The Vuman Chu Swing Indicator (Python Implementation)

I recently found the popular Vuman Chu Swing Indicator on TradingView. This indicator has a stunning 3,462 Boost ratings on TradingView, which is pretty amazing when considering that most others only hover between 50 and 600 Boost ratings. If you search for this indicator on Youtube.com, you will find a few strategies that use this indicator.

So I decided to implement this indicator in Python. It’s my first attempt to translate Pine Script to Python so there may be some mistakes. I’d be grateful for any corrections you could provide for me and others in the comments.

This story is solely for general information purposes, and should not be relied upon for trading recommendations or financial advice. Source code and information is provided for educational purposes only, and should not be relied upon to make an investment decision. Please review my full cautionary guidance before continuing.

What is the VuManChu Swing Indicator?

The VuManChu Swing Indicator is a range filter indicator implementation on Tradingview.com. The indicator implementation is based on a range filter script by DonovanWall, which can be found here.

The indicator measures price ranges and changes during a certain time period to determine up- or downward trends.

The script features the range filter itself, up- and downward indicators, high- and low bands and long/short entry indicators.

This indicator is an open-source PineScript implementation licensed under Mozilla Public License v2.0.