Market structure calculator

The structure

Uptrend: higher highs and higher lows. The close, 2,443.60, is above the last swing high: the trend is pushing on to a new high.

The last swings

The last swing high is a higher high (2,358.70) and the last swing low a higher low (2,311.70).

The line to watch

The uptrend holds while the price stays above the last higher low, 2,311.70 (131.90 below the close): a close under it is the first sign of a turn. Trend traders buy pullbacks that hold above it and keep the stop just under it.

How the swings are found

A swing high is a bar whose high is above the 2 bars on each side; a swing low the same with lows. In these 80 bars there are 8 swing highs and 12 swing lows. The last 2 bars can't hold one yet.

Read it with care

Structure describes what the swings did, not what they will do. In a choppy market the labels flip often; on a higher timeframe they change less.

The last swing points, newest at the bottom (marked): how many bars ago, high or low, the level, and how it compares with the swing of the same kind before it.

Education only, not investment advice. The answer comes from the numbers you typed in, not from your account or the market. Simulated results are hypothetical and have limits: real trading has slippage, gaps, changing results and emotions. Trading leveraged products can lose money quickly, including all of it. Risk warning