OPEN-SOURCE SCRIPT
SVT Big Swing Capture Early Catch

SVT Big Swing Capture — What It Does
SVT Big Swing Capture is designed to help identify larger CALL and PUT swing opportunities in stocks and ETFs such as SPY and QQQ, rather than short-term scalps.
It uses the 30-minute chart to find the swing, while Daily and 2H provide higher-timeframe context. The indicator looks for an EMA20/EMA50 trend change, then confirms the direction using MACD, RSI, trend expansion, momentum, and market participation.
Quick Trading Rules
Simple idea:
Find the trend → confirm the direction → enter the swing → hold the big move → exit when the trend breaks.
SVT Big Swing Capture is designed to help identify larger CALL and PUT swing opportunities in stocks and ETFs such as SPY and QQQ, rather than short-term scalps.
It uses the 30-minute chart to find the swing, while Daily and 2H provide higher-timeframe context. The indicator looks for an EMA20/EMA50 trend change, then confirms the direction using MACD, RSI, trend expansion, momentum, and market participation.
Quick Trading Rules
- CALL: EMA20 > EMA50, MACD > 0, RSI > 50, and the bullish trend is expanding.
- PUT: EMA20 < EMA50, MACD < 0, RSI < 50, and the bearish trend is expanding.
- Enter when the dashboard shows a valid Fresh, Normal, or Late CALL/PUT setup.
- Once entered, focus on holding the larger trend, not reacting to every small pullback.
- Exit when the indicator prints EXIT, the EMA20/EMA50 trend reverses, the structural stop is reached, or the swing clearly weakens.
Simple idea:
Find the trend → confirm the direction → enter the swing → hold the big move → exit when the trend breaks.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.