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Pure Price Action Structures

By LuxAlgoJul 11, 2024

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Pure Price Action Structures turns raw candles into labeled swing structure: swing highs and lows are detected at short-term, intermediate-term, and long-term rank, and the structural events they produce are marked in real time. Detection uses price patterns only (no lengths, no sensitivity inputs), so the analysis stays objective and reads identically for everyone on the same chart.

How to Trade the Pure Price Action Structures?

  • MSS / CHoCH labels: a market structure shift against the prevailing trend flags a possible change in sentiment.
  • BOS labels: a break of structure beyond the prior swing signals the trend pressing on.
  • Swing rank: long-term swings frame the broader trend, while short-term swings refine entries and exits inside it.
  • Levels from swings: swing highs serve as resistance and swing lows as support, anchors for stops and targets near likely zones of resting orders.

Swings confirm with a slight natural delay, so treat labels as structural bookkeeping rather than instant triggers, and remember that a shift or break can also resolve into a liquidity zone or consolidation instead of a clean turn.

Pure Price Action Structures Settings

  • Swings and Size: visibility and size of the swing high/low icons.
  • Market Structures: toggles the structure lines for a cleaner or more detailed chart.
  • Market Structure Labels: shows or hides the structure tags.
  • Line Style and Width, colors: appearance controls for structure lines and swing marks.

Frequently Asked Questions

Free on Vela

Run it on Vela. Go further with a paid plan.

  • Up to 500 strategy alerts, with webhook automation
  • Up to 10× the chart history of Free
  • Orderflow lookback up to full history
  • Up to 100,000 monthly credits for Quant to customize it
  • Futures data alongside crypto, stocks, forex and commodities
See plans

Also works on

TradingView
NinjaTrader
MetaTrader 4/5
Original indicatorBuilt in-house by LuxAlgo

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