PROTECTED SOURCE SCRIPT
Swing % Visualizer
Swing % Visualizer is a clean, intuitive indicator that automatically detects pivot points (swing highs and lows) and displays the percentage change between each swing directly on your chart.
█ HOW IT WORKS
The indicator uses pivot detection logic to identify significant turning points in price action. When a new pivot is confirmed, it calculates the percentage move from the previous pivot and displays it as a label:
- Green labels show upward moves (rallies)
- Red labels show downward moves (pullbacks/corrections)
█ FEATURES
- Automatic pivot detection with adjustable sensitivity (Lookback parameter)
- Minimum move filter to ignore small, insignificant swings
- Real-time statistics panel with iOS-inspired design displaying:
- Average Up/Down percentages
- Maximum Up/Down moves
- Total swing count with breakdown
█ USE CASES
- Quickly assess the typical retracement depth of an asset
- Identify changes in volatility by comparing swing sizes
- Understand average rally/pullback percentages for better position sizing
- Compare swing behavior across different timeframes
█ SETTINGS
- Pivot Lookback: Number of bars to confirm a pivot (higher = fewer, more significant pivots)
- Minimum Move %: Filter out swings smaller than this threshold
- Visual customization: Label size, colors, show/hide options
Works on all markets and timeframes.
█ HOW IT WORKS
The indicator uses pivot detection logic to identify significant turning points in price action. When a new pivot is confirmed, it calculates the percentage move from the previous pivot and displays it as a label:
- Green labels show upward moves (rallies)
- Red labels show downward moves (pullbacks/corrections)
█ FEATURES
- Automatic pivot detection with adjustable sensitivity (Lookback parameter)
- Minimum move filter to ignore small, insignificant swings
- Real-time statistics panel with iOS-inspired design displaying:
- Average Up/Down percentages
- Maximum Up/Down moves
- Total swing count with breakdown
█ USE CASES
- Quickly assess the typical retracement depth of an asset
- Identify changes in volatility by comparing swing sizes
- Understand average rally/pullback percentages for better position sizing
- Compare swing behavior across different timeframes
█ SETTINGS
- Pivot Lookback: Number of bars to confirm a pivot (higher = fewer, more significant pivots)
- Minimum Move %: Filter out swings smaller than this threshold
- Visual customization: Label size, colors, show/hide options
Works on all markets and timeframes.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.