Community scripts › Built into Depth › PowerHouse
Adaptive trend ribbon with CHoCH and BOS, plus the real walls and liquidation clusters above and below price.
What it shows
The adaptive trend ribbon, structure shifts (CHoCH and BOS) and a Trend Matrix, with the real walls and liquidation clusters above and below price.
How to read it
The ribbon follows an adaptive trend line that speeds up in trends and slows down in ranges. CHoCH marks the first break against the trend, BOS a break with it. The Trend Matrix shows the same reading on 5m, 15m and 1h at once, and the walls and liquidation clusters above and below price show where real orders and forced closes sit.
What it can't tell you
Structure breaks are confirmed after the fact, and the ribbon adapts to volatility, so it lags in sudden reversals.
Settings in Depth
| Ribbon | |
|---|---|
| Adaptive trend ribbon | on |
| Structure | |
| CHoCH and BOS lines | on |
| Structure shift marks (CHoCH ▲/▼) | on |
| Swing length | 5 bars |
| Real data | |
| Real liquidity above and below price | on |
FAQ
What is the difference between CHoCH and BOS?
A BOS breaks structure in the direction of the trend; a CHoCH breaks it against the trend, the first sign it may be changing.
What does 'real walls' mean?
Resting orders from the live order book, not levels estimated from price.
Is PowerHouse free?
It is part of Swiftedge Plus.
More in Swiftedge Plus
Buy-side and sell-side pools above highs and below lows with formation, defense profile and sweeps, from real trades, with the orders and liquidations at the nearest pools.
The latest impulse leg A to B and its optimal trade entry zone (0.618 to 0.786), with the real orders and liquidations inside the zone and who traded when price was in it.
VWAP and the EMA 12/21 zone with pullback exits, the zone colored by real flow and where today's average buyer and seller got in.