Noldy22 Swing high and low
- 지표
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Anold Stephen Minja
Full-Cycle MQL5 Developer | Algorithmic Trading Systems & Automation
Specializing in robust MetaTrader 5 Expert Advisors, custom technical indicators, and automated risk engines.
Core Capabilities: - 버전: 1.0
Swing High & Low Trendline Indicator is a professional tool that automatically identifies swing points on your chart and draws trendlines for easy visualization.
No need to manually scan candles, the indicator highlights key highs and lows based on your chosen settings, helping you analyze market structure and trade with confidence.
🔑 Features:
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✅ Automatically detects swing highs & swing lows
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✅ Draws clean trendlines directly on the chart
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✅ Works on all symbols (forex, indices, crypto, stocks, metals)
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✅ Works on any timeframe (scalping, day trading, swing trading)
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✅ Fully customizable parameters ( lookBack , leftRight , timeframe)
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✅ Lightweight, does not slow down your terminal
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✅ Helps identify support, resistance, breakouts, and reversals
📊 How to Use:
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Attach the indicator to your chart.
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Adjust lookBack (how many bars to scan) and leftRight (candles used for swing validation).
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Swing highs are marked with white trendlines.
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Swing lows are marked with gold trendlines.
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Use these lines to spot key zones for entries, stop-loss placement, or trend continuation.
📌 Input Parameters:
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IndiTimeframe – timeframe used for calculations (default: current chart)
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lookBack – number of bars to check for swing points
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leftRight – candles left & right required to validate a swing high/low
👤 Who is this for?
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Forex traders who use price action
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Traders who analyze market structure
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Scalpers, day traders, and swing traders
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Anyone who wants an objective way to spot swing points
⚡ Why Choose This Indicator?
Unlike most generic tools, this indicator is simple, clean, and focused: it highlights only what matters – swing points and trendlines. It saves time, reduces errors, and provides clarity on market structure at a glance.
