PseT Swing Failure Pattern (SFP)

23 thg 4, 2020

This indicator highlights SFPs (Swing Failure Patterns).

A SFP occurs when the current candle takes out a previous swing high but closes below it (or takes out a previous swing low but closes above it). We usually look for a reversal after a SFP.

24 thg 4, 2020

Phát hành các Ghi chú

Alerts have been added.

How to configure an alert:
- Click on the "Create Alert" button
- In the 1st dropdown menu, select "PseT SFP"
- In the 2nd dropdown menu, select "High SFP" or "Low SFP"
- In the Options section, select "Once Per Bar Close" <== IMPORTANT

The rest of the options are up to you.

24 thg 4, 2020

Phát hành các Ghi chú

Minor correction

14 thg 2, 2022

Phát hành các Ghi chú

Added a new alert whether the SFP is a high or a low.