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Swing High Swing Low Identifier (MT5) — review, price and free alternatives
MT5 indicatorfree on MQL5by Philani Mthembu
Swing High Swing Low Identifier is a free MetaTrader 5 indicator by Philani Mthembu on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Swing High Swing Low Identifier — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Philani Mthembu
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Swing High Swing Low Identifier on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Swing High/Low Identifier The Swing High/Low Identifier is a custom MetaTrader 5 (MT5) indicator designed to highlight significant swing points on your chart.
Before you use Swing High Swing Low Identifier
What the developer claims
- This indicator identifies and marks swing highs and swing lows based on a configurable range of bars.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Swing High Swing Low Identifier
Compiled from its public MQL5 listing. FxRobotEasy has not traded Swing High Swing Low Identifier; what these notes say about how it works comes from that listing.
Overview
Swing High Swing Low Identifier by Philani Mthembu represents a comprehensive automated trading solution for MT5 traders. What sets Swing High Swing Low Identifier apart is its balanced approach to trade execution and capital preservation.
Risk notes
Swing High Swing Low Identifier implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Philani Mthembu
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Swing High Swing Low Identifier on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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Swing High Swing Low Identifier or Trendopedia AI?
| Swing High Swing Low Identifier | Trendopedia AI | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Philani Mthembu | FxRobotEasy |
Swing High Swing Low Identifier — questions
What is Swing High Swing Low Identifier?
Swing High Swing Low Identifier is a MetaTrader 5 indicator published on the MQL5 Market by Philani Mthembu, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Swing High Swing Low Identifier work on MT4 or MT5?
Swing High Swing Low Identifier runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Swing High Swing Low Identifier free to download?
Yes -- Swing High Swing Low Identifier is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2025-11-27. The file is downloaded from the developer's (Philani Mthembu) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for Swing High Swing Low Identifier?
FxRobotEasy has not traded Swing High Swing Low Identifier on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Swing High Swing Low Identifier elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.