OPEN-SOURCE SCRIPT
GTS5.alvin - BOS/ChoCH
💥 Smart Market Structure • Break of Structure • Change of Character • Swing Intelligence
🚀 What This Indicator Does
The GTS5.alvin - BOS/ChoCH is a precision market structure tracker that automatically identifies:
📈 Higher Highs (HH) & Higher Lows (HL)
📉 Lower Highs (LH) & Lower Lows (LL)
⚡ Breaks of Structure (BOS)
🔄 Change of Character (ChoCH)
🧭 Real-time market bias shifts
📊 Key swing levels with automatic breakout detection
This is not a basic structure tool.
This is a clean, execution-grade market intelligence system designed to show you what price is actually doing — not what you think it’s doing.
🧬 Why This Indicator Hits Different
Most traders lose because they are:
Trading random highs/lows
Guessing trend direction
Entering before structure confirms
Reacting emotionally instead of structurally
This tool fixes that.
It builds a clean narrative of the market:
“Where is structure forming?”
“Where did it break?”
“Was that continuation… or reversal?”
Now you always know.
⚔️ Core Features
🧱 True Market Structure Detection
MUST use a 11-candle swing model (5 left / pivot / 5 right) to accurately define:
No noisy micro-swings. Only meaningful structure.
🔥 BOS & ChoCH Engine
Automatically distinguishes:
💥 BOS (Break of Structure) → continuation trend behavior
🔁 ChoCH (Change of Character) → potential reversal zones
Color-coded and labeled directly on chart for instant clarity.
🧭 Bias Tracking (Hidden Edge)
The script continuously tracks directional bias:
Bullish (1)
Bearish (-1)
Neutral (0)
This allows perfect classification of:
Trend continuation vs reversal breaks
LH/HL vs HH/LL behavior shifts
📊 Smart Swing Labels
Auto-labels:
HH / HL → bullish structure
LH / LL → bearish structure
Minimal chart clutter. Maximum meaning.
📍 Break Level Mapping
Every structural break includes:
Horizontal level projection
Mid-level BOS/ChoCH label
Break candle marker tag
You don’t just see the break —
you see exactly where it came from.
⚡ Wick or Close Break Logic
Choose how structure is validated:
Close-based confirmation (cleaner, stricter)
Wick-based detection (faster, aggressive)
Perfect for scalpers or swing traders.
🔔 Advanced Alert System
Built-in alerts for:
Bullish Breaks
Bearish Breaks
HH → BOS continuation events
LL → BOS continuation events
New Higher Highs
New Lower Lows
This turns your chart into a semi-automated signal radar.
🧠 How Traders Use It
📈 Trend Following
Wait for:
BOS in direction of bias
Then ride continuation after HH/HL confirmation
🔄 Reversal Detection
Look for:
ChoCH after strong HH/HL or LL/LH sequence
Bias flip + structure break alignment
⚡ Smart Entries
Combine:
Swing structure
Break levels
ChoCH confirmation
To enter with institutional-style timing instead of retail guessing
🧩 What Makes It Different From Other Structure Tools
Most indicators:
❌ Show messy swings
❌ Don’t distinguish BOS vs ChoCH properly
❌ Don’t track bias
❌ Overload charts with noise
This one:
✔ Clean structure logic
✔ Context-aware labeling
✔ Bias-driven classification
✔ Minimal but powerful visuals
✔ Designed for real execution decisions
🎯 Ideal For
Smart Money Concept traders (SMC)
Price action traders
ICT-style traders
Scalpers & intraday traders
Swing traders needing structure confirmation
⚡ Final Thought
If you don’t know where structure broke…
You’re not trading.
You’re guessing.
This indicator turns chaos into a readable market story:
Structure → Break → Confirmation → Bias → Opportunity
No noise. No confusion. Just clarity.
=======================
NOTE FROM THE CREATOR:
=======================
Combine this indicator with the GTS5.alvin - HMA Tracker 2.0 then use the following strategy to help better your trading edge:
If so, consider entering the trade with the momentum. (If the meter measures less than 50% then consider waiting for another setup.)
Take profit: Once expansion/strength meter falls back to 50% then consider exiting trade.
Stop Loss: Consider placing behind HH/LL market structure swing.
---------------------------------
Disclaimer: This is ONLY for educational purposes only! This indicator will NOT print you money. My success does NOT guarantee your success. I have EXTENSIVE EXPERTISE IN MARKET MANIPULATIONS! Use at your own discretion.
