indicator · on price · open source

Swing High/Low with Pivots

Deepwick · @deepwickv1Updated 2 Oct 2026▲ 0 users

Running…

Loading chart…

About

Swing pivots — confirmed swing highs and lows marked with H/L labels. Same engine as the ZigZag, but with explicit character labels.

swing controls how many bars each side of the pivot must dominate.
Lines persist using linebr style so you can see the stair-step of the market.
Use as the foundation for any structure-based system.

Source code

//@version=5
indicator("Swing High/Low with Pivots", overlay=true)
swing = input.int(5, "Swing Length", minval=2, maxval=50)
ph = ta.pivothigh(high, swing, swing)
pl = ta.pivotlow(low, swing, swing)
hiLine = ta.valuewhen(not na(ph), ph, 0)
loLine = ta.valuewhen(not na(pl), pl, 0)
p_Pivot_High = plot(hiLine, "Pivot High", color=color.green, style=plot.style_linebr, linewidth=2)
p_Pivot_Low = plot(loLine, "Pivot Low", color=color.red, style=plot.style_linebr, linewidth=2)
plotshape(not na(ph), "Swing High", style=shape.labeldown, location=location.abovebar, color=color.green, text="H")
plotshape(not na(pl), "Swing Low", style=shape.labelup, location=location.belowbar, color=color.red, text="L")
alertcondition(not na(ph), "Swing High", "New swing high confirmed")
alertcondition(not na(pl), "Swing Low", "New swing low confirmed")

Comments

No comments yet.