Smart Scanners › Market structure
Structure break
A close beyond the last swing that had not yet been broken. Running with the prevailing bias it is a break of structure; against it, a change of character. Both are the same event seen against a bias, so this is one detector with the label in the payload.
What it looks like on a chart
A horizontal line at the swing level that was broken, drawn forward from the breaking bar.
| Timeframe | Bars of history it reads | Settings | Events, last 30 days |
|---|---|---|---|
| M15 | 240 | swing half-width n=20, break on the close | 503 |
| M30 | 240 | swing half-width n=20, break on the close | 257 |
| H1 | 240 | swing half-width n=20, break on the close | 126 |
| H4 | 240 | swing half-width n=20, break on the close | 26 |
| D1 | 240 | swing half-width n=20, break on the close | 3 |
Related scanners
- MSS the same break with three further conditions on it: a sweep, a body and a gap
- Order block the last opposite-close candle before that break, drawn as a zone
- Equal highs/lows two consecutive swings whose extremes sit at the same price
- Pullback depth how deep the correction inside that leg has gone