How It Works
- Uses a lookback period to detect swing highs/lows.
- BoS and ChoCh are detected by comparing the current price to previous structure points.
- When ChoCh is confirmed (price breaks prior LH or HL), a trade is executed.
- Break of Structure (BoS) — shown with a label and arrow
- Change of Character (ChoCh) — shown with a different label and arrow
- Uses swing high/low detection to track structure points
Indicator Features
- Draws:
- BoS when price breaks recent HH or LL (trend continuation)
- ChoCh when price breaks LH or HL (trend reversal)
- Labels and arrows are placed on the chart
Keep earning and level up your trade analysis using this tool!
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Forex
SpreadCalculator - BossFXTrader
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