OPEN-SOURCE SCRIPT
已更新 Swing High Low Detector by RV5
📄 Description
The Swing High Low Detector is a visual indicator that automatically detects and displays swing highs and swing lows on the chart. Swings are determined based on configurable strength parameters (number of bars before and after a high/low), allowing users to fine-tune the sensitivity of the swing points.
🔹 Current swing levels are shown as solid (or user-defined) lines that dynamically extend until broken.
🔹 Past swing levels are preserved as dashed/dotted lines once broken, allowing traders to see previous support/resistance zones.
🔹 Customizable line colors, styles, and thickness for both current and past levels.
This indicator is useful for:
⚙️ How to Use
1. Add the indicator to any chart on any timeframe.
2. Adjust the Swing Strength inputs to change how sensitive the detector is:
3. Customize the line styles for visual preference.
Choose different colors, line styles (solid/dashed/dotted), and thickness for:
4. Observe:
✅ Features
👨💻 Credits
Script logic and implementation by RV5. This script was developed as a tool to improve price action visualization and trading structure clarity. Not affiliated with any financial institution. Use responsibly.
The Swing High Low Detector is a visual indicator that automatically detects and displays swing highs and swing lows on the chart. Swings are determined based on configurable strength parameters (number of bars before and after a high/low), allowing users to fine-tune the sensitivity of the swing points.
🔹 Current swing levels are shown as solid (or user-defined) lines that dynamically extend until broken.
🔹 Past swing levels are preserved as dashed/dotted lines once broken, allowing traders to see previous support/resistance zones.
🔹 Customizable line colors, styles, and thickness for both current and past levels.
This indicator is useful for:
- Identifying key market structure turning points
- Building breakout strategies
- Spotting trend reversals and swing zones
⚙️ How to Use
1. Add the indicator to any chart on any timeframe.
2. Adjust the Swing Strength inputs to change how sensitive the detector is:
- A higher value will filter out smaller moves.
- A lower value will capture more frequent swing points.
3. Customize the line styles for visual preference.
Choose different colors, line styles (solid/dashed/dotted), and thickness for:
- Current Swing Highs (SH)
- Past Swing Highs
- Current Swing Lows (SL)
- Past Swing Lows
4. Observe:
- As new swing highs/lows are detected, the indicator draws a new current level.
- Once price breaks that level, the line is archived as a past level and a new current swing is drawn.
✅ Features
- Fully customizable styling for all lines
- Real-time updates and automatic level tracking
- Supports all chart types and instruments
👨💻 Credits
Script logic and implementation by RV5. This script was developed as a tool to improve price action visualization and trading structure clarity. Not affiliated with any financial institution. Use responsibly.
發行說明
v2 - added alerts發行說明
v3 - added more line drawings發行說明
v4 - added an input for removing liquidity taken. When checked, it removes previous SH/SL levels that have been swept.If remains unchecked (default), it will show all past levels.
發行說明
updated chart. no other changes.開源腳本
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。