TJR BOS (CHOCH) - Real time Swings

This script displays BOS using TJR-style logic.

Unlike traditional BOS indicators, the BOS shown here represents CHOCH (Change of Character).

A BOS prints when:

• Price closes ABOVE the previous swing high during a downtrend
• Price closes BELOW the previous swing low during an uptrend

Trend direction is determined using market structure:

• Uptrend → Higher Highs + Higher Lows
• Downtrend → Lower Highs + Lower Lows

The indicator continuously updates swing highs and lows in real time.

Release Notes

Bos Is choch, this represents the strategy that TJR uses,

This is not affiliated to TJR at all. In any way shape or form.

Release Notes

This content is not affiliated with, endorsed by, sponsored by, or associated with TJR in any way. It does not represent TJR, its brand, its teachings, or its official materials. Any references made are for educational or personal use only. This is an independent work and should not be interpreted as having any formal connection to TJR.

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.

marcelimac6

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

marcelimac6