Williams Swings V2 (ST/IT/LT + B…: Free TradingView Indicator (Pine Script)

Add It to Your TradingView Chart

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

Williams Swings V2 (ST/IT/LT + BOS) flags break-of-structure events and optional critical-break and key-warning alerts. Settings control strict inside-bar detection, whether an intermediate swing must make a lower high or higher low, and whether arrows appear only when the notional direction flips. Drawing and signal lookbacks limit how far history is shown. Structure updates only on confirmed bars.

Short, intermediate and long-term zigzags
Key and critical swing levels
Break of structure alerts
Direction-flip signal filter
Confirmed-bar structure updates

Details

Published by

Ayandashaun on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

File

WilliamSwingv2.pine

Repository

github.com/Ayandashaun/Pinescript. See its other scripts in the library

Settings

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

Setting	Type	Default	Variable
Strict inside bar	`bool`	`false`	`inpStrict`
Require lower IT high / higher IT low	`bool`	`true`	`inpReqLower`
Signal only on direction flip	`bool`	`false`	`inpFlipOnly`
Replay bars	`int`	`1000`	`inpReplay`
Warm-up lookback (bars)	`int`	`2000`	`inpWarm`
Zigzag ST	`bool`	`true`	`inpShowZZ_ST`
Zigzag IT	`bool`	`true`	`inpShowZZ_IT`
Zigzag LT	`bool`	`true`	`inpShowZZ_LT`
Levels ST	`bool`	`false`	`inpShowLv_ST`
Levels IT	`bool`	`true`	`inpShowLv_IT`
Levels LT	`bool`	`true`	`inpShowLv_LT`
ST colour	`color`	`color.new(#1E90FF, 0)`	`inpColST`

Show all 26 settings

Setting	Type	Default	Variable
IT colour	`color`	`color.new(#FFA500, 0)`	`inpColIT`
LT colour	`color`	`color.new(#FF0000, 0)`	`inpColLT`
ST width	`int`	`1`	`inpWidST`
IT width	`int`	`2`	`inpWidIT`
LT width	`int`	`3`	`inpWidLT`
Draw back (bars)	`int`	`2000`	`inpDrawBack`
Debug log	`bool`	`false`	`inpDebug`
BOS signal	`bool`	`true`	`inpAlertBos`
Critical break ST	`bool`	`false`	`inpAlertCritST`
IT	`bool`	`true`	`inpAlertCritIT`
LT	`bool`	`true`	`inpAlertCritLT`
Key warning ST	`bool`	`false`	`inpAlertKeyST`
IT	`bool`	`false`	`inpAlertKeyIT`
LT	`bool`	`false`	`inpAlertKeyLT`

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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