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ATR Reversal Wick ZigZag, Swing P2-P3 Labels

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This indicator plots a wick-based ZigZag where swing points are confirmed by a minimum counter-move (ATR multiple) and a minimum number of bars between swings. Confirmed swing highs are labeled P2, swing lows P3. Optional IDs, labels, and a trend-colored ZigZag line.

  • Wick-based ZigZag (High/Low wicks)
  • Swing confirmation via ATR reversal threshold + minimum bars between swings
  • Labels: P2 = confirmed swing high, P3 = confirmed swing low (optional IDs)
  • Optional ZigZag line colored by simple HH/HL vs LL/LH trend state
  • Note: potential swings can move until confirmed
Informacje o Wersji
This indicator plots a wick-based ZigZag where swing points are confirmed by a minimum counter-move (ATR multiple) and a minimum number of bars between swings. Confirmed swing highs are labeled P2, swing lows P3. Optional IDs, labels, and a trend-colored ZigZag line.

  • Wick-based ZigZag (High/Low wicks)
  • Swing confirmation via ATR reversal threshold + minimum bars between swings
  • Labels: P2 = confirmed swing high, P3 = confirmed swing low (optional IDs)
  • Optional ZigZag line colored by simple HH/HL vs LL/LH trend state
  • Note: potential swings can move until confirmed

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