OPEN-SOURCE SCRIPT
BOS and CHoCH
The market never moves in a straight line. It moves in waves.
It makes a High, comes down a bit (Low), then breaks the previous High to make a new High.
Similarly, It makes a Low, goes up a bit (High), then breaks the previous Low to make a new Low.
BOS (Break Of Structure) - Trend Continuation
BOS means the market is continuing its current trend. If the market is in an Uptrend and breaks the old "High" -> Bullish BOS. If the market is in a Downtrend and breaks the old "Low" -> Bearish BOS.
3. CHOCH (Change Of Character) - Trend Reversal
CHOCH means the mood of the market has changed. For the first time, the trend has shifted its nature.
Bullish to Bearish CHOCH: The market was making Higher Highs, but suddenly it broke its previous "Low". Now the market can fall.
Bearish to Bullish CHOCH: The market was falling (Lower Lows), but suddenly it broke its previous "High". Now the market can rise.
BOS: Confirms the trend (Breaking the ceiling to go higher).
CHOCH: Signals a trend change (Slipping and falling below the previous floor).
It makes a High, comes down a bit (Low), then breaks the previous High to make a new High.
Similarly, It makes a Low, goes up a bit (High), then breaks the previous Low to make a new Low.
BOS (Break Of Structure) - Trend Continuation
BOS means the market is continuing its current trend. If the market is in an Uptrend and breaks the old "High" -> Bullish BOS. If the market is in a Downtrend and breaks the old "Low" -> Bearish BOS.
3. CHOCH (Change Of Character) - Trend Reversal
CHOCH means the mood of the market has changed. For the first time, the trend has shifted its nature.
Bullish to Bearish CHOCH: The market was making Higher Highs, but suddenly it broke its previous "Low". Now the market can fall.
Bearish to Bullish CHOCH: The market was falling (Lower Lows), but suddenly it broke its previous "High". Now the market can rise.
BOS: Confirms the trend (Breaking the ceiling to go higher).
CHOCH: Signals a trend change (Slipping and falling below the previous floor).
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
Want to learn the real, bank-level trading methods based on logic, not lore. I'll teach you mathematical and 100% mechanical strategies that lets you trade like the pros. DM me here or on Telegram: @StableLogic
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。