OPEN-SOURCE SCRIPT

BOS + FVG Retest Signals

4 224
How it works:
Break of Structure (BOS): Uses pivots (configurable Pivot Length) to find highs and lows. A close above a previous pivot high triggers a Bullish BOS (uptrend), and a close below a pivot low triggers a Bearish BOS (downtrend).
Fair Value Gaps (FVG): When an FVG forms in the direction of the current trend (Bullish FVG during an uptrend, Bearish FVG during a downtrend), it plots a colored box extending to the right.
Retest & Rejection:
For buy signals: Price must dip into the bullish FVG (Low <= FVG Top and Close > FVG Bottom), and the candlestick's lower wick must be larger than its body based on a Wick vs Body Multiplier (default is 1.5).
For sell signals: Price must retest the bearish FVG (High >= FVG Bottom and Close < FVG Top), with an upper wick larger than the body.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.