ATS Confirmed Swings - non-repainting swing highs and lows - indicator for MetaTrader 5

This indicator marks swing highs and swing lows on the chart, and it never repaints. A swing is drawn only after the bars that confirm it have closed, so what you see today is exactly what the chart will still show tomorrow.

How it works

A bar is a swing high when its high is above the highs of the N bars on its left and not below the highs of the N bars on its right. Swing lows use the same logic, mirrored. The bar that is still forming is never used, and a swing is drawn only when all N confirming bars on its right have closed.

Nothing is drawn early and nothing is removed later. This makes the swings safe as a building block for BOS / CHoCH logic and for backtests. The cost of this honesty is a lag of N bars: that lag is unavoidable for any swing that cannot repaint.

Inputs

InpStrength - number of bars on each side used to confirm a swing (default 5).

InpMaxBars - how many bars to scan on the chart (default 2000, 0 = all).

InpAlert - popup alert when a new swing is confirmed.

InpPush - push notification to the phone when a new swing is confirmed.

Buffers (for use from an Expert Advisor with iCustom and CopyBuffer)

Buffer 0 - swing high price (EMPTY_VALUE when there is none).

Buffer 1 - swing low price (EMPTY_VALUE when there is none).

Notes

This is a drawing tool, not a trading signal, and it makes no claim about profitability. It works on any symbol and timeframe.