LETHINH-Swing pa,smc

🟦 📌 Title (English)

Swing High / Swing Low – 3-Candle Fractal (5-Bar Pivot) | Auto Alerts

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🟩 📌 Short Description

A clean and reliable swing high / swing low detector based on the classic 3-candle (5-bar) fractal pivot. Automatically marks SH/SL and triggers alerts when a swing is confirmed. No repainting after confirmation.

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🟧 📌 Full Description (for TradingView Publishing)

🔶 Swing High / Swing Low – 3-Candle Fractal (5-Bar Pivot)

This indicator identifies Swing Highs (SH) and Swing Lows (SL) using the classic 3-candle fractal pattern, also known as the 5-bar pivot.
It marks swing points only after full confirmation, making it highly reliable and suitable for structure-based trading.

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🔶 📍 How It Works

A swing is confirmed when the center candle is higher (or lower) than the two candles on each side:

Swing High (SH)

high[2] > high[3], high[1], high[0]

Swing Low (SL)

low[2] < low[3], low[1], low[0]

The confirmation occurs after 2 right candles close, so the indicator does not repaint once a swing is identified.

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🔶 📍 Key Features
• Detects clean and accurate swings
• Uses pure price action — no indicators, no lag
• Marks swing high (SH) and swing low (SL) directly on the chart
• Non-repainting after confirmation
• Works on all timeframes and all markets
• Extremely lightweight and fast
• Includes alert conditions for both SH and SL

Perfect for traders using:
• Market Structure (BOS / CHoCH)
• Order Blocks (OB)
• Smart Money Concepts (SMC)
• Liquidity hunts
• Wyckoff
• Support/Resistance
• Price Action entries

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🔶 📍 Why This Indicator Is Useful

Swing points are the foundation of market structure.
Accurately detecting them helps traders:
• Identify trend shifts
• Spot BOS / CHoCH correctly
• Find key zones (OB, liquidity levels, supply/demand)
• Time entries more precisely
• Avoid fake structure breaks

This indicator ensures swings are plotted only when fully confirmed, reducing noise and confusion.

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🔶 📍 Alerts

You can create alerts for both conditions:
• Swing High Confirmed
• Swing Low Confirmed

Recommended settings:
• Once per bar close
• Open-ended alert

With alerts enabled, TradingView will automatically notify you every time a new swing forms.

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🔶 📍 No Repainting

Once a swing is confirmed and plotted, it will not change or disappear.
This makes the indicator reliable for real-time alerts and backtesting.

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🔶 📍 Pine Script (v5)

Paste your indicator code here if you want it visible.
Or leave the code hidden if you are publishing as protected.

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🔶 📍 Final Notes
• This indicator focuses on confirmation, not prediction
• It is designed for clean structure reading
• All markets supported: Forex, Crypto, Stocks, Indexes, Commodities
• Suitable for scalping, intraday, swing, and even higher-timeframe trading

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