This indicator detects equal highs and lows by comparing prices within user-defined left and right bars using a tolerance percentage. It plots horizontal lines on the price chart for equal highs in one color and lows in another. A screener allows input of mult
Indicator · Pine Script v6 · On the chart
Market Structure - BOS & CHoCH
This indicator plots market structure on the price chart by identifying swing highs and lows.
GitHub stars218on the repository
Pine versionv6current
Lines of code170
Settings9inputs
LicenceNone stated
Last update3 months ago23 Jul 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Market Structure - BOS & CHoCH connects these points with lines to visualize trend direction and detect Break of Structure (BOS) when price breaks a prior swing in the current trend. Change of Character (CHoCH) signals occur when price reverses through a swing point, flipping the trend. Bullish signals use green and aqua colors while bearish ones use red and orange. Users toggle display of internal points, swing points, BOS and CHoCH labels. The tool analyzes any timeframe and works across forex, stocks, crypto or commodities for trend and reversal spotting.
- swing points detection
- BOS signals
- CHoCH signals
- structure lines
- color coded alerts
Details
Published by
TradersPost on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Trend, Support & resistance, SMC / ICT / price action
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Swing Length | int | 5 | swing_length |
| Show Internal Structure | bool | true | show_internal |
| Show Swing Structure | bool | true | show_swing |
| Show BOS | bool | true | show_bos |
| Show CHoCH | bool | true | show_choch |
| Bullish BOS | color | color.new(color.lime, 0) | bos_bull_color |
| Bearish BOS | color | color.new(color.red, 0) | bos_bear_color |
| Bullish CHoCH | color | color.new(color.aqua, 0) | choch_bull_color |
| Bearish CHoCH | color | color.new(color.orange, 0) | choch_bear_color |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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