Overview
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A specialized MT4 indicator designed for ICT and Smart Money Concepts (SMC) traders.
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Automatically identifies Break of Structure (BOS) and Change of Character (CHOCH) points.
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Plots both major and minor structure shifts directly on the chart.
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Uses color-coded labels to help traders quickly interpret price behavior and trend transitions.
Core Functionality
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Detects structural breakouts such as HH, HL, LL, LH levels.
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Identifies market character shifts that signal potential trend reversals.
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Marks each BOS and CHOCH with unique colors for improved clarity.
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Helps visualize both primary (major) and secondary (minor) market structure.
Market Structure Analysis
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Primary Uptrend Structure:
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Primary Downtrend Structure:
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Character Change (CHOCH):
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Occurs when the price breaks the low/high that caused the prior breakout.
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Indicates potential reversal and trend transition.
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Core concept in Smart Money analysis.
Major & Minor Structure
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Major BOS: Significant breaks in primary structure.
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Major CHOCH: Breaks of key swing levels indicating trend reversal.
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Minor BOS: Small structure shifts within the larger trend.
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Minor CHOCH: Minor reversal points inside the primary structure.
Color Coding
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Red: Major CHOCH
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Pink: Minor CHOCH
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Turquoise: Major BOS
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Blue: Minor BOS
This visual system helps traders instantly differentiate dominant vs. internal structure.
Indicator Classification
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Categories: ICT, Smart Money, Cycles
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Types: Leading, Breakout, Reversal
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Platform: MT4
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Timeframes: Multi-Timeframe
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Styles: Day Trading, Intraday, Scalping
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Markets: Forex, Indices, Crypto
Key Benefits
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Automatically maps market structure with precision.
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Reduces manual chart marking and analysis time.
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Perfect for ICT, SMC, and price action strategists.
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Helps confirm both major and minor trend changes.
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Enhances clarity for identifying reversals and continuation patterns.
Risk Disclaimer
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Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.
Always remember
my 3R Rule
: If the money
is yours then, risk
, reward
and regret
are solely yours. 
