Trendlines
Automatically draws valid trendlines connecting swing highs and swing lows.
What it shows:
Descending trendlines connecting lower highs
Ascending trendlines connecting higher lows
Broken trendlines shown in a different style
Optional signals (X marks) where trendlines are broken
How to use it:
Lookback controls how far back the indicator searches for pivot points — higher values find more significant trendlines
Extend projects trendlines forward
Show Broken keeps broken trendlines visible in a different style (e.g., dashed) so you can see where breaks occurred
Max Broken limits how many broken trendlines stay on the chart
Mitigation — choose whether a trendline is broken by Close or by High/Low wick
Enable Show Signals to plot visual markers when a trendline is broken — useful for alerting
Market Structure Background Color
A subtle background color that reflects the current market bias.
Green background — Bullish structure (BOS to the upside has occurred)
Purple background — Bearish structure (BOS to the downside has occurred)
Enable/disable with the Show Market Structure Bg Color toggle. Useful for quick at-a-glance trend direction, Its great for filtering the trend following signals from the Aslan Signal Engine.
Displacement Candles
Displacement candles are abnormally large, high-momentum candles that signal a strong shift in market sentiment — often the candle that creates a Fair Value Gap.
What it shows:
Highlighted candles (color change) when a displacement occurs
Works on both bullish and bearish displacement
How to use it:
Set Displacement Type to measure either the candle body or the full candle including wicks
Displacement Strength (0–3) controls how aggressive the filter is — higher = rarer, stronger signals
Enable Structure Filter to only show displacement candles that occur near a BOS or MSS event — this dramatically improves signal quality
A displacement candle followed by a pullback into the FVG it created is one of the cleanest entry setups in SMC trading
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