How to Use the N Pattern Indicator by Boitoki on TradingView

 


Looking for an advanced pattern recognition tool on TradingView? The N Pattern Indicator by Boitoki could be your next edge in smart money trading. Here’s how to use it effectively.

📌 What is the N Pattern?

The N Pattern is a technical structure that reflects price manipulation and liquidity hunting—concepts rooted in Smart Money trading. It highlights areas where price makes a fake move (liquidity grab) before reversing in the true direction.

Traders often use the N Pattern to:

  • Identify market structure breaks
  • Spot entry zones with low risk
  • Align with institutional order flow

🧠 Who is Boitoki?

Boitoki is a well-known Pine Script developer and SMC-based trader who created custom indicators for TradingView, focusing on realistic and logic-based entries. The N Pattern Indicator is one of his most used tools.

⚙️ How to Install the N Pattern Indicator

  1. Log into your TradingView account
  2. Go to the chart window
  3. Click on “Indicators” and search: N Pattern Boitoki
  4. Select it from the public library (or invite-only, if applicable)
  5. The pattern will automatically highlight N-shaped structures on your chart

📊 How the N Pattern Works

The indicator scans for price swings that match the following structure:

  1. Initial impulse (leg A)
  2. Pullback (leg B)
  3. Break and continuation (leg C)

Once all three legs form, the indicator draws a highlighted box or label on the chart. Some versions also project a “retest zone” for potential entries.

🛠️ Customizable Settings

The Boitoki N Pattern comes with several parameters you can tweak:

  • Leg distance sensitivity: Adjust how sharp the N pattern must be
  • Timeframe filter: Limit signals to a specific chart TF
  • Label style & colors: Visual customization

🎯 Trading Strategy with N Pattern

You can use this pattern in various strategies:

  • Break-and-retest entries: Enter on retest after the pattern completes
  • Confluence zones: Combine N Pattern with FVG, order block, or support/resistance
  • Scalping: Use it on lower timeframes for quick intraday setups

📌 Example Setup

Imagine price forms an N Pattern on the 15m chart. Wait for a clear break above leg A, then look for a retest at leg B or a nearby order block. Use a tight stop below the low of leg B, and target previous highs (leg C projection).

⚠️ Tips & Warnings

  • Don’t rely solely on the N Pattern—always add confluence
  • Avoid low-volume markets where false patterns are frequent
  • Backtest on different pairs to find the most reliable assets

📌 Conclusion

The N Pattern Indicator by Boitoki offers powerful insights into price behavior and structure. When used with confirmation tools and sound risk management, it can provide exceptional trade opportunities for SMC-based strategies.

👉 Try it now on: TradingView and start identifying high-probability setups.


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How to Use the N Pattern Indicator by Boitoki on TradingView How to Use the N Pattern Indicator by Boitoki on TradingView Reviewed by Infinitytraderidea on January 13, 2025 Rating: 5