ReversalRadar
- Indicators
- Version: 3.0
- Updated: 26 April 2026
- Activations: 5
ReversalRadar
Automatically identifies the last two confirmed swing highs and the last two confirmed swing lows on any chart and timeframe, marks them with clearly labelled dots, and connects each pair with an extended trendline — giving you an instant visual read of the current market structure without any manual drawing.
What It Does
Most traders draw swing levels by hand, which is time-consuming and inconsistent. ReversalRadar removes that step entirely. It scans back through recent price action, confirms each swing using a configurable number of bars on either side, and plots the two most recent highs and the two most recent lows — refreshing automatically on every new bar or tick.
Once the swing points are identified, a trendline is projected through each pair: one through the highs, one through the lows. Both lines can be extended to the right, giving you a live projection of where those structural levels are heading.
Key Features
- Detects the last 2 confirmed swing highs and last 2 confirmed swing lows
- Labels each point clearly as Top or Bottom — no clutter
- Draws and extends trendlines through both the highs and the lows
- Trendlines can be toggled on or off independently of the dots and labels
- Fully configurable swing strength (number of confirmation bars each side)
- Separate colour, width, and style controls for highs and lows
- Works on any symbol and any timeframe
- Zero repainting of confirmed swings — a swing is only marked once fully confirmed
Inputs
| Parameter | Default | Description |
|---|---|---|
| Swing Strength | 5 | Bars required each side to confirm a swing |
| Lookback Bars | 500 | How far back ReversalRadar searches |
| High / Low Dot Colour | Red / Lime | Colour of the swing markers |
| High / Low Line Colour | Red / Lime | Colour of the trendlines |
| Line Width | 1 | Thickness of the trendlines |
| Line Style | Solid | Solid, dashed, or dotted |
| Show Labels | true | Toggle Top / Bottom labels |
| Show Trendlines | true | Toggle trendlines on or off |
| Extend Right | true | Projects trendlines forward in time |
| Extend Left | false | Extends lines back to the left edge |
How To Use It
- Trend following — if both trendlines slope in the same direction, the market is trending. Trade in that direction.
- Breakout trading — watch for price breaking and closing beyond the high or low trendline as a momentum entry signal.
- Range identification — converging or flat trendlines indicate consolidation and a potential breakout setup.
- Structure confluence — combine with your existing strategy to quickly spot whether price is approaching a structural high or low.
