Simply-Forex Price Action

Price Action Toolkit

Core Swing Point Detection System

🔹 Multi-Length Swing Point Analysis
This indicator detects price swings using multiple swing lengths simultaneously, offering a layered view of market structure:

Captures short-term reversals and long-term trend shifts

Enables analysis across multiple time horizons

Enhances overall context for entries, exits, and trend direction

🔹 Swing Point Classification
Each swing point is automatically labelled as one of the following:

HH (Higher High)

HL (Higher Low)

LH (Lower High)

LL (Lower Low)

What it does:
Instantly reveals the current market structure by showing the relationship between consecutive swing points — crucial for trend analysis and trade planning.

Visual Display Features

🔹 Swing Point Breakout Lines

What it does:
Plots breakout lines based on recent swing points, helping traders:

Identify structure shifts

Spot breakout or reversal levels

Highlight potential entry and exit points

Moving Average Features

🔹 Standard SMA (Simple Moving Average)

What it does:
Shows dynamic trend direction

Acts as support/resistance

Smooths price data for better clarity

🔹 20SMA River

What it does:
Creates a flowing “river” or price channel to:

Highlight the average range of price movement

Assist in trend channel trading

Identify mean reversion or momentum continuation zones

Enhanced Daily Trend Display System

🔹 Multi-Mode Trend Analysis
Three trend modes to suit different trading styles:

✅ Real-Time Mode
Live trend updates based on current price action

Great for scalpers and intraday traders

Responds immediately to market structure changes

✅ Daily Close Mode
Uses confirmed daily candle closes only

Eliminates noise from intraday fluctuations

Ideal for swing trading and longer-term analysis

✅ Both Mode
Side-by-side display of both real-time and daily-close trends

Helps compare short-term signals with confirmed long-term direction

Excellent for traders seeking full market context

🔹 What it does:
Provides adaptable trend analysis tailored to your strategy — whether you’re a scalper needing instant feedback or a swing trader relying on confirmed closes.

Practical Applications

🟢 For Day Traders
Real-time trend display = instant feedback

Multi-swing detection = fast structure shifts

Clean breakout visuals = clear entry/exit cues

🔵 For Swing Traders
Daily close mode = reliable trend confirmation

Multi-timeframe analysis = strategic planning

SMA integration = trend + structure in sync

✅ Summary
This comprehensive Price Action Toolkit adapts to all timeframes and trading styles. Whether you're focused on tactical intraday moves or strategic trend swings, it provides everything you need to stay in sync with market structure and direction — all in one streamlined tool.