ForexLens

Floor 1: Structure

Structure Ladder

Structure Ladder is a timed labelling game. A simulated chart prints candle by candle, and each newly confirmed swing has to be named: higher high, higher low, lower high or lower low. It teaches you to name trend structure quickly and the same way every time, by comparing each swing with the previous swing of the same kind.

Create a free account to play

Free, with a verified email address. An account saves your progress, and floors and tiers open as you level up.

What it teaches

Naming trend structure quickly and consistently.

  • Comparing a swing high only with the previous swing high, and a swing low only with the previous swing low.
  • Seeing an uptrend as a run of higher highs and higher lows, and a downtrend as the mirror image.
  • Noticing the first label that does not fit the run, which is where market structure is said to be in question.
  • Staying accurate when the chart does not wait for you.

How a round plays

  1. The chart prints candle by candle. Each time a swing is confirmed, two candles after it, the swing is ringed with a question mark.
  2. Pick one of four labels before the timer bar runs out: HH, HL, LH or LL. Keys 1 to 4 work too. The clock only runs while a question is open.
  3. The answer is shown at once with the comparison that decided it, then the chart moves on to the next swing. No answer in time counts as a miss.
  4. When the chart is finished the Lens lays the whole ladder over the candles and marks where structure broke.
  5. A run is three moving charts and takes about three minutes. The time allowed per swing shortens as your level rises.

How it is graded

The rule here: each alternating swing is compared with the previous swing of the same kind, in whole display points. The first high and the first low have nothing to compare with, so they are shown, not asked. A label is right or wrong, with no partial credit.

The honest note

Labels describe what price has already done. A clean run of higher highs is a description of the past, not a forecast that the next one will follow.

The concepts behind it