Swing Pattern

#What you see

Short vertical ticks: a green tick above a candle marks a swing high, a red tick below a candle marks a swing low. The colors are fixed; Line Color has no effect.

#How it works

The indicator looks at every group of three consecutive candles:

• Swing high: the middle candle's high is higher than the highs of both neighbors.
• Swing low: the middle candle's low is lower than the lows of both neighbors.

A swing is confirmed once the third candle exists, so the tick appears one candle after the swing candle. Groups whose candles are not evenly spaced in time – for example across a gap in the data – are skipped. A wide candle can be a swing high and a swing low at the same time.

#How to read it

These are the smallest possible swing points. They show every minor turn, which makes them useful for reading short-term structure – a sequence of higher swing lows in an uptrend, lower swing highs in a downtrend – and as a reference for where short-term stops tend to sit. On low timeframes they appear on many candles. For fewer, stronger swings use Swing High/Low, which compares more candles on each side.

#Using it in strategies

Swing Pattern is a visual tool: it has no outputs for the Trade Setup or for use indicator in WickScript.

#Settings

Open the settings with the slider icon next to the indicator (Indicators, F3). Numeric settings can be swept as Step 1 / Step 2 parameters when you run a strategy.

#Inputs

#Styles

#Outputs

This indicator draws on the chart only – it has no values for Trade Setup gates or use indicator.