PERIOD: Display Long-term period
• SHORT-TERM PERIOD: Display Short-term period
• DISPLAY SHORT TERM: Show short-term structure
• DISPLAY LABELS: Show labels
• ALERT: Enable alerts
• EMAIL: Send alerts via email
• NOTIFICATION: Push notifications
• SIGNAL TIMEOUT: Signal validity duration
• BULLISH COLOR: Bullish signal color
• BEARISH COLOR: Bearish signal color
• HISTORY LIMIT: Limit of historical data displayed.

Conclusion

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

This trading tool By applying BOS and MSS concepts and labeling signals as "LT" and "ST", it enables the identification of accurate entry and exit zones based on valid structure levels.