jdlim

SFP alters

This is very much a work in progress. Based on the teachings of Trader Dante.
What I'm trying to do is identify swings and then create an alert if there is a trade through the swing and a close below it (plus optional parameters),
not meant for automate trading or anything but just to alert that there might be a nice setup brewing.
The alerts currently only look at the most recent swing but if I get it working nicely I'll try to add an option to select a lookback period. Could maybe define a trading range or something.

Main Conditions for Alerts.
The candle trades above the swing high and then trades below it (option to require it to close below).
There is no other candle, since the swing, that has traded through it.

Optional conditions for Alerts.
Wick sizes in comparison to the candle, candle body and each other.
Require candle to be confirmed.
Require candle ofter "swing failure" to be confirmed.



Links to my other indicators
TD sequential indicator


TD alternatives


RSI with a horizontal line


Plot MAs



Average directional index with directional movement indicator


Market Hours


Referral Links
Bitmex 10% fee discount for 6 months
https://www.bitmex.com/register/Ilzb0e
TradingView (50% off after trial period ends)
https://tradingview.go2cloud.org/SH2Hg

Tip Jar
BTC: 1FgEeDDMF7QKydQPJVCDjp7ypjREp8XG6c
LTC: LM9KsXz7GUxCN9g9EjTC8ayviDEmBK14rw
Release Notes: Added an option to require the candle following the SFP to close below it for swing high (above for swing low)
Release Notes: v1.02
You can now set a static timeframe and thus, view the swing points of higher timeframes when changing down or vice versa.
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Very impressed! Would I be able to have access please?
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Hi i was looking for a SFP recognition indicator, yours looks awesome , may i try it please ? thanks
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Hi JD,

Great script! Would you be able to grant me permission to use it, please?

Thanks a lot in advance and keep up the awesome work!
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Hi,

Great would I be able to use it pls?
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Hello.

I've heard a lot about this script.

May I use this script?

Thank you
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Hi,

I would love to try this, would it be possible to get access?

Cheers
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Hello I’d like to try this.
Thank you
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Hi, can i try this? thanks!
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hello, can I have access to this? Thanks!
+1 Reply
Hey, can I have access?
+1 Reply
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