Swings v3

//@version=5
strategy("Swings", overlay=true)
import andyepartridge/utils/3 as utils

pivotLength = input.int(5)

pivotHigh = ta.pivothigh(close, pivotLength, pivotLength)
pivotLow = ta.pivotlow(close, pivotLength, pivotLength)

var float lastPivotHigh = na
var float lastPivotLow = na

var line stopLossLine = na
var line takeProfitLine = na

// Add stop loss and take profit to keep track of
var float stopLoss = na
var float takeProfit = na

// If no position, reset the stop loss and take profit
if strategy.position_size == 0
    stopLoss := na
    takeProfit := na

// Update last pivot high and low
if not na(pivotHigh)
    lastPivotHigh := pivotHigh

if not na(pivotLow)
    lastPivotLow := pivotLow

// Enter and set the exit for short positions
if strategy.position_size == 0 and not na(lastPivotHigh) and not na(lastPivotLow)
    if close < lastPivotLow
        strategy.entry("Short", strategy.short)
        stopLoss := lastPivotHigh
        takeProfit := lastPivotLow
        strategy.exit("TP / SL", "Short", stop=stopLoss, limit=takeProfit)

// Move the trailing stop for short positions
if strategy.position_size < 0 and not na(lastPivotHigh) and pivotHigh < lastPivotHigh
    stopLoss := pivotHigh
    strategy.exit("TP / SL", "Short", stop=stopLoss, limit=takeProfit)

// Enter and set the exit for long positions
if strategy.position_size == 0 and not na(lastPivotHigh) and not na(lastPivotLow)
    if close > lastPivotHigh
        strategy.entry("Long", strategy.long)
        stopLoss := lastPivotLow
        takeProfit := lastPivotHigh
        strategy.exit("TP / SL", "Long", stop=stopLoss, limit=takeProfit)

// Move the trailing stop for long positions
if strategy.position_size > 0 and not na(lastPivotLow) and pivotLow > lastPivotLow
    stopLoss := pivotLow
    strategy.exit("TP / SL", "Long", stop=stopLoss, limit=takeProfit)

// Plot the stop loss and take profit
plot(strategy.position_size != 0 ? stopLoss : na, title="SL", style=plot.style_linebr, color=color.red)
plot(strategy.position_size != 0 ? takeProfit : na, title="TP", style=plot.style_linebr, color=color.green)

utils.DrawDailyTable()