# Swing Magnitude Filters Swing Magnitude Filters confirms a swing only after price reverses a full threshold, 3.0 x ATR(14) by default, or a percentage or point distance, drawing the filtered zigzag over the faint raw candidate structure it replaces. A dashboard reports noise removed, average leg size, confirmation delay and flip progress, and quiet stretches flag possible ranges. - Indicator in the LuxAlgo Library, by LuxAlgo, published May 28, 2026. - Access: free. - Concepts: [Swing Magnitude Filters](https://www.luxalgo.com/library/concept/swing-magnitude-filters/) (primary) - Open on Vela: https://vela.luxalgo.com/chart?pineScriptCodeId=antf962gpoh7ln3ye2not9xx - Page: https://www.luxalgo.com/library/indicator/swing-magnitude-filters/ **Swing Magnitude Filters** applies a pure [swing magnitude filter](https://www.luxalgo.com/library/concept/swing-magnitude-filters/) to structure detection: a provisional extreme becomes a confirmed swing only once price reverses the full threshold. The filtered zigzag draws solid over a faint raw candidate layer from a small bar-count rule; the gap between the layers is the noise the filter removed, quantified in a dashboard alongside average leg size, confirmation delay and flip progress. ## How to Trade the Swing Magnitude Filters? - **Filtered swing confirmed**: the reversal traveled the full threshold. Structure at your scale has genuinely turned. - **Confirmation trigger line**: the dashed level where the pending reversal completes; with an ATR threshold it breathes with volatility. - **Quiet stretch highlight**: no leg has cleared the threshold for the configured stretch. The silence flags a possible trading range, a cue to swap breakout for rotation tactics. Magnitude labels print each confirmed leg's travel in the active unit; the newest leg stays provisional: until a reversal travels the full threshold, its extreme can still be replaced. ## Swing Magnitude Filters Settings - **Threshold Type** (default ATR Multiple): ATR scales with volatility, Percentage tracks price, Points is absolute. - **ATR Multiple** (default 3.0) with **Length** (default 14): the volatility-scaled threshold. - **Percentage** (default 5.0) and **Points** (default 10.0): the other modes' thresholds. - **Swing Source** (default Wicks): highs and lows, or Close to ignore wicks. - **Show Raw Swings** (default enabled) and **Candidate Pivot Length** (default 2): the unfiltered comparison layer. - **Quiet Stretch (bars)** (default 50) with **Highlight Quiet Stretches** (default enabled). - Style and dashboard toggles cover the provisional leg, trigger line, magnitude labels, line width and panel position. ## Frequently Asked Questions ### How is this different from a standard ZigZag? A [ZigZag](https://www.luxalgo.com/library/indicator/zigzag/) shows only the finished result. This build exposes the machinery (raw candidates behind filtered legs, the live trigger, magnitude labels, filter statistics), making the threshold a measured choice rather than a guess. ### Which threshold type should I choose? ATR Multiple keeps the swing count steadier across regimes, hence the default. Percentage compares cleanly across instruments but over-counts when volatility expands; Points suits a single contract and needs retuning after big drift. ### Why do swings confirm bars after the actual extreme? That lag is the price of the filter: a swing only exists once the counter-move proves its size. The confirm-delay row reports the average cost in bars. A larger threshold buys cleaner structure at later confirmation. ## Related indicators - [Structure & Trend Dashboard](https://www.luxalgo.com/library/indicator/structure-trend-dashboard/) (Swing Structure Grammar): markdown at https://www.luxalgo.com/library/indicator/structure-trend-dashboard.md - [HTF Swing Structure Signals](https://www.luxalgo.com/library/indicator/htf-swing-structure-signals/) (Swing High/low): markdown at https://www.luxalgo.com/library/indicator/htf-swing-structure-signals.md - [Price Action Concepts](https://www.luxalgo.com/library/indicator/luxalgo-price-action-concepts/) (Swing Structure Grammar): markdown at https://www.luxalgo.com/library/indicator/luxalgo-price-action-concepts.md - [Market Structure & Fibonacci Zones + RR](https://www.luxalgo.com/library/indicator/market-structure-fibonacci-zones-rr/) (Swing Structure Grammar): markdown at https://www.luxalgo.com/library/indicator/market-structure-fibonacci-zones-rr.md - [Liquidity Sweeps](https://www.luxalgo.com/library/indicator/liquidity-sweeps/) (Swing High/low): markdown at https://www.luxalgo.com/library/indicator/liquidity-sweeps.md - [Liquidity Swings](https://www.luxalgo.com/library/indicator/liquidity-swings/) (Swing High/low): markdown at https://www.luxalgo.com/library/indicator/liquidity-swings.md - [Support & Resistance Pro Toolkit](https://www.luxalgo.com/library/indicator/support-resistance-pro-toolkit/) (Swing High/low): markdown at https://www.luxalgo.com/library/indicator/support-resistance-pro-toolkit.md - [Structural Leg Profiler](https://www.luxalgo.com/library/indicator/structural-leg-profiler/) (Zigzag Structure): markdown at https://www.luxalgo.com/library/indicator/structural-leg-profiler.md --- Source: https://www.luxalgo.com/library/indicator/swing-magnitude-filters/ (LuxAlgo Library). Free to use with attribution: https://www.luxalgo.com/library/license/