[astropark] SFP - Swing Failure Pattern
today I'm glad to present you my Swing Failure Pattern Analyzer indicator.
As you know, the Swing Failure Pattern (SFP) is a very powerful candlestick pattern, because it highlights trend reversal points: if trend changes you want to know it, right?
This indicators highlights for you both Tops and Bottoms, that may be just local or historical.
To build this tool I mixed my experience on the field and some of the logic you can see in the following indicators of mine:
Pinbar that matters
![[astropark] Pinbar that matters](https://s3.tradingview.com/l/lndKnFpE_mid.png)
Volume that matters
![[astropark] Volume that matters](https://s3.tradingview.com/a/AyPTjihv_mid.png)
Volume Analyzer
![[astropark] Volume Analyzer](https://s3.tradingview.com/2/2lKbJinE_mid.png)
This indicator works on every timeframe and market, it's quite responsive to market movements so it's especially good on volatile markets.
It is designed for fast day-trading / scalping, but as you trade on high timeframes is great for swing trades.
The indicator identifies candles that fall into the Swing Failure Patter category, but also candles other 4 categories of reversal candlestick pattern:
- pinbar / hammer
- hanged man
- reversal by volume analysis
- reversal by candle wicks analysis
Of course you can
- customize colors
- turn on or off what you prefer to see and what you don't
- set alerts everything you see plotted
The indicator does NOT repaint of course.
This is a premium indicator, so send me a private message in order to get access to this script.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact astropark directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact astropark directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.