OPEN-SOURCE SCRIPT
Swing High/Low

Swing High:
A swing high is simply any turning point where rising price changes to falling price.
Swing High Settings:
When Setting of Low Number Of Bars For Swing H/L is 2, then we define a swing high (SH) as a price bar high, preceded by two lower highs (LH) and followed by two lower highs (LH).
Similarly When Setting of High Number Of Bars For Swing H/L is 5, then we define a swing high (SH) as a price bar high, preceded by five lower highs (LH) and followed by five lower highs (LH).
Swing Low:
A swing low is simply any turning point where falling price changes to rising price.
Swing Low Settings:
When Setting of Low Number Of Bars For Swing H/L is 2, then we define a swing low (SL) as a price bar low, preceded by two higher lows (HL) and followed by two higher lows (HL).
Similarly When Setting of High Number Of Bars For Swing H/L is 5, then we define a swing low (SL) as a price bar low, preceded by five higher lows (HL) and followed by five higher lows (HL).
Pivot Colors
Red = Swing High (Low Number Of Bars For Swing H)
Green = Swing Low (Low Number Of Bars For Swing L)
Black = Swing High (High Number Of Bars For Swing H)
Blue = Swing High (High Number Of Bars For Swing L)
Helpful and easier for eyes to draw Support and Resistance Zone.
A swing high is simply any turning point where rising price changes to falling price.
Swing High Settings:
When Setting of Low Number Of Bars For Swing H/L is 2, then we define a swing high (SH) as a price bar high, preceded by two lower highs (LH) and followed by two lower highs (LH).
Similarly When Setting of High Number Of Bars For Swing H/L is 5, then we define a swing high (SH) as a price bar high, preceded by five lower highs (LH) and followed by five lower highs (LH).
Swing Low:
A swing low is simply any turning point where falling price changes to rising price.
Swing Low Settings:
When Setting of Low Number Of Bars For Swing H/L is 2, then we define a swing low (SL) as a price bar low, preceded by two higher lows (HL) and followed by two higher lows (HL).
Similarly When Setting of High Number Of Bars For Swing H/L is 5, then we define a swing low (SL) as a price bar low, preceded by five higher lows (HL) and followed by five higher lows (HL).
Pivot Colors
Red = Swing High (Low Number Of Bars For Swing H)
Green = Swing Low (Low Number Of Bars For Swing L)
Black = Swing High (High Number Of Bars For Swing H)
Blue = Swing High (High Number Of Bars For Swing L)
Helpful and easier for eyes to draw Support and Resistance Zone.
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本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
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。