Ron Black Swing Line indicator based on Clear Method

January 26th, 2019, 01:45 PM

Please let me know if this indicator has been developed already for NT8.

https://www.prorealcode.com/prorealtime-indicators/swing-line-indicator-by-ron-black/

Thanks

January 26th, 2019, 02:14 PM

what the indicator is showing. What are hH hL etc? If you attach the original article guys will be more apt to help or chime in.

January 26th, 2019, 02:20 PM

and found the original article pdf via google search. So, the answer...yes I believe this is available or coded easy enough.

Dan

January 26th, 2019, 02:22 PM

wldman

what the indicator is showing. What are hH hL etc? If you attach the original article guys will be more apt to help or chime in.

sorry that I did not provide all the details. This indicator essentially helps to identify price swings. I came across this below article when I was doing some research.

Ron Black?s Clear Method | EdgeRater Blog

January 26th, 2019, 02:41 PM

this is painting a bar to indicate directional change when bar clears the range of some prior bar. A tremendous amount of work exists in this area and related areas. When none of this bar's price points intersect with any price points in a prior bar that new bar is said to be "clear". If the low of the current bar is above the range of some previous bar that is "upward" and vice versa for "downward".

I use a device in a bar counting metric that looks for "if the close of this bar is higher/lower than the close 4 bars ago. Also, you could check out TD Flip or TD MA by Thomas DeMark.

Ron Black Swing Line indicator based on Clear Method

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Ron Black Swing Line indicator based on Clear Method