Market Structure ICT Screener [TradingFinder] BoS ChoCh

🔵Introduction

Market Structure is the foundation of every Smart Money and ICT based trading model. It describes how price moves through a sequence of highs and lows, forming clear phases of expansion, retracement and reversal. Understanding this structure allows traders to read institutional order flow and align their positions with the true direction of liquidity.

Two of the most critical components in Market Structure are the Break of Structure (BOS) and Change of Character (CHOCH). A BOS represents trend continuation, confirming strength within the current direction. In contrast, CHOCH also known as a Market Structure Shift (MSS) signals the first sign of a trend reversal or liquidity shift where order flow begins to change from bullish to bearish or vice versa.

Because the market is fractal, structure can exist at multiple levels known as Major (External) and Minor (Internal). Major structure defines the overall trend on higher timeframes while minor or internal structure reveals short term swings and early reversals within that larger move.



🔵How to Use

Understanding Market Structure starts with identifying how price interacts with previous swing highs and swing lows. Every trend in the market, whether bullish or bearish, is built from a sequence of impulsive and corrective moves. Impulsive legs show strong displacement in the direction of liquidity flow, while corrective legs represent temporary pullbacks as the market rebalances before the next expansion. Recognizing these sequences is essential for reading the story of price and anticipating what may happen next.

A Break of Structure (BOS) occurs when price decisively moves beyond a previous structural point by breaking above the last high in an uptrend or falling below the last low in a downtrend. This event confirms that the current trend remains intact and that liquidity has been successfully taken from one side of the market. A BOS acts as confirmation of continuation and reflects strength within the existing directional bias.

A Change of Character (CHOCH) appears when price violates structure in the opposite direction of the prevailing trend. This is the first signal that market sentiment and order flow may be shifting. For example, during a downtrend if price breaks above a previous high, it indicates that sellers are losing control and a potential bullish reversal may be developing. In an uptrend, when price drops below a recent low, it suggests a possible bearish transition.



Because the market is fractal, structure exists across multiple layers. Major structure reflects the dominant movement visible on higher timeframes and defines the broader directional bias. Minor or internal structure represents smaller swings within that move and helps identify early transitions before they appear on the higher timeframe. When internal and external structures align, they offer a high probability signal for trend continuation or reversal.

By observing BOS and CHOCH across both internal and external structures, traders can clearly visualize when the market is expanding, contracting or preparing to shift direction. This structured understanding of price movement forms the foundation for precise trend analysis and high quality decision making in any Smart Money or ICT based trading approach.



🔵Settings

🟣Display Settings

Table on Chart: Allows users to choose the position of the signal dashboard either directly on the chart or below it, depending on their layout preference.





Number of Symbols: Enables users to control how many symbols are displayed in the screener table, from 10 to 20, adjustable in increments of 2 symbols for flexible screening depth.

Table Mode: This setting offers two layout styles for the signal table:

• Basic: Mode displays symbols in a single column, using more vertical space.
  
• Extended: Mode arranges symbols in pairs side-by-side, optimizing screen space with a more compact view.
  

Table Size: Lets you adjust the table’s visual size with options such as: auto, tiny, small, normal, large, huge.

Table Position: Sets the screen location of the table. Choose from 9 possible positions, combining vertical (top, middle, bottom) and horizontal (left, center, right) alignments.

🟣Symbol Settings

Each of the 20 symbol slots comes with a full set of customizable parameters:

• Symbol: Define or select the asset (e.g., XAUUSD, BTCUSD, EURUSD, etc.).
  
• Timeframe: Set your desired timeframe for each symbol (e.g., 15, 60, 240, 1D).
  
• Pivot Period: Set the length used to detect swing highs and lows. Shorter values increase sensitivity, longer ones focus on major structures.
  

🔵Conclusion

Mastering Market Structure and understanding the relationship between BOS and CHOCH allows traders to see the market with greater clarity and confidence. These two elements reveal how liquidity moves through different phases of expansion and retracement and how institutional order flow shifts between accumulation and distribution.

By analyzing both internal and external structures, traders can align short term and long term perspectives and anticipate where price is most likely to react. The ability to read these structural shifts helps identify continuation points, reversals and areas where liquidity is engineered or collected.

Incorporating Market Structure into a consistent trading process transforms the way a trader views the chart. Instead of reacting to random movements, each swing, break and shift becomes part of a logical framework that reflects the true behavior of the market. Understanding BOS and CHOCH is not just a concept but a complete language of price that guides every professional decision in Smart Money and ICT based trading.