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signatures

The **"Signatures"** indicator is a price action tool designed to detect two types of key market behaviors: **weak swing points** and **flat price levels**. These features help traders identify potential reversal areas and significant structural zones in the market.
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### 🔍 **Features:**
#### 1. **Weak Swing Points**
* **Weak Swing Highs**: Formed when the middle candle in a 3-bar pattern has the highest high and closes **bearishly**.
* **Weak Swing Lows**: Formed when the middle candle in a 3-bar pattern has the lowest low and closes **bullishly**.
* These swing points are marked with ✕ symbols on the chart and auto-remove when price invalidates them (closes through the level).
#### 2. **Flat Levels**
* **Flat Tops**: Highlight candles with **no upper wick**, suggesting supply absorption or resistance.
* **Flat Bottoms**: Highlight candles with **no lower wick**, suggesting demand absorption or support.
* Draws horizontal lines from these points, extended rightward, and automatically cleans them up when price breaches them.
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### ⚙️ **Customizable Inputs:**
* Toggle display of:
* Weak swing highs/lows
* Flat levels
* Set maximum number of:
* Flat tops/bottoms to be drawn
* Customize:
* X mark colors for weak swings
* Line colors, width, and extension length for flat levels
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### 🛠️ **Automatic Clean-Up Logic**
All elements (X marks and lines) are removed dynamically when price invalidates them:
* Close **above** a weak swing high or flat top level
* Close **below** a weak swing low or flat bottom level
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### 🔔 **Alerts Available:**
* Weak Swing High detected
* Weak Swing Low detected
* Flat Top Level created
* Flat Bottom Level created
---
### 🔍 **Features:**
#### 1. **Weak Swing Points**
* **Weak Swing Highs**: Formed when the middle candle in a 3-bar pattern has the highest high and closes **bearishly**.
* **Weak Swing Lows**: Formed when the middle candle in a 3-bar pattern has the lowest low and closes **bullishly**.
* These swing points are marked with ✕ symbols on the chart and auto-remove when price invalidates them (closes through the level).
#### 2. **Flat Levels**
* **Flat Tops**: Highlight candles with **no upper wick**, suggesting supply absorption or resistance.
* **Flat Bottoms**: Highlight candles with **no lower wick**, suggesting demand absorption or support.
* Draws horizontal lines from these points, extended rightward, and automatically cleans them up when price breaches them.
---
### ⚙️ **Customizable Inputs:**
* Toggle display of:
* Weak swing highs/lows
* Flat levels
* Set maximum number of:
* Flat tops/bottoms to be drawn
* Customize:
* X mark colors for weak swings
* Line colors, width, and extension length for flat levels
---
### 🛠️ **Automatic Clean-Up Logic**
All elements (X marks and lines) are removed dynamically when price invalidates them:
* Close **above** a weak swing high or flat top level
* Close **below** a weak swing low or flat bottom level
---
### 🔔 **Alerts Available:**
* Weak Swing High detected
* Weak Swing Low detected
* Flat Top Level created
* Flat Bottom Level created
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Doer
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受保護腳本
此腳本以閉源形式發佈。 不過,您可以自由且不受任何限制地使用它 — 在此處了解更多資訊。
Doer
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。