OPEN-SOURCE SCRIPT

eBacktesting - Learning: Change of Character

159
eBacktesting - Learning: Change of Character helps you spot a “Change of Character” (CHoCH) — the moment price stops behaving one way and starts behaving the other.

It does this by tracking clear swing highs and swing lows, then marking the first **candle close** that breaks structure **against** the current move:

- Bullish CHoCH: price shifts from making lower structure to breaking above a key swing high.
- Bearish CHoCH: price shifts from making higher structure to breaking below a key swing low.

Use CHoCH to practice timing: early trend shifts, reversals, and potential new legs — especially when combined with your usual confluence (liquidity, premium/discount, key levels, sessions, etc.).

These indicators are built to pair perfectly with the eBacktesting extension, where traders can practice these concepts step-by-step. Backtesting concepts visually like this is one of the fastest ways to learn, build confidence, and improve trading performance.

Educational use only. Not financial advice.

Отказ от ответственности

Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.