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FCPO - NSawit Swing Strategy

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This Indicator implements a custom strategy function in an indicator script. It works on a 4-hour time frame and exclusively for the FCPO futures market only.
The NSawit Swing Strategy consists of three main features:

Feature 1: Trade Summary

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This feature utilizes the table function to summarize all completed trades within the current active month. The indicator generates a table that displays relevant trade information like total ticks and profit/loss. For example: table.new(position.top_right, 1, 4, border_width=0)

Feature 2: Active Month Highlight

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The purpose of this feature is to visually mark the beginning and end of the current active month on the chart. It achieves this by dynamically changing the background color within the current active month. For example: bgcolor(Highlight ? ColorBG : na)

Feature 3: Swing Reversal Points

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This feature identifies swing reversal points on the chart by analyzing candlestick patterns and applying a custom matching algorithm.

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If a candlestick pattern matches the specified criteria, the indicator generates a retest box area.

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When the price touches this box, it triggers long or short orders. The relevant data, including entry and exit points, are stored in sets of arrays. These data are then utilized by the Trade Summary table to provide a comprehensive overview of the swing trading activity.

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Take profit and cut loss value can be set in setting.

To view past contracts kindly add this watchlist.
tradingview.com/...atchlists/114756000/
Notas de prensa
Fix the settings menu.
Notas de prensa
Fix tickerID issue
Notas de prensa
Remove tickerID label
Notas de prensa
* Improve the signal condition.
* Restructure summary of trades.
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Added new pattern profile
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*Improve signal
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Added New Long No 9 & Long No 5.
Improve Short No 5 entry point.
Notas de prensa
8.3
Notas de prensa
Shows low-risk signal based on gapless calculation.
Notas de prensa
Fixed typo All -> All
Notas de prensa
CL set 16
Implement proper arrays
Implement Risk Type in menu
Notas de prensa
Fix TV tickerID issue
Notas de prensa
Last version. The next version will continue with the strategy script.

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