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Choch Pattern Levels [BigBeluga]

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🔵 OVERVIEW
The Choch Pattern Levels [BigBeluga] indicator automatically detects Change of Character (CHoCH) shifts in market structure — crucial moments that often signal early trend reversals or major directional transitions. It plots the structural break level, visualizes the pattern zone with triangle overlays, and tracks delta volume to help traders assess the strength behind each move.



🔵 CONCEPTS
  • CHoCH Pattern: A bullish CHoCH forms when price breaks a previous swing high after a swing low, while a bearish CHoCH appears when price breaks a swing low after a prior swing high.
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  • Break Level Mapping: The indicator identifies the highest or lowest point between the pivot and the breakout, marking it with a clean horizontal level where price often reacts.
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  • Delta Volume Tracking: Net bullish or bearish volume is accumulated between the pivot and the breakout, revealing the momentum and conviction behind each CHoCH.
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  • Chart Clean-Up: If price later closes through the CHoCH level, the zone is automatically removed to maintain clarity and focus on active setups only.


🔵 FEATURES
  • Automatic CHoCH pattern detection using pivot-based logic.
  • Triangle shapes show structure break: pivot → breakout → internal high/low.
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  • Horizontal level marks the structural zone with a ◯ symbol.
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  • Optional delta volume label with directional sign (+/−).
  • Green visuals for bullish CHoCHs, red for bearish.
  • Fully auto-cleaning invalidated levels to reduce clutter.
  • Clean organization of all lines, labels, and overlays.
  • User-defined Length input to adjust pivot sensitivity.
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🔵 HOW TO USE
  • Use CHoCH levels as early trend reversal zones or confirmation signals.
  • Treat bullish CHoCHs as support zones, bearish CHoCHs as resistance.
  • Look for high delta volume to validate the strength behind each CHoCH.
  • Combine with other BigBeluga tools like supply/demand, FVGs, or liquidity maps for confluence.
  • Adjust pivot Length based on your strategy — shorter for intraday, longer for swing trading.


🔵 CONCLUSION
Choch Pattern Levels [BigBeluga] highlights key structural breaks that can mark the start of new trends. By combining precise break detection with volume analytics and automatic cleanup, it provides actionable insights into the true intent behind price moves — giving traders a clean edge in spotting early reversals and key reaction zones.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.