Swing High/Low Pivots Strategy [LV]

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The Swing High/Low Pivots Strategy was developed as a counter-momentum trading tool.
The strategy is suitable for any market and its default input values are set to fit BTC 15min.
Check tooltips in the settings menu for more details about user inputs.

Trades Entry based on the detection of swing highs and lows for short and long entries respectively, validated by:

• Limit orders placed after each new pivot level confirmation
  
• Moving averages trend filter (if enabled)
  
• No active trade
  

Trades Exit when the price reaches take-profit or stop-loss level as defined in the settings menu. A double entry/second take-profit level can be enabled for partial exits, with dynamic stop-loss adjustment for the remaining position.

Swing High/Low Pivot Detection
Employs ta.pivothigh and ta.pivotlow to detect higher highs (HH), lower highs (LH), higher lows (HL), and lower lows (LL).

Trend Filter
Integrates a moving average filter to validate trade entries based on the current trend observed at Pivot. Supports multiple moving average types, including EMA, SMA, WMA, HMA, VWMA, VWAP, and more.

Alerts
Configurable alert messages are suitable for API use.

Visuals

• Moving average
  
• Pivot markers
  
• Limit lines
  
• Stop-loss
  
• Take-profit
  

Any feedback, comments, or suggestions for improvement are always welcome.
Hope you enjoy ;)