Armand.trade47

This indicator automatically identifies high-probability swing highs and swing lows (potential tops and bottoms) in the market. It uses a combination of price action analysis and volatility filters to highlight key levels where the market has shown strong reactions in the past.

The detected levels can act as potential support or resistance zones, offering traders an objective reference for trade planning.
When price approaches one of these levels, traders can look for confirmation signals (such as candlestick patterns, momentum shifts, or volume spikes) to enter high-quality trades with a favorable risk-to-reward ratio.

Main Features:
• Automatic detection of recent and historical swing highs/lows.
• Clearly plotted levels that update in real time.
• Adjustable sensitivity to control how frequently new levels appear.
• Works on all timeframes and asset classes (forex, crypto, stocks, indices).
• Designed to be used in combination with confirmation signals, not as a standalone entry trigger.

How to Use:
1. Wait for price to approach a marked swing high or swing low.
2. Observe the price reaction and look for confirmation patterns (e.g., pin bars, engulfing candles, divergence).
3. Place trades in line with your strategy, using the plotted level as a reference for stop-loss and take-profit placement.

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If you want, I can also prepare a shorter, marketing-style version that sounds more catchy for the TradingView description so it grabs traders’ attention faster. That works really well in the script marketplace.