Swing elite Trend Direction

21 時間前

Swing Elite Trend Direction
This indicator provides a structured approach to market analysis by combining swing point detection with trend confirmation logic derived from Smart Money Concepts (SMC).
How It Works
The core algorithm identifies swing highs and lows using a configurable lookback depth, then classifies each pivot based on its relationship to prior swings. A swing high that exceeds the previous swing high is labeled HH (Higher High), while one that fails to do so becomes LH (Lower High). The same logic applies to lows, producing HL (Higher Low) and LL (Lower Low) classifications.
Trend confirmation follows ICT/SMC principles: a bullish trend is confirmed only when a Higher Low is followed by a Higher High, establishing the classic bullish market structure sequence. Conversely, bearish confirmation requires a Lower High followed by a Lower Low. When price creates a counter-structure pivot (such as a Lower High appearing during a bullish sequence), the trend status shifts to "Unconfirmed," alerting traders to potential reversals before they fully develop.
What Makes This Indicator Useful
Rather than displaying isolated swing points, this indicator synthesizes the relationship between consecutive pivots to provide actionable trend status. The multi-timeframe dashboard extends this analysis across three user-defined timeframes, allowing traders to assess trend alignment — a key filter for higher-probability setups.
Structure trendlines automatically connect relevant pivot sequences (HH→LH for resistance, LL→HL for support), visualizing the trajectory of market structure rather than arbitrary price connections. Break levels mark the specific prices where structure would shift, giving clear invalidation points for trade management.
The Fibonacci retracement draws automatically between the two most recent pivots, providing potential entry zones within the established structure context.
Intended Use
This tool is designed for traders who use market structure analysis as their primary framework. It automates the manual process of labeling swing points and tracking structure sequences, reducing subjectivity while maintaining the discretionary trader's analytical approach. Works across all markets and timeframes.

Swing elite Trend direction
A comprehensive market structure indicator that identifies swing highs/lows, labels them with HH/HL/LH/LL structure, draws dynamic trendlines, and provides multi-timeframe trend analysis.

🔹 FEATURES
Market Structure Analysis

Automatically detects swing highs and swing lows
Labels each pivot with its structure type: HH (Higher High), HL (Higher Low), LH (Lower High), LL (Lower Low)
Color-coded zigzag lines based on confirmed trend direction

Structure Trendlines

Downtrend Line: Connects HH to LH (resistance in bearish structure)
Uptrend Line: Connects LL to HL (support in bullish structure)
Extended projection for potential future price interaction

Swing Trendlines

Connects the last 2 swing highs (resistance trendline)
Connects the last 2 swing lows (support trendline)
Optional extension to project future levels

Break Levels

Horizontal lines at key structure points (HH, HL, LL, LH)
Visual reference for potential breakout/breakdown levels
Customizable colors for bullish and bearish breaks

Fibonacci Retracement

Auto-drawn between the last two pivots
Customizable levels: 0, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0
Individual toggle and color settings for each level

Multi-Timeframe Dashboard

Displays trend status across 3 customizable timeframes
Shows trend direction: Bullish / Bearish / Neutral
Shows confirmation status: Confirmed / Unconfirmed
Color-coded for quick visual analysis

Trend Confirmation Logic (ICT/SMC Concepts)

Bullish Confirmed: HL followed by HH (Higher Low → Higher High pattern)
Bearish Confirmed: LH followed by LL (Lower High → Lower Low pattern)
Unconfirmed: Counter-structure appears (potential reversal signal)


🔹 SETTINGS
Swing Settings

Depth: Lookback period for pivot detection

Display

Toggle zigzag lines, labels, price on labels
Adjust label size and number of visible swings

Zigzag Settings

Line style: Solid, Dashed, Dotted
Thickness and colors for bullish/bearish trends

Swing Trendlines

Toggle high/low trendlines independently
Customizable colors, style, thickness
Option to extend trendlines

Structure Trendlines

Toggle HH→LH and LL→HL lines independently
Customizable colors, style, thickness
Option to extend trendlines

Break Levels

Toggle HH, HL, LL, LH break levels independently
Customizable colors for each level

Fibonacci

Toggle individual fib levels
Customizable colors and line style

Dashboard

Position: Top Left, Top Right, Bottom Left, Bottom Right
Size: Tiny, Small, Normal, Large
3 customizable timeframes


🔹 ALERTS

HH Broken: Price breaks above recent Higher High
HL Broken: Price breaks below recent Higher Low
LL Broken: Price breaks below recent Lower Low
LH Broken: Price breaks above recent Lower High


🔹 USE CASES
✅ Identify market structure and trend direction
✅ Spot potential trend reversals (unconfirmed status)
✅ Find key support/resistance levels
✅ Multi-timeframe trend alignment for trade confirmation
✅ Breakout/breakdown trading with break levels
✅ Fibonacci retracement entries
3 hours ago
Release Notes
Swing elite Trend direction
A comprehensive market structure indicator that identifies swing highs/lows, labels them with HH/HL/LH/LL structure, draws dynamic trendlines, and provides multi-timeframe trend analysis.

