Technical Indicators for MetaTrader 5

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HighLow Swing MT5

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Information

Indicators
MetaTrader 5
Dora Nafwa Mwabini
1.0
5

Overview

HighLow Swing — Trend & Swing Detection Indicator

Description:
HighLow Swing is a powerful trend and swing detection indicator designed to help traders easily identify key market turning points and trend directions on any chart timeframe. It highlights significant swing highs and lows, draws trend circles based on swing structure, and helps you stay ahead of the market momentum with clear visual signals.

Key Features:

  • Swing Point Detection: Automatically detects and marks important swing highs and swing lows on the chart with clear colored circles.
  • Trend Identification: Uses swing high/low analysis combined with price action to determine market trend — Bullish, Bearish, or Neutral.
  • Visual Trend Signals: Displays intuitive circles showing the current trend direction directly on the chart.
  • Configurable Lookback Period: Customize the sensitivity of swing detection with an adjustable lookback period to suit different markets and timeframes.
  • Lightweight & Efficient: Optimized to run smoothly on all symbols and timeframes without slowing down your platform.
  • Easy to Use: Simple inputs with clear visual outputs make this indicator suitable for beginners and experienced traders alike.

Input Parameters

Parameter

Description

EnableTrendDetection

Toggle ON/OFF the trend detection system. Use this to enable or disable trend arrows and lines.

SwingLookback

Number of bars used to identify swing highs and lows. Higher values detect bigger swings but slower signals. Default is 20 bars.                                                   

 

How to Use

  1. Attach the indicator to your chart.
  2. Adjust the SwingLookback value to control how sensitive the swing detection is.
  3. Observe the swing points marked with red (highs) and blue (lows) circles.



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