What it does
The indicator marks up market structure in real time: the sequence of highs and lows (HH/HL/LH/LL), inducement points (IDM), change of character (CHoCH) and break of structure (BOS).
Also
- Order Blocks - the last impulse zone before a break
- FVG (imbalances) - unfilled price gaps
- Liquidity sweeps above and below extremes
Where it is used
It is the base layer for trading robots: EAs take direction and entry zones from this engine instead of recomputing structure.