What a brilliant but simple indicator! I hate congested charts and here I can have only the info I need- and forget the past! as price draws toward a dotted line I realise there is potential support /resistance ind so can modify my trading and then when the information is no longer necessary- it disappears Beaut!
doppio
Real nice, thanks! One queastion though: is there a reason why the 'strength' min value is 2, not 1? In my trading I use the original Swing indicator for the first swing hi/lo breakout, and would find the strenght=1 highly useful
i believe that the normal swing indicator also has a min strength of 2.
the low and high of the last 2 bars will be painted.
if this isn't correct, i don't know the awnser i only have posted it and not coded it.
Well, I actively use std NT7 Swing indicator with Strength=1. It marks every bar reversal points.
Thanks for the time saver!
Great work, but my sound is not working. Strange. Any idea? Thx
thanks been looking for indicator like this
Great indicator. Thanks!
Great Indicator. What I was looking for was similar to this but not quite the same.
Instead of the lines coming from the highs of the last two or three candles but comeing from the (highest close(or open)) of the last two or three candles. The same would be true of the lows. Instead of the lowest low of the past two or three candles, it would read the lowest close or open of the last three candles.
In other words it would read the highest high of the "bodies" of the candles instead of the wicks and vice versa the lowest low of the bodies of the last two or three candles, and then draw a line from that point.