OPEN-SOURCE SCRIPT
Simple BOS/CHoCH Entry Signals
Buy signal
1. Bullish CHoCH or BOS occurs.
2. Trend is bullish.
3. Price closes above the previous swing high.
4. Plot a Buy arrow.
Sell signal
1. Bearish CHoCH or BOS occurs.
2. Trend is bearish.
3. Price closes below the previous swing low.
4. Plot a Sell arrow.
1. Bullish CHoCH or BOS occurs.
2. Trend is bullish.
3. Price closes above the previous swing high.
4. Plot a Buy arrow.
Sell signal
1. Bearish CHoCH or BOS occurs.
2. Trend is bearish.
3. Price closes below the previous swing low.
4. Plot a Sell arrow.
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.