OPEN-SOURCE SCRIPT

Multi-Timeframe BOS / CHoCH

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What it does: Shows a table with the market structure — Bullish/Bearish trend, plus the last BOS or CHoCH event — for 5min, 15min, 1H, 4H, and Daily all at once, plus a confluence row.

How it decides: Uses swing highs/lows (pivots). A close beyond the last swing point in the trend's direction = BOS (continuation). A close beyond it against the trend = CHoCH (potential reversal) and flips the trend.

Use case: Quick multi-timeframe structure check — e.g., confirm 1H/4H are still bullish (no CHoCH) before taking a lower-timeframe long.

Pernyataan Penyangkalan

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