Indicator TDU Market Structure / Smart Money

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Break of structure (BOS)​

The market structure is the big picture, it detects and shows the trend and detects any trend changes. Using a sophisticated algorithm it detects major swing hi's and lows and plots these on your chart. Trend changes, also known as Break of Structure (BOS) are marked on the chart when they occur.

Strong and Weak hi/lo's​

The indicator shows the last important swing high and low and whether it's a strong or weak one.
- A strong high occurs when a new low was formed after the high. If a high failed to make a new low then we consider it a weak high
- A strong low occurs when a new high was formed after the low. uf a low failed to make a new high then we consider it a weak high

Change of character (ChoCh)​

The market substructure is plotting the smaller trend within a bigger trend.

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