Market Structure Indicator – FX Replay Guide
To use the Market Structure Indicator on FX Replay, simply open the indicators menu within the chart and activate it. This tool helps you clearly see short-term and intermediate-term swing highs and lows, which is essential for reading market direction and planning entries and exits.
How It Works:
1. Accessing the Indicator
- Find it in FX Replay’s built-in indicator library — part of our 23+ custom tools designed to help traders analyze market conditions in replay mode.
2. Swing Identification
- Green Arrows: Highlight short-term swing highs/lows.
- Yellow Arrows: Overlay green arrows to mark intermediate-term swings.
- These points are based on a three-candle formation to determine valid structure.
3. Trading Application
- Use this indicator to determine trend bias:
- Lower highs forming = possible downtrend.
- Higher lows forming = possible uptrend.
- Pair this with FX Replay’s position sizing and risk management tools to execute calculated trades.
4. Backtesting Insight
- Use Replay Mode to test strategies based on market structure:
- Analyze how swing levels behaved historically.
- Combine with other indicators like Order Blocks or Fair Value Gaps.
- Optimize your strategy across different market conditions.