Swing Low Multi Time frame Indicator is one of the most advanced indicators based on Swing Low trading strategies. It supports multiple timeframes, i.e. by attaching the indicator on a single chart one can see the Swing Low values for all the other timeframes on a single chart. One would just have to select the timeframes for which he wants to see the calculated values.

Features

• On the chart, one can set the option to view the Swing Low calculated values and the Swing Low graph along with the Swing Low values marked on the graph for all the timeframes.
• Set the condition to check the perfect bar condition for Swing Low calculation.
• Set the number of bars before the current bar to check for the perfect bar criterion.
• Set the number of bars after the current bar to check for the perfect bar criterion.
• View the Swing values of different timeframes on a single chart.
• View the graph of different timeframes on a single chart along with Swing Low calculated values marked on the graph for different timeframes.
• Option to view the Swing Low points on the chart or along with the point values.
• Change the default colors of the text blocks, chart lines and set your own colors.

Inputs

• SHOW_SWING_LOW_M1: Enable/disable for Swing Low calculations on M1 chart.
• SHOW_SWING_LOW_M5: Enable/disable for Swing Low calculations on M5 chart.
• SHOW_SWING_LOW_M15: Enable/disable for Swing Low calculations on M15 chart.
• SHOW_SWING_LOW_M30: Enable/disable for Swing Low calculations on M30 chart.
• SHOW_SWING_LOW_H1: Enable/disable for Swing Low calculations on H1 chart.
• SHOW_SWING_LOW_H4: Enable/disable for Swing Low calculations on H4 chart.
• SHOW_SWING_LOW_D1: Enable/disable for Swing Low calculations on D1 chart.
• SHOW_SWING_LOW_W1: Enable/disable for Swing Low calculations on W1 chart.
• SHOW_SWING_LOW_MN1: Enable/disable for Swing Low calculations on MN1 chart.
• M1_color: Set the text color for M1 calculated value. Create it as you like it best.
• M5_color: Set the text color for M5 calculated value. Create it as you like it best.
• M15_color: Set the text color for M15 calculated value. Create it as you like it best.
• M30_color: Set the text color for M30 calculated value. Create it as you like it best.
• H1_color: Set the text color for H1 calculated value. Create it as you like it best.
• H4_color: Set the text color for H4 calculated value. Create it as you like it best.
• D1_color: Set the text color for D1 calculated value. Create it as you like it best.
• W1_color: Set the text color for W1 calculated value. Create it as you like it best.
• MN1_color: Set the text color for MN1 calculated value. Create it as you like it best.
• SWING_LOW_PLOT_LINE: Enable/disable Swing Low point that will be marked on the chart.
• SHOW_VALUE: Enable/disable Swing Low point that will be marked on the chart.
• SWING_LOW_LEFT_BAR_PERFECT: Check for perfect bar condition on the left of the current bar.
• SWING_LOW_LEFT_BAR_NUMBER: Set how many bars before the current bar the perfect bar condition should check. Set this parameter if have you have enabled the previous parameter.
• SWING_LOW_RIGHT_BAR_PERFECT: Check for perfect bar condition on the right of the current bar.
• SWING_LOW_RIGHT_BAR_NUMBER: Set how many bars after the current bar the perfect bar condition should check. Set this parameter if have you have enabled the previous parameter.
• SWING_LOW_LINEWIDTH: Set the line width for Swing Low line. Create it as you like it best.
• SWING_LOW_LINE_COLOR: Set the line color for Swing Low line. Create it as you like it best.
• SWING_LOW_DIAMOND_SIZE: Set the size of Swing Low points which is shown in diamonds shape.
• SWING_LOW_DIAMOND_COLOR: Set the color of Swing Low points on the chart. Create it as you like it best.
• Diamond_gap (in pips): Set the distance between each Swing Low point values so that they do not overlap each other and become difficult to read.

How to Use

Enable the timeframes for which you want the Swing Low plot.

Example: Suppose you want the plot for H1 timeframe, then set the SHOW_SWING_LOW_H1 input parameter as true.

Swing Low Multi Time frame Indicator is one of the most useful and time saving indicators. Traders can view the Swing Low values for all timeframes on a single chart.