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Recent Swing High/Low Lines With Stats Table

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Swing-Based Volatility

This indicator measures volatility using the distance between recent swing highs and swing lows rather than fixed averages like ATR. Each swing captures a meaningful shift in market control, making this a structure-aware view of volatility.

The tool calculates and plots the average swing range over time, highlighting when the market is expanding (wide swings, high volatility) or contracting (tight swings, low volatility). These phases can help traders identify breakout potential, adjust stop-loss or profit targets, and align position sizing with current market conditions.

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