OPEN-SOURCE SCRIPT
Multi-Timeframe BOS / CHoCH
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.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.