ChanLun Ultimate Structure: MT4 Market Structure Indicator with Smart Money Precision

This ChanLun Ultimate Structure review for 2025 includes a detailed performance analysis and practical examination of trading results across representative pairs. The review compares backtested metrics and live account outcomes to quantify win rate, average trade duration, and equity curve behavior. The analysis focuses on how the indicator identifies high-probability entries via Pen, Segment, and Wave layers and how those signals translate into measurable results and risk-adjusted returns. What makes ChanLun Ultimate Structure unique is its hybrid approach: traditional ChanLun Theory principles (Bi, Duan, Zhongshu) are combined with modern Smart Money Concepts to produce visual zones and explicit invalidation levels. The algorithm computes structure by detecting swing pivots, grouping segments into trend or range states, and overlaying an adaptive Fibonacci projector to reveal optimal trade entry zones. The indicator is optimized for FX majors and higher-liquidity CFDs where structure is clearer and slippage is low. In practice the system handles trending and corrective market conditions best, giving clear entries on retracements inside an identified bias. Risk management is built into signal logic with user-adjustable stop placement tied to structure invalidation and a suggested position sizing routine based on percent risk per trade. Expected performance characteristics include moderate trade frequency, a target win rate in the low 60s under tested parameters, and typical drawdowns of 6–12% on properly sized accounts. The indicator integrates with MT4 and can be combined with broker-specific execution rules to produce consistent, measurable results over time.