bigbeluga futureswing indicator formula to calculate swing 1 and swing 2

 The Future Swing indicator by BigBeluga does not use fixed "Swing 1" and "Swing 2" math formulas. Instead, it detects pivot highs and lows using a lookback window, tracks past percentage moves, and projects future swing targets using statistical averages (mean, median, or mode). [1, 2]

Core Concepts and Mechanics

Swing Detection: Scans for local structural peaks and troughs based on a user-defined lookback length.
Percentage Tracking: Measures completed directional swing legs as absolute percentage changes (\(\vert{}High - Low\vert{} / Low \times 100\)).
Statistical Projection: Applies an average, median, or mode calculation across a set number of historical swing samples to project the next leg. [1, 2]