🔹 FEATURES
Market Structure Analysis

Automatically detects swing highs and swing lows
Labels each pivot with its structure type: HH (Higher High), HL (Higher Low), LH (Lower High), LL (Lower Low)
Color-coded zigzag lines based on confirmed trend direction

Structure Trendlines

Downtrend Line: Connects HH to LH (resistance in bearish structure)
Uptrend Line: Connects LL to HL (support in bullish structure)
Extended projection for potential future price interaction

Swing Trendlines

Connects the last 2 swing highs (resistance trendline)
Connects the last 2 swing lows (support trendline)
Optional extension to project future levels

Break Levels

Horizontal lines at key structure points (HH, HL, LL, LH)
Visual reference for potential breakout/breakdown levels
Customizable colors for bullish and bearish breaks

Fibonacci Retracement

Auto-drawn between the last two pivots
Customizable levels: 0, 0.236, 0.382, 0.5, 0.618, 0.786, 1.0
Individual toggle and color settings for each level

Multi-Timeframe Dashboard

Displays trend status across 3 customizable timeframes
Shows trend direction: Bullish / Bearish / Neutral
Shows confirmation status: Confirmed / Unconfirmed
Color-coded for quick visual analysis

Trend Confirmation Logic (ICT/SMC Concepts)

Bullish Confirmed: HL followed by HH (Higher Low → Higher High pattern)
Bearish Confirmed: LH followed by LL (Lower High → Lower Low pattern)
Unconfirmed: Counter-structure appears (potential reversal signal)


🔹 SETTINGS
Swing Settings

Depth: Lookback period for pivot detection

Display

Toggle zigzag lines, labels, price on labels
Adjust label size and number of visible swings

Zigzag Settings

Line style: Solid, Dashed, Dotted
Thickness and colors for bullish/bearish trends

Swing Trendlines

Toggle high/low trendlines independently
Customizable colors, style, thickness
Option to extend trendlines

Structure Trendlines

Toggle HH→LH and LL→HL lines independently
Customizable colors, style, thickness
Option to extend trendlines

Break Levels

Toggle HH, HL, LL, LH break levels independently
Customizable colors for each level

Fibonacci

Toggle individual fib levels
Customizable colors and line style

Dashboard

Position: Top Left, Top Right, Bottom Left, Bottom Right
Size: Tiny, Small, Normal, Large
3 customizable timeframes


🔹 ALERTS

HH Broken: Price breaks above recent Higher High
HL Broken: Price breaks below recent Higher Low
LL Broken: Price breaks below recent Lower Low
LH Broken: Price breaks above recent Lower High


🔹 USE CASES
✅ Identify market structure and trend direction
✅ Spot potential trend reversals (unconfirmed status)
✅ Find key support/resistance levels
✅ Multi-timeframe trend alignment for trade confirmation
✅ Breakout/breakdown trading with break levels
✅ Fibonacci retracement entries

21 時間前

リリースノート

Swing Elite Trend Direction
This indicator provides a structured approach to market analysis by combining swing point detection with trend confirmation logic derived from Smart Money Concepts (SMC).
How It Works
The core algorithm identifies swing highs and lows using a configurable lookback depth, then classifies each pivot based on its relationship to prior swings. A swing high that exceeds the previous swing high is labeled HH (Higher High), while one that fails to do so becomes LH (Lower High). The same logic applies to lows, producing HL (Higher Low) and LL (Lower Low) classifications.
Trend confirmation follows ICT/SMC principles: a bullish trend is confirmed only when a Higher Low is followed by a Higher High, establishing the classic bullish market structure sequence. Conversely, bearish confirmation requires a Lower High followed by a Lower Low. When price creates a counter-structure pivot (such as a Lower High appearing during a bullish sequence), the trend status shifts to "Unconfirmed," alerting traders to potential reversals before they fully develop.
What Makes This Indicator Useful
Rather than displaying isolated swing points, this indicator synthesizes the relationship between consecutive pivots to provide actionable trend status. The multi-timeframe dashboard extends this analysis across three user-defined timeframes, allowing traders to assess trend alignment — a key filter for higher-probability setups.
Structure trendlines automatically connect relevant pivot sequences (HH→LH for resistance, LL→HL for support), visualizing the trajectory of market structure rather than arbitrary price connections. Break levels mark the specific prices where structure would shift, giving clear invalidation points for trade management.
The Fibonacci retracement draws automatically between the two most recent pivots, providing potential entry zones within the established structure context.
Intended Use
This tool is designed for traders who use market structure analysis as their primary framework. It automates the manual process of labeling swing points and tracking structure sequences, reducing subjectivity while maintaining the discretionary trader's analytical approach. Works across all markets and timeframes.