Market Structure

🏗️ Market Structure Indicator for TradingView (Pine Script v6)
Overview:

The Market Structure indicator is a robust tool for identifying swing highs and swing lows across multiple structural levels:

🟤 Short-Term Swings
🟠 Intermediate-Term Swings
🟢 Long-Term Swings

It helps traders visually interpret market structure by detecting confirmed pivot points and promoting them through a hierarchical system. This provides a clear picture of trend direction, breakouts, and reversals.

⚙️ Features and Functionality:
✅ Multi-level Swing Detection:
The indicator promotes confirmed swing points from short-term to intermediate and long-term levels using a structured algorithm.

✅ Full Customization:
Toggle visibility of each swing level independently.
Choose custom colors for short, intermediate, and long-term swings.
✅ Transparent and Commented Logic:
The code contains well-structured functions for identifying and confirming swing highs and lows.
Label arrays are used for precise control over swing detection and display.
✅ Detailed and Open Source Code:
Every function is thoroughly explained with inline comments.
Designed to be easy to understand, modify, and extend — perfect for learning or integrating into more advanced systems.

📜 Open and Documented Source Code
The script is entirely open-source, written in Pine Script v6, and includes full documentation inside the code itself. Key sections include:

🔧 Input settings and visual configuration
🧠 Swing detection and confirmation methods
🔁 Promotion logic between structure levels
📈 Real-time label drawing on each bar

Everything is fully accessible and explained — no obfuscation, no hidden logic.