FUTURE SWING Trading Guide

The Future Swing [BigBeluga] is a quantitative technical analysis tool. Future Swing [BigBeluga] - Statistical Swing Projection Indicator Ported from Pine Script v6

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• Swing Detection Length (len): Controls the calculation period and sensitivity for market detection.
• Future Projection Offset (offset): Controls the calculation period and sensitivity for market detection.
• Historical Swing Samples (dataqty): Controls the calculation period and sensitivity for market detection.
• Swing Projection Method (calcType): Controls the calculation period and sensitivity for market detection.
• Extend Swing Zones Forward (extendR): Controls the calculation period and sensitivity for market detection.
• Direction (direc): Controls the calculation period and sensitivity for market detection.
• Avg Swing % (swingVal): Controls the calculation period and sensitivity for market detection.
• Projected Price (projectedPrice): Controls the calculation period and sensitivity for market detection.
• Swing Direction (direc): Controls the calculation period and sensitivity for market detection.
• Price vs Projection (projectedPrice): Controls the calculation period and sensitivity for market detection.
• Current Swing % (swingVal): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• buySignal - Fires when a bullish market condition is confirmed.
• sellSignal - Fires when a bearish market condition is confirmed.
• signalDir - Outputs 1 for bullish, -1 for bearish, and 0 when neutral.

2. Filters and Trade Levels

• len - Swing Detection Length value used for structural qualification or thresholds.
• offset - Future Projection Offset value used for structural qualification or thresholds.
• dataqty - Historical Swing Samples value used for structural qualification or thresholds.
• calcType - Swing Projection Method value used for structural qualification or thresholds.
• extendR - Extend Swing Zones Forward value used for structural qualification or thresholds.
• direc - Direction value used for structural qualification or thresholds.
• swingVal - Avg Swing % value used for structural qualification or thresholds.
• projectedPrice - Projected Price value used for structural qualification or thresholds.
• direc - Swing Direction value used for structural qualification or thresholds.
• projectedPrice - Price vs Projection value used for structural qualification or thresholds.
• swingVal - Current Swing % value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.