Market Structure + OTE: Free TradingView Indicator (Pine Script)

Add It to Your TradingView Chart

1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Market Structure + OTE reads a 1-hour EMA stack for bias, waits for a close through the latest confirmed swing to mark a market structure shift, then draws the 0.62 to 0.79 Fibonacci optimal trade entry zone of that leg. A signal plots entry, stop, break-even and two target levels with a dot whose tooltip lists the checklist. Optional filters cover fair value gaps, order blocks, sweeps, killzones and ADX.

Higher-timeframe EMA trend bias
Market structure shift and OTE Fibonacci zone
Entry, stop, break-even and two target lines
Optional FVG, order block and sweep checks
Killzone and ADX chop filters

Details

Published by

jchi18 on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Indices

Timeframes

M1-M5, M15-H1

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

File

MS_OTE.pine

Repository

github.com/jchi18/ote-tradingview. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
REQUIRE HTF trend alignment	`bool`	`true`	`reqTrend`
Trend timeframe	`timeframe`	`60`	`htfRes`
Fast EMA	`int`	`50`	`emaFastLen`
Slow EMA	`int`	`100`	`emaSlowLen`
Swing pivot strength (bars each side)	`int`	`4`	`piv`
Pullback must arrive within N bars of the MSS	`int`	`15`	`maxWait`
OTE entry level	`float`	`0.79`	`oteFib`
Draw the OTE zone (0.62-0.79)	`bool`	`true`	`showZone`
ATR length	`int`	`14`	`atrLen`
Stop buffer beyond leg origin (ATR x)	`float`	`0.15`	`stopBuf`
Filter out setups below a minimum R:R	`bool`	`true`	`useMinRR`
Minimum R:R	`float`	`2.0`	`minRR`

Show all 40 settings

Setting	Type	Default	Variable
TP2 (final) mode	`string`	`Fixed R:R`	`tp2Mode`
TP2 fixed R:R (Fixed mode)	`float`	`2.5`	`targetRR`
Opposing-liquidity lookback (Liquidity mode)	`int`	`40`	`targetLook`
TP1 R:R (first partial)	`float`	`1.0`	`tp1RR`
Move stop to break-even after TP1	`bool`	`true`	`moveBE`
Detect FVG / Order Block inside the OTE zone	`bool`	`true`	`usePD`
REQUIRE an FVG or OB in the OTE zone (top-tier only)	`bool`	`false`	`reqPD`
R:R premium for a confluence (tooltip info)	`float`	`3.0`	`rrPremium`
Fresh-pullback window (bars, tooltip info)	`int`	`8`	`freshBars`
Mark a liquidity sweep at the leg origin	`bool`	`false`	`useSweep`
...and REQUIRE it (not recommended)	`bool`	`false`	`reqSweep`
Sweep swing lookback (bars)	`int`	`20`	`sweepLook`
REQUIRE London/NY killzone	`bool`	`false`	`reqSess`
London killzone	`session`	`0200-0500`	`londonSess`
New York killzone	`session`	`0700-1000`	`nySess`
Session timezone	`string`	`America/New_York`	`sessTz`
REQUIRE no-chop (ADX)	`bool`	`false`	`reqChop`
ADX length	`int`	`14`	`adxLen`
ADX smoothing	`int`	`14`	`adxSmooth`
Minimum ADX (not choppy)	`float`	`20`	`adxMin`
Account ($)	`float`	`50000`	`acct`
Risk per trade (%)	`float`	`1.0`	`riskPct`
$ per point (MNQ=2, NQ=20, MES=5, ES=50)	`float`	`2.0`	`pointVal`
Signal dot (green=buy, red=sell)	`bool`	`true`	`showDot`
Grade label (A / A+)	`bool`	`true`	`showGrade`
Entry/Stop/BE/TP1/TP2 lines (latest signal)	`bool`	`true`	`showLines`
Mark the MSS break	`bool`	`true`	`showStruct`
Info panel	`bool`	`true`	`showPanel`

Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

Similar Pine Scripts

ICT Equal Highs and Lows with Screener

by ArunKBhaskar

575

This indicator detects equal highs and lows by comparing prices within user-defined left and right bars using a tolerance percentage. It plots horizontal lines on the price chart for equal highs in one color and lows in another. A screener allows input of mult

Indicator v5 Support & resistanceTrend

Updated 1 year ago · MPL-2.0

[RS]ZigZag Percent Reversal - Forecast - patterns - labels

by ricardosantos79

261

This Pine Script indicator plots a ZigZag on the price chart. It identifies reversal points when price moves more than a set percentage from the last pivot. The script calculates forecasts using zigzag data and labels detected geometric patterns including harm

Indicator v4 TrendSupport & resistance

Updated 4 years ago · None stated

Market Structure - BOS & CHoCH

by TradersPost

218

This indicator plots market structure on the price chart by identifying swing highs and lows. It connects these points with lines to visualize trend direction and detect Break of Structure (BOS) when price breaks a prior swing in the current trend. Change of C

Indicator v6 TrendSupport & resistance

Updated 3 months ago · None stated

Open Source Fractal

by cantolab

183

This indicator implements the Fractal Model concept to plot market structure shifts, liquidity sweeps, and Change in State of Delivery (CISD) levels. It overlays custom higher-timeframe candle previews, open prices, and time markers directly on the price chart

Indicator v6 SMC / ICT / price actionSupport & resistance

Updated 2 months ago · MIT

BigBeluga - Smart Money Concepts

by iamc1oud

56

BigBeluga Smart Money Concepts identifies and overlays market structure and volumetric order blocks directly on the price chart. It analyzes market swings, trend sweeps, and mapping structure using customizable pivot lengths and calculation modes. The indicato

Indicator v5 SMC / ICT / price actionSupport & resistance

Updated 2 months ago · None stated

Apex Trend & Liquidity Master

by Ahmed-GoCode

53

Apex Trend & Liquidity Master calculates a trend cloud using customizable moving averages expanded by a volatility multiplier directly on the main price chart. It identifies dynamic support and resistance liquidity zones from swing high and low pivots, extendi