LT_SmartSwings is a swing-based market structure indicator designed for traders to identify key turning points, market moves, and breakout events with precision and flexibility. It detects swing highs and lows based on price movement percentage, using either fixed or automatic thresholds derived from ATR. The indicator connects key swings with a ZigZag line and provides detailed annotations in five modes, including structure (HH, HL, LH, LL), move percentages, price-only, combined move and price, and comprehensive move data.
Additional features include trend ray projection with multiple filtering options, automatic Fibonacci retracement and expansion levels customizable by the user, and breakout marking that detects both confirmed and false breakouts with persistent historical display. Support and resistance lines can be color-customized.
Use cases cover dynamic support/resistance identification, understanding swing structure and transitions, spotting trend continuation or reversal via Fibonacci levels, visualizing breakout points for trade planning, and integration with existing trading systems or discretionary strategies. It is recommended for manual traders, structure analysts, and confirmation-based strategies, and is intended for use on working timeframes such as M30 or H1. The indicator has been tested on cTrader Windows.