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Swing Point (Bulb) – ThorenFX | Trinity Traders
Swing Point (Bulb) – ThorenFX | Trinity Traders
Indicator Description
The Swing Point (Bulb) indicator is a dual-module market structure tool designed to identify both swing reversals and structural extremes in real time.
It combines:
1️⃣ Swing Point (Bulb): Adaptive swing detection that highlights turning points with color-coded bulbs.
2️⃣ Highest High / Lowest Low Step Lines: A 20-bar structure mapping system that defines current market range and directional bias.
Together, these modules help traders visualize key reversal zones, trend boundaries, and liquidity shifts with precision and minimal chart clutter.
How to Use
🟡 Minor Bulbs (Yellow): Short-term swing reactions or pullbacks.
🔴 Major High Bulbs (Red): Potential top or resistance zone.
🟢 Major Low Bulbs (Green): Potential bottom or support zone.
📈 Step Lines: Show the 20-bar highest high and lowest low levels — useful for spotting breakouts or range compression.
✅ Use the bulb formations to identify reversal opportunities.
✅ Confirm trade direction when price breaks or respects the step lines.
✅ Combine both modules to align short-term swings with long-term structure for higher-accuracy setups.
Note
No indicator is 100% accurate — the goal is to understand the logic behind the signals and apply it with market context.
Indicator Description
The Swing Point (Bulb) indicator is a dual-module market structure tool designed to identify both swing reversals and structural extremes in real time.
It combines:
1️⃣ Swing Point (Bulb): Adaptive swing detection that highlights turning points with color-coded bulbs.
2️⃣ Highest High / Lowest Low Step Lines: A 20-bar structure mapping system that defines current market range and directional bias.
Together, these modules help traders visualize key reversal zones, trend boundaries, and liquidity shifts with precision and minimal chart clutter.
How to Use
🟡 Minor Bulbs (Yellow): Short-term swing reactions or pullbacks.
🔴 Major High Bulbs (Red): Potential top or resistance zone.
🟢 Major Low Bulbs (Green): Potential bottom or support zone.
📈 Step Lines: Show the 20-bar highest high and lowest low levels — useful for spotting breakouts or range compression.
✅ Use the bulb formations to identify reversal opportunities.
✅ Confirm trade direction when price breaks or respects the step lines.
✅ Combine both modules to align short-term swings with long-term structure for higher-accuracy setups.
Note
No indicator is 100% accurate — the goal is to understand the logic behind the signals and apply it with market context.
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡shubhampk1000。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Use this indicator to identify swing reversal points — areas where the market reaches overbought or oversold zones and is likely to shift direction.
Ideal for spotting trend exhaustion and early reversal entries across all timeframes.
📩 DM me to get acc
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。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情，請依照以下作者的說明操作，或直接聯絡shubhampk1000。
除非您完全信任其作者並了解腳本的工作原理，否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Use this indicator to identify swing reversal points — areas where the market reaches overbought or oversold zones and is likely to shift direction.
Ideal for spotting trend exhaustion and early reversal entries across all timeframes.
📩 DM me to get acc
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。