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Fib signal indicator possible?

Is the following Fib signal system feasible to be programmed? I'm looking at (for longs, for instance) (1) The indicator will identify a Swinglow (lowest low within a range of, say, 0 to 60 bars), but less than, say, 100 bars. In other words, we want a substantial Swinglow, but to try to help ensure

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