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Current Swing

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The Current Swing indicator automatically identifies the most recent valid Swing High and Swing Low points on a higher timeframe (e.g., 3m) and projects key Fibonacci retracement levels directly onto your lower timeframe chart (e.g., 1m).

Pullback Depth Analysis: Maps out the 0%, 40%, 50%, 60%, and 100% levels of the active swing range to gauge market retracement depth.

Trend Continuation Insight: Helps you instantly assess whether price is holding premium/discount zones or pulling back too deeply, indicating whether a continuation is likely or if the structure is failing.

Sweep Protection: Filters out noise by only plotting confirmed swings that have remained unswept for a customizable period, keeping your chart clean and focused on valid structure.
Informacje o Wersji
This update introduces zero-lag realtime range expansion, ensuring the 0% and 100% levels dynamically anchor directly to the exact bar where each swing point originates instead of lagging behind.
Informacje o Wersji
The order of 40% + 60% were corrected.
Informacje o Wersji
The script was updated to ensure minor internal pivot highs no longer overwrite the major swing high during an ongoing move. Additionally, direction detection was fixed so that 0%, 100%, 40%, and 60% levels automatically flip and align correctly based on whether the market structure is bullish or bearish.
Informacje o Wersji
This update introduces an ATR-based minimum range filter and longer pivot lookbacks to effectively ignore minor price noise and lock onto true macro market structure swings.

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