OPEN-SOURCE SCRIPT
Aktualisiert

Swing Point PnL Pressure

133
This indicator visualizes the cumulative profit potential of bulls and bears based on recent swing highs and lows — offering a unique lens into trend maturity, sentiment imbalance, and exhaustion risk.

🟢 Bull PnL rises as price moves above prior swing lows — reflecting unrealized gains for long positions

🔴 Bear PnL rises as price drops below prior swing highs — capturing short-side profitability

Over time, these curves diverge during strong trends, revealing which side is in control. But when they converge, it often signals that the dominant side is losing steam — a potential turning point where profit-taking, traps, or reversals may emerge.

This tool doesn’t predict tops or bottoms — it tracks the emotional and financial pressure building on each side of the market. Use it to:

Spot trend exhaustion before price confirms it

Identify profit parity zones where sentiment may flip

Time accumulation or distribution phases with greater confidence

Whether you’re swing trading or analyzing macro structure, this indicator helps you see what price alone can’t: who’s winning, who’s trapped, and who’s about to give up.
Versionshinweise
When the bears are making money, that's the market cycle bottom.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.