1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
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
ICT Smart Money - Phase 1: Swing Detection detects swing highs and swing lows over a user-defined lookback period, classifying them into higher highs, higher lows, lower highs, and lower lows. Each confirmed swing is marked with a price label, and an optional zigzag line can connect consecutive swings to display price swings. Configuration settings allow users to adjust the swing detection length and customize label and line colors.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Swing Length
int
5
i_swing_length
Show Swings
bool
true
i_show_swings
Show ZigZag
bool
false
i_show_zigzag
Bullish Color
color
color.new(color.green, 80)
i_color_bullish
Bearish Color
color
color.new(color.red, 80)
i_color_bearish
Neutral Color
color
color.new(color.gray, 80)
i_color_neutral
Show Status
bool
true
plot_status
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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