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Ultimate Chart Analysis Group

Ultimate Chart Analysis Group

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In This Group We Will be Discussing About Possible Trade Setups Using The Various Trading Tools Presented. No Sharing of Links or Any Other Unwanted material. Happy Trading!

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sticker.webp0.18 KB

Pls, sometimes give signals for weltrade too

so we know which ones to add

this indicator let you trade liquidity grab/sweep like a pro. 85% accurate ..

to detect internal bos and choch add again set the depth to 6

who here trade prop firm?

complicated to really understand

you can find me the MQL5 source code for this indicator ?

In the context of Internal Character of Change (iChoCH), price action often requires a specific sequence to confirm a high-probability reversal. To clarify your scenario: No, a bullish internal ChoCH is not the same as a BSL (Buy Side Liquidity) sweep. In fact, they usually happen at opposite ends of a trade setup. ### The Breakdown of Terms * BSL Sweep (Buy Side Liquidity): This occurs when price runs above a previous high to grab liquidity (stop losses of shorts or breakout orders of longs) before potentially reversing. This is often the catalyst for a bearish move. * Internal ChoCH (iChoCH): This is the first sign of a trend shift on a lower timeframe. It occurs when an internal swing high or low is broken after price has tapped into a Higher Timeframe (HTF) Point of Interest (POI). ### Does a Bullish iChoCH confirm a BSL Sweep? Actually, it is usually the inverse. If you are looking to Sell, the sequence typically looks like this: 1. The Sweep: Price sweeps BSL (a key old high) or taps into a bearish HTF Supply zone. 2. The Shift: After the sweep, price aggressively drops and breaks the most recent internal swing low. This break is your Bearish iChoCH. 3. The Entry: You look for a return to the "extreme" or a Fair Value Gap (FVG) created by that bearish move to enter a short. > Key Distinction: A bullish iChoCH signifies that the internal structure has shifted from bearish to bullish (breaking a swing high). If you see a bullish iChoCH, you should generally be looking for buys, not sells. > ### The Scenario You Described If you have a bullish iChoCH and then price immediately gives a bearish iChoCH, you are witnessing what is often called a "SMR" (Smart Money Reversal) or a "Turtle Soup" entry. * The Bullish iChoCH likely lured buyers in (making them think the trend turned up). * The immediate Bearish iChoCH (Market Sell) confirms that the previous move was simply a "stop run" or a hunt for liquidity. ### Summary Table | Term | Action | Market Sentiment | |---|---|---| | BSL Sweep | Price moves above an old high | Neutral/Bearish (Liquidity grab) | | Bullish iChoCH | Price breaks an internal high | Bullish (Short-term shift) | | Bearish iChoCH | Price breaks an internal low | Bearish (Short-term shift) | If your goal is to Market Sell, you are waiting for a BSL Sweep followed by a Bearish iChoCH. Using a bullish iChoCH as a sell signal would be counter-trend unless you are specifically playing a "failed" structure setup.

so i can fully grasp what you are saying

An other scammer

Do some more chart analysis

v4.08 no HUD

SL 3075.095 TP 3043.447 APPLY PRM

Peace be upon Jamaica. Peace be upon Jamaica. I pray for you a lot. May God always help you. You help us a lot.🙏🙏🙏🙏🙏🙏🌹🌹🌹🌹🌹🌹

hello traders

it might have expired, I will share an updated version