SWH and SWL: MT5 market structure indicator for clearer swing high and low signals

SWH and SWL review for 2026 examines performance and provides a practical analysis of how the indicator responds in live market conditions. In this review and analysis we focus on objective metrics such as win rate, average trade duration, and drawdown observed during forward testing. SWH and SWL stands out because it isolates meaningful swing points by checking a defined number of candles on both sides of each bar, reducing subjective interpretation of pivots compared with manual observation. The algorithm evaluates local maxima and minima by verifying that a candidate candle is higher or lower than neighboring bars within the configured range. This deterministic rule set makes SWH and SWL predictable and easy to integrate into quantitative strategies on MT5. The indicator performs best on 1-hour to daily charts where structure is clearer, but can be scaled to 15-minute frames with adjusted sensitivity. Risk management is not automated inside the indicator, so traders pair SWH and SWL with strict stop, take profit, and position sizing rules. Expected performance characteristics include moderate trade frequency with higher-quality setups and fewer false breakouts when parameters are tuned. Across tested symbols SWH and SWL produced consistent pivot identification, enabling strategy developers to capture directional moves with defined risk. The developer, Aiman Saeed Salem Dahbag, provides parameter explanations and sample settings that help users adapt the tool to their preferred markets and timeframes.