OPEN-SOURCE SCRIPT
BOS & CHoCH
A clean, no-nonsense market structure indicator that automatically detects Break of Structure (BOS) and Change of Character (CHoCH) on any asset and any timeframe.
How it works
The script tracks swing highs and lows using pivot detection. When price breaks the last swing level, it's labeled as:
BOS — break in the direction of the current trend (continuation)
CHoCH — break against the current trend (potential reversal)
Since the logic is fully relative (pivot-based, no fixed values), it behaves identically on crypto, forex, indices, or stocks — from 1-minute charts to weekly.
Features
- BOS & CHoCH detection with clear on-chart labels
- Break confirmation mode: Close (filters fakeouts) or Wick
- Dotted extension of unbroken swing highs/lows — these act as resting liquidity targets
- Optional trend background & bar coloring
- Alerts for all four events (Bullish/Bearish BOS & CHoCH)
- Non-repainting: once printed, labels never change
Settings
Swing Length — higher values = only major structure, lower = more granular
Break Confirmation — Close is recommended to avoid wick fakeouts
Market structure is the foundation of any SMC or orderflow-based approach. Use CHoCH as an early warning for trend shifts and BOS as confirmation of continuation ideally combined with your own confluence (liquidity sweeps, volume, higher timeframe bias).
How it works
The script tracks swing highs and lows using pivot detection. When price breaks the last swing level, it's labeled as:
BOS — break in the direction of the current trend (continuation)
CHoCH — break against the current trend (potential reversal)
Since the logic is fully relative (pivot-based, no fixed values), it behaves identically on crypto, forex, indices, or stocks — from 1-minute charts to weekly.
Features
- BOS & CHoCH detection with clear on-chart labels
- Break confirmation mode: Close (filters fakeouts) or Wick
- Dotted extension of unbroken swing highs/lows — these act as resting liquidity targets
- Optional trend background & bar coloring
- Alerts for all four events (Bullish/Bearish BOS & CHoCH)
- Non-repainting: once printed, labels never change
Settings
Swing Length — higher values = only major structure, lower = more granular
Break Confirmation — Close is recommended to avoid wick fakeouts
Market structure is the foundation of any SMC or orderflow-based approach. Use CHoCH as an early warning for trend shifts and BOS as confirmation of continuation ideally combined with your own confluence (liquidity sweeps, volume, higher timeframe bias).
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
ORDERFLOW ACADEMY
Professional Indicators & Strategies for Every Market.
orderflow-academy.com
Professional Indicators & Strategies for Every Market.
orderflow-academy.com
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
ORDERFLOW ACADEMY
Professional Indicators & Strategies for Every Market.
orderflow-academy.com
Professional Indicators & Strategies for Every Market.
orderflow-academy.com
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。