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Swing high

A local peak: a bar whose high is higher than the N bars on each side.

A swing high is a local peak in price — a bar whose high is greater than the highs of the N bars immediately before and after it. The choice of N (the 'left' and 'right' look-back) controls how strict the definition is: N = 1 is a fractal, N = 3 or N = 5 is more selective.

Swing highs are the building blocks of every market-structure analysis: they define the highs that subsequent prices must break to confirm continuation, and the levels at which short stops are normally placed.

Because a swing high requires N bars to its right to confirm, it is always identified after the fact — a price that looks like a swing high in real time can still be invalidated if the next N bars print a higher high.

Esempio

With N = 3, a bar at price 52,000 is a swing high if the 3 bars before it and the 3 bars after it all printed highs below 52,000.

Come Noon Barbari usa Swing high

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Swing detection in the indicators

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