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Indicator for MT4
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BOS-CHOCH with Label indicator
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Age 3+
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level: Advanced
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English
Author's Instructions
The BOS-CHOCH with Label Indicator is a valuable tool for traders utilizing ICT style and Smart Money style trading. The BOS-CHOCH Indicator, with its unique algorithm, identifies and plots price structure breakouts (known as BOS or Break of Structure) and market character changes (referred to as CHOCH or Change of Character) on the chart.
By displaying all the market’s structural breakouts and character shifts, this indicator helps traders visualize both major and minor trends.
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Indicator for MT4
-
BOS-CHOCH with Label indicator
-
Age 3+
-
level: Advanced
-
English
Author's Instructions
The BOS-CHOCH with Label Indicator is a valuable tool for traders utilizing ICT style and Smart Money style trading. The BOS-CHOCH Indicator, with its unique algorithm, identifies and plots price structure breakouts (known as BOS or Break of Structure) and market character changes (referred to as CHOCH or Change of Character) on the chart.
By displaying all the market’s structural breakouts and character shifts, this indicator helps traders visualize both major and minor trends.