AI Swing High Low Labels Indicator
- Indicators
- Version: 1.0
Finds confirmed swing highs and lows and labels them HH, LH, HL or LL so the market structure (uptrend, downtrend or range) is visible at a glance.
Key features
- Calculated on closed bars, values do not repaint
- Works on any symbol and timeframe
- All periods, levels and colours can be changed in the inputs
- Light on resources with a maximum bars setting
- Objects are removed automatically when the indicator is deleted
Inputs
Swings: Bars on each side of a swing point, Bars to scan, Label font size, Higher high / higher low colour, Lower high / lower low colour.
Display: Maximum bars to calculate.
Note
This is an analysis tool. It does not place trades.
