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Swing High/Low with Trend & BOS

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Swing High/Low Indicator with Multi-Timeframe Trend Analysis

This indicator identifies swing highs and swing lows on the chart with visual labels and connecting lines, plus provides trend analysis across multiple timeframes.

FEATURES:
- Swing High Detection: Green "H" labels mark pivot highs with customizable lookback periods
- Swing Low Detection: Red "L" labels mark pivot lows with customizable lookback periods
- Connection Lines: Visual lines connect consecutive swing points for easy trend visualization
- Multi-Timeframe Panel: Displays trend direction (Bullish/Bearish) for 1H and 4H timeframes
- Break of Structure (BOS): Shows whether price has recently broken key levels on higher timeframes

SETTINGS:
- Left Bars: Number of bars to the left for pivot detection (default: 10)
- Right Bars: Number of bars to the right for pivot detection (default: 10)
- Show Connection Lines: Toggle to show/hide lines connecting swing points

USAGE:
Use this indicator to identify key swing points for support/resistance levels, trend analysis, and potential reversal zones. The multi-timeframe panel helps confirm trend direction across different time horizons.

NOTES:
- Works best on active markets with sufficient price movement
- Swing points are confirmed after the specified number of right bars
- BOS detection uses EMA crossovers and recent high/low breaks

Wyłączenie odpowiedzialności

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