Support Board
Date/Time: Sat, 17 Jan 2026 19:11:15 +0000
Market Structure MSL/MSH many levels incorrect
View Count: 33
| [2026-01-17 13:59:20] |
| TopGunTrader - Posts: 265 |
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Hi, Was happy to find this indicator until I realized many swing levels are completely wrong. I don't know algo used to do this but generally a swing high has3 bars to the left of it it is HIGHER than and its higher than 3 to the right. I coded this up with black arrows marking what I consider valid swings, no algo way will catch every swing perfectly and there will be exceptions to this rule for valid swings that don't fit this criteria. In picture below I started in the middle and numbered incorrect swing highs and lows. There were 9 that are totally wrong. I labeled with an A the number of times a swing is correct but my 3 back and 3 forward algo failed to show correct level. So in this example mine was wrong 3 times vs 9 for how this is done now. I think there has to be an OPTION for number of bars to the left/right and let the end user determine what THEY consider a correct swing. Also I noticed for labels there is no way to color a HH green and a LH red and same for LL and HL. I would love to see the SLOPE option for coloring work. |
 Capture.PNG / V - Attached On 2026-01-17 13:49:33 UTC - Size: 225.18 KB - 15 views |
| [2026-01-17 14:16:40] |
| DFromeaux - Posts: 25 |
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Hi, To achieve this, you can simply use the ZigZag study. Zig Zag You can customise the % of retracement to adjust the sensitivity and show the Dow markers ( HH, HL, LL, LH ) and many more options. The study is native, and cost nothing. Have a nice day. |
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