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CHoCH

 
Crypto

A change of character (CHoCH) is the first sign that a downtrend may be ending. This screen lists coins against USDT that were below their 50-day moving average five days ago, whose last two swing lows were falling, and which have now crossed above the most recent swing high (an upper Williams fractal) on above-average volume. SMC traders often wait for a pullback after the CHoCH before entering. Crypto trades around the clock, so the list uses near-real-time data with daily bars that close at 00:00 UTC, and covers coins quoted against USDT with at least 1 million USDT in average daily volume.

Screening formula:
fxgroup(crypto) and advol(21) > 1 and (price < sma(50))@5 and frasup(2, 2, 1) < frasup(2, 2, 2) and price ca frares(2, 2, 1) and cvol > avol(21)
 
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