Swing break
A confirmed swing taken out by a close.
A confirmed swing is passed by a closing price. A wick through it is not enough — that is an attack, not a break.
Knowable only once both were: the swing and the break.
Names
Neutral: Swing break / Swing-Bruch. ICT: Break of Structure, short BOS.
Settings
Hold bars (default 1) requires the break to hold for that many closes.
Max. age of the swing (bars) (default 200, range 1–500) says how long a confirmed swing stays a break candidate. Without it every swing stays one forever, and a single candle can end up taking four levels at once. The default is wide on purpose — turn it down if you only want recent structure to count.
Swing method defaults to N-bar fractal with lookback 3. Williams fractal and ZigZag are available too; ZigZag uses a reversal of 0.005 of price by default. Lookback only applies to N-bar; ZigZag reversal only applies to ZigZag.