OPEN-SOURCE SCRIPT
Swing High/Low

Swing High:
A swing high is simply any turning point where rising price changes to falling price.
Swing High Settings:
When Setting of Low Number Of Bars For Swing H/L is 2, then we define a swing high (SH) as a price bar high, preceded by two lower highs (LH) and followed by two lower highs (LH).
Similarly When Setting of High Number Of Bars For Swing H/L is 5, then we define a swing high (SH) as a price bar high, preceded by five lower highs (LH) and followed by five lower highs (LH).
Swing Low:
A swing low is simply any turning point where falling price changes to rising price.
Swing Low Settings:
When Setting of Low Number Of Bars For Swing H/L is 2, then we define a swing low (SL) as a price bar low, preceded by two higher lows (HL) and followed by two higher lows (HL).
Similarly When Setting of High Number Of Bars For Swing H/L is 5, then we define a swing low (SL) as a price bar low, preceded by five higher lows (HL) and followed by five higher lows (HL).
Pivot Colors
Red = Swing High (Low Number Of Bars For Swing H)
Green = Swing Low (Low Number Of Bars For Swing L)
Black = Swing High (High Number Of Bars For Swing H)
Blue = Swing High (High Number Of Bars For Swing L)
Helpful and easier for eyes to draw Support and Resistance Zone.
A swing high is simply any turning point where rising price changes to falling price.
Swing High Settings:
When Setting of Low Number Of Bars For Swing H/L is 2, then we define a swing high (SH) as a price bar high, preceded by two lower highs (LH) and followed by two lower highs (LH).
Similarly When Setting of High Number Of Bars For Swing H/L is 5, then we define a swing high (SH) as a price bar high, preceded by five lower highs (LH) and followed by five lower highs (LH).
Swing Low:
A swing low is simply any turning point where falling price changes to rising price.
Swing Low Settings:
When Setting of Low Number Of Bars For Swing H/L is 2, then we define a swing low (SL) as a price bar low, preceded by two higher lows (HL) and followed by two higher lows (HL).
Similarly When Setting of High Number Of Bars For Swing H/L is 5, then we define a swing low (SL) as a price bar low, preceded by five higher lows (HL) and followed by five higher lows (HL).
Pivot Colors
Red = Swing High (Low Number Of Bars For Swing H)
Green = Swing Low (Low Number Of Bars For Swing L)
Black = Swing High (High Number Of Bars For Swing H)
Blue = Swing High (High Number Of Bars For Swing L)
Helpful and easier for eyes to draw Support and Resistance Zone.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.