Swing Magnitude Filters

Swing Magnitude Filters applies a pure swing magnitude filter 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?

Which threshold type should I choose?

Why do swings confirm bars after the actual extreme?