Swings High Low with dates BY Che

I share this simple indicator for free.

The indicator consists of marking the most important swings, either high or low.
So you can analyze how the price interacts in the future with these values.

The original code belongs to another author.
I added the possibility to filter swings between dates, this way only the swings we are interested in between those dates are marked.

Feel free to share and copy this script!


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Profesional trader.


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Hello!, Can anybody explain me this part of the code?

" p = nz(src) //is this the close of len (period)? or 0?
isFound = true
for i = 0 to len * 2 //len =20¿?
if isHigh and src > p
isFound := false
if not isHigh and src < p
isFound := false "
Great indicator.I use it to replace manual drawing R/S to save a lot time especially many markets to review.I use 4 screens to show 5m,1h,D,W and entry by 5m.Is it possible to show Swing High/Low line not only 5m but also 1H,D,W at 5m chart concurrently.Or can check/uncheck to decide whether overlap.Just a thought to share.
Che_Trader david03kimo
@david03kimo, it's a great idea!
Definitely it improve the indicator.

When I have time I will do some of that without a doubt. These days I'm pretty busy with my swing trade btc strategy
david03kimo Che_Trader
@Che_Trader, Ya,Great to hear that.And I trade BTC,too.Thanks for your sharing.
IrelMattola Che_Trader
@Che_Trader, excellent. thank you very much to create this script. it's save a lot of times to draw SR line manually. Waiting for Improvement of the script as @david03kimo mention. Great tools to do price action analysis.
how to add this script in mt4
+3 Reply
Che_Trader ah3272094
@ah3272094, I don't know how to switch this script to MT4 or MT5.
+2 Reply
Is this an intelligent drawing tool, Sir? Does that mean it automatically draws support and resistance based on past significant prices? Can it be installed on MT5? I am a day trader. Is your plugin applicable to any time cycle? thank you
+4 Reply
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