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OPEN-SOURCE SCRIPT

CHoCH Finder

By CBriggsnz
Updated
Draws CHoCHs.

1. CHoCH Style (set the way the CHoCH line looks)
  • Solid / Dashed / Dotted <- What style is use for the CHoCH line
  • Color <- What Color is use for the CHoCH line
  • Thickness <- What thickeness/width is use for the CHoCH line


2. Show CHoCH continuations (not sure what these should be called?)
  • If this is checked then it will show CHoCH continuations.


3. CHoCH Continuation Style (set the way the CHoCH Continuation lines looks)
  • Solid / Dashed / Dotted <- What style is use for the CHoCH line
  • Color <- What Color is use for the CHoCH line
  • Thickness <- What thickeness/width is use for the CHoCH line


4. Number of CHoCHs to display
  • Set the number of current and historical CHoCH that should be displayed. The same number will be used for CHoCH Continuations


5. Show Fractal High and Low Line
  • If this is set then a line will be drawn where the current fractal high and low are i.e. the line that needs to be crossed to create a new CHoCH.


Known Issues
  • The correct CHoCHs may not be drawn when there is an engulfing candle that takes both the Fractal High and Low in one candle.
Release Notes
- Added a CHoCH prediction option
Release Notes
Modified continuations to be accurate i.e. only draw when there is a change in fractal structure in the direction of the CHoCH
Release Notes
Small fix when equal highs or lows
Release Notes
Small Fixes
Candlestick analysisPivot PointsTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

CBriggsnz

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