market-structure-bos-choch

Break of structure and change of character are detected by validating candle closes against mapped swing highs and lows. This mechanical approach removes subjectivity from market structure trend analysis across any asset.

Yes, market structure analysis applies across any asset including Forex, crypto, and indices, on any timeframe. It supports multi-timeframe analysis to validate swing points and BOS or CHoCH signals for entries and risk management.

A BOS signals trend continuation when price breaks a prior swing high or low, while a CHoCH indicates a potential trend reversal. Both are identified mechanically through candle-close validation to map current market structure.

You can identify valid swing highs and lows using a Python implementation with a Scipy-based approach for swing detection. It applies mechanical candle-close validation rules to automatically map valid swing points from price data.

No, mechanical BOS and CHoCH detection does not require manual chart drawing. It applies rule-based detection and candle-close validation directly to price data to objectively identify market structure swings and trend signals.