PROTECTED SOURCE SCRIPT
Tradehook.tech-MTMGBS-SwingStructure

Tradehook.tech-MTMGBS- SwingStructure
### Multi-Level Swing Point Detection & Trend Structure
**Category:** Market Structure | **Overlay:** Yes | **Complexity:** ⭐⭐⭐
#### Description
SwingStructure provides clean identification of swing highs and swing lows at multiple levels (minor, intermediate, major), plotting the market's structural rhythm. Understanding swing structure is fundamental to all price action trading methods.
#### Swing Classification
| Level | Strength | Typical Use |
|-------|----------|-------------|
| Minor (S=3) | 3 bars each side | Scalping, micro entries |
| Intermediate (S=5) | 5 bars each side | Day trading, swing entries |
| Major (S=10) | 10 bars each side | Swing trading, trend bias |
#### Key Parameters
| Parameter | Default | Range | Description |
|-----------|---------|-------|-------------|
| `swingStrength` | 5 | 2-20 | Bars required on each side |
| `showMinor` | true | - | Display minor swing points |
| `showMajor` | true | - | Display major swing points |
| `showConnections` | true | - | Draw lines between swings |
#### Trend Determination via Swings
| Swing Pattern | Trend | Action |
|---------------|-------|--------|
| Higher Highs + Higher Lows | UPTREND | Buy dips to swing lows |
| Lower Highs + Lower Lows | DOWNTREND | Sell rallies to swing highs |
| Higher Highs + Lower Lows | EXPANSION | Range breakout possible |
| Lower Highs + Higher Lows | CONTRACTION | Prepare for breakout |
#### Best Use Cases
✅ Trend direction confirmation
✅ Support/resistance identification
✅ Pattern recognition foundation
✅ Stop loss placement (behind swings)
### Multi-Level Swing Point Detection & Trend Structure
**Category:** Market Structure | **Overlay:** Yes | **Complexity:** ⭐⭐⭐
#### Description
SwingStructure provides clean identification of swing highs and swing lows at multiple levels (minor, intermediate, major), plotting the market's structural rhythm. Understanding swing structure is fundamental to all price action trading methods.
#### Swing Classification
| Level | Strength | Typical Use |
|-------|----------|-------------|
| Minor (S=3) | 3 bars each side | Scalping, micro entries |
| Intermediate (S=5) | 5 bars each side | Day trading, swing entries |
| Major (S=10) | 10 bars each side | Swing trading, trend bias |
#### Key Parameters
| Parameter | Default | Range | Description |
|-----------|---------|-------|-------------|
| `swingStrength` | 5 | 2-20 | Bars required on each side |
| `showMinor` | true | - | Display minor swing points |
| `showMajor` | true | - | Display major swing points |
| `showConnections` | true | - | Draw lines between swings |
#### Trend Determination via Swings
| Swing Pattern | Trend | Action |
|---------------|-------|--------|
| Higher Highs + Higher Lows | UPTREND | Buy dips to swing lows |
| Lower Highs + Lower Lows | DOWNTREND | Sell rallies to swing highs |
| Higher Highs + Lower Lows | EXPANSION | Range breakout possible |
| Lower Highs + Higher Lows | CONTRACTION | Prepare for breakout |
#### Best Use Cases
✅ Trend direction confirmation
✅ Support/resistance identification
✅ Pattern recognition foundation
✅ Stop loss placement (behind swings)
Geschütztes Skript
Dieses Script ist als Closed-Source veröffentlicht. Sie können es kostenlos und ohne Einschränkungen verwenden – erfahren Sie hier mehr.
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VISIT FOR GIVEAWAYS AND DISCOUNTS!!
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PROPRIETARY TRADING SOFTWARE
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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.
Geschütztes Skript
Dieses Script ist als Closed-Source veröffentlicht. Sie können es kostenlos und ohne Einschränkungen verwenden – erfahren Sie hier mehr.
U cant change what U don't measure, U cant measure what U don't track. Journal the damn thing!
VISIT FOR GIVEAWAYS AND DISCOUNTS!!
makingtradesmatter.carrd.co/
PROPRIETARY TRADING SOFTWARE
TradeHook.Tech
Beta Testers Wanted!
VISIT FOR GIVEAWAYS AND DISCOUNTS!!
makingtradesmatter.carrd.co/
PROPRIETARY TRADING SOFTWARE
TradeHook.Tech
Beta Testers Wanted!
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.