Non-Repainting Swing Pivots with Delayed Confirmation and Alerts

Summary

This indicator marks swing highs and lows on a chart with separate arrows, using left-side and right-side bar counts to define each pivot. A high or low is confirmed only after the specified number of candles have closed to its right. That confirmation delay is the basis for the non-repainting claim: once displayed, a pivot arrow should not move or disappear. The marked points can be used to read market structure or connect potential support and resistance trendlines.

The indicator can also send a push notification to MetaTrader’s mobile app or an email when a new pivot is confirmed, with each swing reported once. The description lists controls for pivot strength, arrow symbols, and alert settings, and says it works across symbols and timeframes. It provides no test results or guidance on using pivots as trade entries. Because confirmation waits for later candles, the marker is delayed; the text does not quantify that lag or establish that the resulting levels predict future price behavior.

Key ideas

• Swing pivots are defined by the number of candles on both sides of a candidate high or low.
• A pivot appears only after the required right-side candles close, creating a confirmation delay.
• The indicator marks confirmed highs and lows with arrows and can trigger push or email alerts.
• The description supports chart-structure analysis but offers no evidence that pivots produce profitable trades.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.