Smart Indicator 28 - Swing Pivots (Higher Highs and Lower Lows)

A simple way to find Higher Highs and Lower Lows (HH and LL) whit automatic Fibonacci Lines in the most common levels.

In this indicator the Higher Highs only happens when a high value are rising from each other in the last "Length of Real Pivots" highs and the next same number of highs are falling in every single bar.

The Lower Lows are inverted, LL only appears if a low is falling in every single bar in the last number of length and the lows price of the "n" bars next are rising.

You can use this Indicator in any kind of market.

Notas de prensa:

A fast update just to put more information:

Now the indicator shows the prices in the most common Fibonacci Levels, and I give an options to select the best size.

Notas de prensa:

I add a few more inputs options to help traders.

Now you can select a different symbol as source.
You can use simple pivots and reveal the prices of HH and LL.

The Support and Resistance lines are more editable.


And I will leave a tip for you guys, use the LL and HH levels in this indicator to draw a very good Pitchfan in the Trendlines.

Hope you enjoy!!

See ya!!!