OPEN-SOURCE SCRIPT
forex swing
It detects swing highs and lows based on a chosen length.
When price breaks these levels, it marks BOS (Break of Structure) or CHOCH (Change of Character).
It tracks the current trend (bullish or bearish) based on these breaks.
👉 Then it adds a filter using the Weekly Pivot:
If price is above Weekly Pivot + bullish structure → green background
If price is below Weekly Pivot + bearish structure → red background
✔️ It also plots the Weekly Pivot line on the chart.
In simple terms:
➡️ It shows market structure (SMC) + confirms it using Weekly Pivot to highlight bullish/bearish zones visually.
When price breaks these levels, it marks BOS (Break of Structure) or CHOCH (Change of Character).
It tracks the current trend (bullish or bearish) based on these breaks.
👉 Then it adds a filter using the Weekly Pivot:
If price is above Weekly Pivot + bullish structure → green background
If price is below Weekly Pivot + bearish structure → red background
✔️ It also plots the Weekly Pivot line on the chart.
In simple terms:
➡️ It shows market structure (SMC) + confirms it using Weekly Pivot to highlight bullish/bearish zones visually.
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。