CHoCH Detector v2 is a Technical indicator designed for MetaTrader 4 (MT4) to Identify Market Structure changes,
specifically focusing on Change of Character (CHoCH) and Break of Structure (BOS) signals based on Smart Money Concepts (SMC) or ICT methodologies.
Key Features :
- Automatic Structure Detection :
Automatically identifies and labels directly on the Chart.
- CHoCH & BOS Labeling :
Draws lines and labels directly on the Chart when a Change of Character (Reversal) or Break of Structure (Continuation) occurs.
- Premium + Discount Zones & Strong/Weak High/Low :
Identification also Premium + Discount Zones & Strong/Weak High/Low
- Multi-Timeframe Analysis :
Allows for viewing Higher timeframe structures on Lower timeframe charts.
- Alerts :
Includes Customizable alerts for, or, or when a New Structural point is formed.
- Real-time & Historical Data :
Marks up the Chart in real-time, but also scans Historical data to show past Market Structure.
