Market Structure Indicators for BOS and CHoCH

Market structure is the sequence of swing highs and lows; a BOS breaks the latest swing in the trend's direction, while a CHoCH is the first break against it. The first hints at continuation, and the second, short for change of character, flags a possible reversal.

Swings are confirmed only after a set number of later bars, so labels appear late, and some tools shift a provisional swing when a new extreme forms. Whether breaks are judged on candle closes or on wicks also changes how many labels appear.

In a range, price keeps breaking minor swings in both directions, so CHoCH and BOS labels can flip repeatedly without a lasting trend. Larger swing settings or a higher-timeframe view cut that noise but react later, and any label can be followed by a move the other way.

No. It labels swings and breaks on the chart, loads only in the Windows and Mac apps, and sends no orders. Automating a rule built on those breaks would take a separate cBot that the user tests and starts, with stops and size set in its parameters.

Yes, scrolling through older data on different pairs and timeframes shows how often breaks led to follow-through and how often labels shifted afterward. Free and trial versions make that check possible without paying first, and the seller's terms are on the product page.