All indicators

Intermarket Swing Projection

By LuxAlgoDec 10, 2025

Static chart image

Intermarket Swing Projection redraws the swing structure of any external symbol directly on your chart, rescaled so both markets share one price axis: intermarket analysis without leaving the active symbol. Each swing from the second market becomes a z-score, then is re-expressed through the average and standard deviation of your own chart's swings, so an index, metal, currency, or crypto series plots in levels your symbol understands.

How to Trade the Intermarket Swing Projection?

  • ZigZag mode: follow the external market's swing highs and lows alongside your own to compare trend phase, timing, and volatility.
  • Horizontal Levels mode: projected swing extremes extend forward, and the active symbol often treats them as support or resistance, confluence sourced entirely from another market.
  • Average color mode: levels below the mean print bullish, above it bearish; Pivot mode colors swing lows bullish and swing highs bearish.
  • Structural divergence: when the two structures stop confirming each other, look for leading or lagging behavior between the markets.

Pivot Length tunes how significant a swing must be, Show Last bounds how much structure stays visible, and Spread widens the levels into volatility-adjusted zones. Backpaint plots swings at their true historical location, which keeps past studies honest.

Intermarket Swing Projection Settings

  • Ticker and Timeframe: the external market and the timeframe its swings are detected on.
  • Show Last: number of swing points displayed.
  • Pivot Length: swing sensitivity. Higher values keep only broader pivots.
  • Spread: expands or contracts the projected levels without touching swing detection.
  • Backpaint: anchors swings at their historical bars rather than at detection.
  • Style: zigzag and level visibility, color mode, and colors.

Frequently Asked Questions

Free indicator

Get free access to this indicator on the platforms below.

TradingView
NinjaTrader
MetaTrader 4/5
Original indicatorBuilt in-house by LuxAlgo

The Library is free. Quant makes it yours.

Pull any concept or indicator into Quant: rebuild it, retune it, or turn it into a backtested strategy of your own.