OPEN-SOURCE SCRIPT
Updated CHoCH Finder
Draws CHoCHs.
1. CHoCH Style (set the way the CHoCH line looks)
2. Show CHoCH continuations (not sure what these should be called?)
3. CHoCH Continuation Style (set the way the CHoCH Continuation lines looks)
4. Number of CHoCHs to display
5. Show Fractal High and Low Line
Known Issues
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 optionRelease Notes
Modified continuations to be accurate i.e. only draw when there is a change in fractal structure in the direction of the CHoCHRelease Notes
Small fix when equal highs or lowsRelease Notes
Small FixesOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.