MSS Indicator

Description:

I would like to request the addition of the Market Structure Shift (MSS) indicator to the Forex replay tool. This indicator is vital for traders focusing on trend changes based on price action.

Details:

• MSS Indicator: Functionality: Identifies when a previous trend ends and a potential new trend begins. It marks when the price moves beyond a previous high or low in a counter-trend direction. Visual Representation: Should use graphical markers or lines to show where a change of market character occurs.

• Benefits: Better Trend Analysis: Helps traders detect when the market might be shifting its structure, useful for strategy backtesting in replay mode. Educational Insight: Assists in teaching traders about market dynamics and structure changes.

References: MSS is discussed widely in trading communities; similar implementations can be found on platforms like TradingView for reference.