OPEN-SOURCE SCRIPT
Next Level Swing Timer
This script identifies high-momentum candles in alignment with the trend, helping you trade with confidence. It uses a combination of ATR (Average True Range) increases and specific candle parameters, such as current candle median moves relative to the previous candle median and body size also relative to the previous candle body, to highlight potential trade setups.
Trends are determined using highs and lows from the zigzag indicator. Two higher lows confirm an uptrend, while two lower lows signal a downtrend. A new trend can only start when the previous one ends, ensuring clarity in market direction.
By combining momentum detection with trend confirmation, this script provides clear, actionable signals for trend-following strategies. It’s designed to simplify decision-making and keep your trading in alignment with the market.
It’s up to you how to use the signals, but I recommend entering around the middle of the marked candle and setting your stop just above or below it after entry.
Trends are determined using highs and lows from the zigzag indicator. Two higher lows confirm an uptrend, while two lower lows signal a downtrend. A new trend can only start when the previous one ends, ensuring clarity in market direction.
By combining momentum detection with trend confirmation, this script provides clear, actionable signals for trend-following strategies. It’s designed to simplify decision-making and keep your trading in alignment with the market.
It’s up to you how to use the signals, but I recommend entering around the middle of the marked candle and setting your stop just above or below it after entry.
Script open-source
In pieno spirito TradingView, l'autore di questo script lo ha pubblicato open-source, in modo che i trader possano comprenderlo e verificarlo. Un saluto all'autore! È possibile utilizzarlo gratuitamente, ma il riutilizzo di questo codice in una pubblicazione è regolato dal nostro Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
Vuoi usare questo script sui tuoi grafici?
Check out my GitHub: github.com/dominikduda
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.