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TJR BOS (CHOCH) - Real time Swings

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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.
Nota Keluaran
Bos Is choch, this represents the strategy that TJR uses,

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

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.