SwingPoint Levels
- Indicators
-
Oleh Savinovskyi
Trading Strategy Developer | Indicators & Expert Advisors | Quantitative Research | Asset Management. - Version: 1.0
- Activations: 5
SwingPoint Levels: Calculate precise trading levels from any designated point across all instruments and timeframes (H1–Dayli).
This indicator analyzes price structure, not instrument specifics. This means you can use one unified calculation method for currency pairs, stocks, indices, futures, and crypto—no need to download separate versions for every market! We recommend using the H1 to H4 timeframe range, as this is where price structures (Highs/Lows) are most robust for accurate level determination.
SwingPoint Levels anchors its calculations to a Swing High or Swing Low point you define. From this single anchor, it automatically maps out your entire trading blueprint: entry zones, position reinforcement areas, profit targets, and risk control levels (Stop Loss). Crucially, the entry and stop-loss are calculated together from that same starting point, giving you a complete trade picture before you even enter the market.
The indicator supports a powerful strategy: entering on the first level, adding to your position if momentum continues, and taking profits when the price retraces to the second level. Remember, risk management (Stop Loss, Trailing Stop, partial exits) is always under your control—the indicator provides the structure, you manage the execution.
Key Features:
- Levels calculated dynamically from a user-defined Swing High/Low point.
- All critical levels calculated simultaneously: Entry, Reinforcement, Profit Targets, and SL.
- Universal compatibility across all MetaTrader instruments.
- Optimal performance on H1–Dayli timeframes.
- Total flexibility in risk management (SL, Trailing Stop, partial closes).
