Live Chart Example
SteelyKerze In Action
Real chart screenshot showing the indicator in a live NinjaTrader 8 session.
Kerze maps market structure directly onto the chart — labeling every swing as HH, HL, LH, or LL, and marking change-of-character (CHoCH) and break-of-structure (BOS) the moment a candle body confirms them. It is the structural skeleton of price, drawn the same way every session, so the trend and its turning points are visible at a glance instead of left to the eye. The body-close rule underneath keeps it clean: wicks through a level don't count, so the labels don't repaint on noise.
Real chart screenshot showing the indicator in a live NinjaTrader 8 session.
The reason Kerze belongs on every chart: it puts the language of market structure directly on the bars, so the trend, its pullbacks, and its turning points read the same way for everyone looking at it.
Every label is confirmed by a two-bar swing and fixed to the candle body close. The same chart reads the same way, every session.
Most structure tools redraw on wicks, repaint on the close, or leave the read to the trader's eye. Kerze fixes structure to one rule — the candle body close — and walks each leg through a defined state machine.
Flags a break the moment a wick pierces the prior swing — then takes it back on the close.
Leaves bias to interpretation, so two traders read the same chart differently.
Treats every poke past a level as a structure event, with no transition state in between.
If your structure read changes every time you look at it — this is the rule set that holds it still.
Kerze tracks a single structural state at a time and only moves between states when a body close confirms the move. The pending-reversal transition is treated as no-trade until the change is confirmed or cancelled.
Break-of-structure continuation, change-of-character transition, and a three-step reversal path — all fixed to the body close. The state machine is the product.
Market structure is the sequence of higher highs and lows, or lower highs and lows, that defines which way a market is leaning. The hard part is deciding what actually counts as a break.
Kerze answers that with one rule: the candle body close. A wick through a prior swing is not a break. Only when a body closes beyond the protected level does the structure state change — first into a transition, then, if the move follows through, into a confirmed reversal.
The result is a structural read that holds still. The trend state, the protected level, and the most recent break-of-structure and change-of-character points are drawn on the chart and mirrored in a movable HUD, with an optional news blocker that suppresses marks around scheduled releases.
Important Notice: This indicator is an educational and informational market-analysis tool. Its structure states, labels, and any visual output are analytical aids that describe price behavior under a fixed rule set; they are not financial advice, trading recommendations, or a solicitation to buy or sell any instrument. Whether, when, and how to act on any structure read is solely the user's decision. Past behavior of any analytical method is not indicative of future results.
Every output traces back to a body-close rule. Nothing repaints on a wick, and nothing is left to interpretation.
Built for the trader who wants one consistent definition of structure to anchor everything else on the chart.
HH, HL, LH, and LL on every swing, with CHoCH and BOS at the turns — the trend and its structure are readable at a glance on any instrument or timeframe.
A change of character moves the chart into a marked no-trade transition state, so a pending reversal is visible as pending — not yet confirmed.
The structure state and protected level give a consistent context layer to sit underneath setups, levels, and momentum tools elsewhere in the workspace.
Important Notice: SteelyKerze is an educational and informational charting tool. Its structure states, labels, and any signal output are analytical in nature — they describe price behavior under a fixed, mechanical rule set and do not constitute financial advice, trading recommendations, or a solicitation to buy or sell any instrument. All trading decisions are made solely by the user. Past performance of any analytical method is not indicative of future results.
SteelyKerze reads market structure through one mechanical rule — the candle body close — and walks each leg through a visible state machine of break-of-structure, change-of-character, and confirmed reversal. One consistent definition of a break, on the chart and in the HUD.