The Swing indicator will plot dot lines that represent the swing points based on the swing length input(number of bars to the left and right of the swing point). Swing highs and lows can be used by traders to identify possible areas of support and resistance, which can then be used to determine optimal positions for stop-loss or profit target orders. If an...
EXPERIMENTAL: Measures the volatility range of current price range, can help detect squeezes as well explosive moves
Very simple indicator showing stock price's low / high range swing of the bars for of selected time interval. Helps determine trading range of the stock price. Depending on the price movement direction during interval bars on the graph changing colors Also shows averaged price range line.
EXPERIMENTAL: Request for oct15joe: SR lvls preliminary version
EXPERIMENTAL: (republishing, previous had alot of lines crowding the chart) MTF Range Swing.
EXPERIMENTAL: swing directional bias convergence.
The Accumulation Swing Index is a cumulative total of the Swing Index. The Accumulation Swing Index was developed by Welles Wilder. The SwingIndex function was developed to help cut through the maze of Open, High, Low and Close prices to indicate the real strength and direction of the market. The Swing Index function looks at the Open, High,...