SMC Structure Levels – BOS & CHoCH for XAUUSD

This is a custom-made TradingView indicator designed to visualize high-confidence market structure shifts based on Smart Money Concepts (SMC), focusing on Break of Structure (BOS) and Change of Character (CHoCH) points. The tool is optimized for XAUUSD but works across all major forex, crypto, and index markets.

It identifies key pivot points and filters them using both price distance and bar spacing, helping traders focus only on meaningful structural changes — not noisy signals. This makes it ideal for traders looking to track institutional-style price behavior with clarity.

🔑 Key Features:
Clean BOS & CHoCH Labels: The indicator plots “BOS” above candles when a structural break occurs in the trend direction, and “CHoCH” below candles when early signs of a reversal appear.

Spaced Signals: Only plots structure shifts that meet both time and price distance filters, preventing clutter and overplotting on the chart.

Swing-Based Logic: Built on pivot high/low analysis with adjustable sensitivity, ensuring flexible structure detection on any timeframe.

Fully Customizable: Modify:

Swing Sensitivity (number of bars before/after pivot)

Minimum bar spacing between BOS/CHoCH signals

Minimum price movement (in pips) between labels

Toggle BOS or CHoCH visibility individually

No Repainting: Once confirmed, signals remain fixed on the chart for historical review.

Zero Clutter: Unlike typical SMC tools that flood the chart, this indicator prioritizes clarity and signal quality.

🧠 What is BOS & CHoCH?
Break of Structure (BOS): Indicates continuation of the current market trend.

Change of Character (CHoCH): Suggests a potential early trend reversal or shift in momentum.

These tools are often used by Smart Money traders to mark significant turning points and trend confirmations.

⚙️ Use Cases:
Structural tracking in Smart Money Concepts (SMC)

Identifying trend continuation or early reversal

XAUUSD (Gold) swing and intraday analysis

Support for Order Blocks, Liquidity Grabs, and FVG confluence

Backtesting market structure break behavior

📌 Best Pairs:
XAUUSD (Gold)

Any asset where structure-based analysis is relevant

📎 Release Notes:
v1.0 – Initial release of BOS/CHoCH structure tool with spacing and pip-distance filtering for XAUUSD analysis.

⚠️ Disclaimer:
This indicator is built for educational and analytical purposes only. It does not constitute trading advice or guarantee profitable signals. Always use with a proper risk management strategy and confirm signals with additional confluence.

✅ This matches the exact quality and structure of the description you showed earlier.
Just copy this into your TradingView script page when publishing. If you'd like the next version with Order Blocks or FVG, say the word.