OPEN-SOURCE SCRIPT

CHOCH + FVG Signals [30m Optimized]

88
CHOCH + FVG Signals [30m Optimized]

🎯 What It Does:

This script automatically scans your chart for high-probability Smart Money Concepts (SMC) setups based on two key institutional trading principles:

Change of Character (CHOCH) – A shift in market structure signaling potential reversal
Fair Value Gap (FVG) – An imbalance zone where price moved too fast, often acting as support/resistance
When both conditions align, the script plots clear Buy (▲) and Sell (▼) signals directly on your chart — ideal for intraday trading on the 30-minute timeframe (but works on any timeframe).

✅ Key Features:

🔹 Visual Fair Value Gaps

Green shaded zones = Bullish FVGs (potential support)
Red shaded zones = Bearish FVGs (potential resistance)
Toggle on/off in settings
🔹 Smart CHOCH Detection

Detects breaks of recent swing highs/lows with proper context
Avoids false signals by confirming prior price structure
🔹 Clear Trade Signals

Green ▲ below bar = Buy signal (Bullish CHOCH + FVG confluence)
Red ▼ above bar = Sell signal (Bearish CHOCH + FVG confluence)
🔹 Customizable Filters

Option to require FVG for a signal (recommended for higher accuracy)
Adjust sensitivity via swing detection settings (default optimized for 30m)
🔹 Alert-Ready

Built-in alert conditions for instant notifications on TradingView mobile/desktop
⚙️ How to Use:

Apply to a 30-minute chart (e.g., EURUSD, Gold, NAS100, BTC)
Wait for at least 50–100 bars to load (so swing points appear)
Look for:
A green triangle (▲) → consider long entry near FVG support
A red triangle (▼) → consider short entry near FVG resistance
Confirm with price action: Wait for a strong candle close or rejection at the FVG zone
Use stop-loss below/above the FVG and target recent liquidity pools
💡 Pro Tip: Best used during high-volume sessions (e.g., London Open 7–10 AM UTC, NY Open 12:30–3:30 PM UTC).

🛠️ Settings (Inputs):

Show Fair Value Gaps
✅ Enabled
Visualize FVG zones
Max FVG History
100 bars
Prevent chart clutter
Require FVG for Signal?
✅ Enabled
Higher-quality setups (disable to test CHOCH-only)

⚠️ Important Notes:

This is a signal generator, not financial advice. Always manage risk.
Works best in trending or breaking markets — avoid during low-volatility ranges.
FVGs may get filled (tested) before price continues — patience improves results.
Backtest on historical data before live trading.
📣 Ideal For:

Retail traders learning Smart Money Concepts (SMC)
Price action traders seeking institutional-level confluence
Intraday scalpers & swing traders on 30m–1H timeframes

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。