🚀 What This Indicator Does
The GTS5.alvin - BOS/ChoCH is a precision market structure tracker that automatically identifies:
📈 Higher Highs (HH) & Higher Lows (HL)
📉 Lower Highs (LH) & Lower Lows (LL)
⚡ Breaks of Structure (BOS)
🔄 Change of Character (ChoCH)
🧭 Real-time market bias shifts
📊 Key swing levels with automatic breakout detection
This is not a basic structure tool.
This is a clean, execution-grade market intelligence system designed to show you what price is actually doing — not what you think it’s doing.
🧬 Why This Indicator Hits Different
Most traders lose because they are:
Trading random highs/lows
Guessing trend direction
Entering before structure confirms
Reacting emotionally instead of structurally
This tool fixes that.
It builds a clean narrative of the market:
“Where is structure forming?”
“Where did it break?”
“Was that continuation… or reversal?”
Now you always know.
⚔️ Core Features
🧱 True Market Structure Detection
MUST use a 11-candle swing model (5 left / pivot / 5 right) to accurately define:
- Swing highs
- Swing lows
- Market structure shifts
No noisy micro-swings. Only meaningful structure.
🔥 BOS & ChoCH Engine
Automatically distinguishes:
💥 BOS (Break of Structure) → continuation trend behavior
🔁 ChoCH (Change of Character) → potential reversal zones
Color-coded and labeled directly on chart for instant clarity.
🧭 Bias Tracking (Hidden Edge)
The script continuously tracks directional bias:
Bullish (1)
Bearish (-1)
Neutral (0)
This allows perfect classification of:
Trend continuation vs reversal breaks
LH/HL vs HH/LL behavior shifts
📊 Smart Swing Labels
Auto-labels:
HH / HL → bullish structure
LH / LL → bearish structure
Minimal chart clutter. Maximum meaning.
📍 Break Level Mapping
Every structural break includes:
Horizontal level projection
Mid-level BOS/ChoCH label
Break candle marker tag
You don’t just see the break —
you see exactly where it came from.
⚡ Wick or Close Break Logic
Choose how structure is validated:
Close-based confirmation (cleaner, stricter)
Wick-based detection (faster, aggressive)
Perfect for scalpers or swing traders.
🔔 Advanced Alert System
Built-in alerts for:
Bullish Breaks
Bearish Breaks
HH → BOS continuation events
LL → BOS continuation events
New Higher Highs
New Lower Lows
This turns your chart into a semi-automated signal radar.
🧠 How Traders Use It
📈 Trend Following
Wait for:
BOS in direction of bias
Then ride continuation after HH/HL confirmation
🔄 Reversal Detection
Look for:
ChoCH after strong HH/HL or LL/LH sequence
Bias flip + structure break alignment
⚡ Smart Entries
Combine:
Swing structure
Break levels
ChoCH confirmation
To enter with institutional-style timing instead of retail guessing
🧩 What Makes It Different From Other Structure Tools
Most indicators:
❌ Show messy swings
❌ Don’t distinguish BOS vs ChoCH properly
❌ Don’t track bias
❌ Overload charts with noise
This one:
✔ Clean structure logic
✔ Context-aware labeling
✔ Bias-driven classification
✔ Minimal but powerful visuals
✔ Designed for real execution decisions
🎯 Ideal For
Smart Money Concept traders (SMC)
Price action traders
ICT-style traders
Scalpers & intraday traders
Swing traders needing structure confirmation
⚡ Final Thought
If you don’t know where structure broke…
You’re not trading.
You’re guessing.
This indicator turns chaos into a readable market story:
Structure → Break → Confirmation → Bias → Opportunity
No noise. No confusion. Just clarity.
=======================
NOTE FROM THE CREATOR:
=======================
Combine this indicator with the GTS5.alvin - HMA Tracker 2.0 then use the following strategy to help better your trading edge:
- Wait for a BOS of a HH/LL
- Then immediately check to see if the expansion/strength meter measures 50%+
If so, consider entering the trade with the momentum. (If the meter measures less than 50% then consider waiting for another setup.)
Take profit: Once expansion/strength meter falls back to 50% then consider exiting trade.
Stop Loss: Consider placing behind HH/LL market structure swing.
---------------------------------
Disclaimer: This is ONLY for educational purposes only! This indicator will NOT print you money. My success does NOT guarantee your success. I have EXTENSIVE EXPERTISE IN MARKET MANIPULATIONS! Use at your own discretion.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.