Backtesting Arena

Backtesting Arena

Swing Low

Market Structure· DE: Swing-Low

A local price trough (down-fractal) — a rising sequence of swing lows is the bullish half of market structure.

Calculation
Williams down-fractal (a low with two higher lows on each side); the % change of the last swing low vs the prior one gives the swing-low direction (>+0.5% rising, <−0.5% falling).
Unit & source
pct · tradingstrategies.work BTC Market-Structure (Williams-fractal) methodology

Related terms

Definitions are for research and education. Metrics describe market conditions — not financial advice or a buy/sell signal.