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Market Structure (Swings + BOS)

Price Action price-action structure swing bos market-structure mql5

Adaptive swing detection with ATR-derived depth + bias tracking and confirmed Break of Structure flips (HH/HL/LL/LH). Foundation for geometric PA patterns (Flags, H&S) and S/R monitoring from the MQL5 lynnchris toolkit (Part 21).

Usage

Use .ta.market_structure() or the Rust struct for rich PA events. Bias and flips feed position sizing, regime filters, and confluence with ML features / Ehlers regimes. Emit as Struct for backtester consumption.

Background

Not Ehlers DSP; classical PA structure from MQL5 series. See Part 21 for ATR-adaptive depth swings and confirmed flips only after bias (avoids premature signals).

Parameters

  • swing_strength (default: 3): Bar window radius for local extremum (depth). Part 21 derives this from ATR*mult; fixed here for streaming parity + immediate use (see source Flip_Detector.mq5:150).

Formula

\text{depth} = \max(1, \lfloor \text{ATR} \times \text{mult} \times \text{loosen} / \text{point} \rfloor) \text{IsSwingHigh}(shift, depth) = \forall i \in [shift-depth, shift+depth], i \ne shift: High_i \le High_{shift}

Source