Indicator · Pine Script v4 · Own pane

Cycle Swing Momentum

by mikeyhu70· code credited to CC BY, whentotrade / Lars von Thienen

This indicator plots an adaptive swing momentum oscillator in a separate pane, built from custom moving averages and a cycle length setting.

View on GitHub

Repaints

GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code517
Settings17inputs
LicenceNone stated
Last update6 months ago15 Apr 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Cycle Swing Momentum can read an internal lower timeframe, chosen automatically or by hand, to produce a signal line. Optional divergence detection marks regular and hidden bullish and bearish divergences using pivot lookback and range settings. It provides analysis only and has no entry or exit rules.

Details

Published by

mikeyhu70 on GitHub

Code credit

CC BY, whentotrade / Lars von Thienen, as written in the script's header

Type

Indicator, Pine Script v4

Draws

Separate pane below the chart

Category

Oscillators & momentum, Divergence

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Enable DivergencesboolfalseshowDivergences
cycsint17_cycs
Internal Timeframe to Assess ?stringManualmode_auto_TF
resolution for internal (if manual)timeframeres
Signal Period for Internalint10internal_period
levelingint5_leveling
cyclicMemoryint20_cyclicMemory
iWTT_CSI_processor1int1_iWTT_CSI_processor1
iWTT_CSI_processor2int2_iWTT_CSI_processor2
Pivot Lookback Rightint5lbR
Pivot Lookback Leftint25lbL
Max of Lookback Rangeint80rangeUpper
Show all 17 settings
SettingTypeDefaultVariable
Min of Lookback Rangeint10rangeLower
Plot BullishbooltrueplotBull
Plot Hidden BullishbooltrueplotHiddenBull
Plot BearishbooltrueplotBear
Plot Hidden BearishbooltrueplotHiddenBear
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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