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A round of applause to the developer of this indicator. I was wondering if anyone has a successful way of trading this that they would be willing to share. Could you also share statistics proving your strategy?
Very cool time-saver if I can get it to work with my style of trading...
1. I'm having a hard time getting the plot itself moved to the left or the right so I can actually see it without a huge mess being plotted over top of my Cam/Floor pivots and current price bars... do I need to go into the code to adjust and if so, where?
2. I notice that 0 and 100 are placed at the top/bottom of the actual candle bodies themselves rather than the tips of the wicks/shadows/tails... Over the years, when it comes to fib retrace/exten. I have found incorporating the wicks is far more effective, especially when it comes to short term moves... how do I adjust it to include the wicks? thanks.
3. how can I get the plot to address the larger more recent move rather than the tiniest little move, which can often be less consequential or important? How do I get it to focus on the larger more important swing moves? thanks
4. Does anyone find themselves going into the indicator throughout the session, sometimes having to completely deselect all three because manual is the only way to go... or selecting and unselecting (current vs. last vs. extensions)...
5. Is there any way to get it to just focus on the larger moves within a certain time frame.
There has obviously been a lot of work done here... a level of coding that is waaaay over my head
Probably a very basic question but havent found a clear answer searching this thread.
So please anyone feel free to answer.
I do not fully understand why one swing ends and another starts. I use the cumulative volume as in the pic attached. My swing setting is 5. I have read the explanation of swing strength on post 1. But
I am not clear on exactly what has happened for the swings to reset at the vertical lines shown.
Can someone please enlighten me?
thanks
edit: I have since found reference to the repainting that occurs with this volume plot - that explains a lot.
If you have your swing type = Ticks and swing size = 7, then say price has been moving up, it will only pick up a swing down once price has fallen by 7 ticks, and the line continues to move down until price rises by 7 ticks.
If swing type = Standard and swing size = 7, if price and the swing has been moving up, then if the low of the latest bar is lower than the previous 7 bars, you get a swing low and the start of a downward swing.
Hi folks, just wondering if the developer could add in an addition to the swing TYPE paramaters, in that having a swing based on numbers of atr's is a very effective swing trend identifier as it alters swings sizes according to market volatility. I have referenced an attached article that indicates some basic information.
I am not sure if I am doing something wrong, however when I put the Swing and Oscillator indicators on a chart together and leave as default, the swings match the oscillator.
When I go to parameters and choose "Use close values" the Swing and Oscillator no longer match. The Swing occurs 2 bars before the Oscillator changes (or the Osc is 2 bars later than Swing) ...
The settings in both indicators are set up the same and both are set to use "Use close values".
Is there something I need to do or is this an undocumented feature?
Does anyone have a sample indicator and/or strategy that accesses the PAS indicator/s for NT8?
I have tried referencing the sample strategy written earlier in this forum, however this appears to be written for NT7 and I have been unable to get the sample code to work with NT8 and have not managed to find an answer in the remaining pages since an NT8 version of the indicator was published.
There seems to be a lot of random comments/suggestions on the forum, but I have seen nothing definitive so if anyone does have a simple sample for NT8, either an indicator or a strategy, it would make an unproductive, swearword generating (I thought learning ninjascript would teach me a new language, not new ways to say bad things) weekend much more tolerable.
In case there is confusion about the "pro" version. The PriceSwingAction package comes with 3 indicators bundled inside, one of which is PriceSwingActionPro, the others being PriceSwingAction and PriceSwingActionOscillator.
A search under downloads for PriceSwingAction will also do the trick.
