OPEN-SOURCE SCRIPT
Custom Swing Points bY AMO
The *Custom Swing Points* indicator is a tool designed to detect and visualize key swing highs and lows in price action. By analyzing local peaks and troughs based on a specified look-back period, the indicator helps traders identify potential reversal points in the market. These swing points can be used to refine entries, exits, or track the overall trend direction. Markers for swing highs are plotted above the bars, while swing lows are displayed below, providing a clear visual guide for technical analysis. This makes it a valuable tool for traders focusing on market structure and price pivots.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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