If you can count to three, you can swing... the key, is the Risk... taking the punches, whence necessary, and keeping your head and margin, ready, to punch back, clean and clear.... CLEEEEEEAAAAAAAAAARRRRRRRRRRRR....
First off, thanks for this wonderful indicator. I've been working to use this great indicator in my strategies with little luck (due to my poor c# skills). Your indicator would seem to do exactly what I need with the Price Swing.
Can you provide an example of code, i am looking to create strategies on lower tops and higher bottoms and spacing between the top and bottoms.
It may be well explained to you but I read the first few pages and have no idea what they are doing or talking about. I am not a programmer, all they talk about is writing code. Not sure how that is a discussion of how to use the indicator..? It is supposed to be voted as the best indicator yet I ave no idea what it is or how to use it, nor can I find any help in the discussion.....not sure how I am supposed to educate myself when I don't find answers to anything...?
@Nalu, one solution is to change in the source code of the PasPro indicator in the "Properties" region the "Category" names of the certain parameters you want to access or change. E.g. change [Category("Divergence")] to [GridCategory("Parameters")].
@charllie1, in the public version the swing values aren't accessible from within a strategy. You have to make the swing values public in the PAS indicator first.
@Patric and @robinlbird, there isn't a short answer to how to use the PAS indicator. It can be used in 1001 different ways. In the end it is just a tool to mark swings and it is up to the user to make sense of it. There are many trading styles which don't require a swing indicator. If it doesn't make sense for you guys, then you probably don't need it.
There are hundreds of books written about swing and pattern trading and a lot of valuable information can be found on futures.io (formerly BMT). You might want to check out "Suri Duddella"s webinar as well.
@Sunil P and @tst1, the moment when the volume histogram changes is when a new swing is found. To catch this moment you can add in the PasOsc "DrawArrow" or "PlaySound" in the "CalcDnSwing" and the "CalcUpSwing" function within the if-statement that checks for "(!updateLow)".
@renvik, I believe lines don't have an "Opacity" property in NT, only colour, dash style and width can be set. To show naked swings only at the right margin the "plot" function has to be overridden which I don't want to override.
Lately there are coming more and more questions and requests how to use the PAS indicator in a strategy. If there are interesting methods I might be interested to discuss them, but due to several reasons I'll not support any basic coding questions how to use PAS in a strategy like "how to access this value", "what does SwingTrend == 1" mean, "how can I make this value public" and so on.
Keep in mind that asking a question takes only a couple of seconds or minutes, but answering them normally takes longer and the sum of many small questions and free requests stealing a lot of time from people, so please do your homework first and think about whether you can answer your question yourself, then search for the answer and first if you get stuck ask the question. This will help you to trust yourself more and others to save time. I don't mean this personally to anyone, but rather general.
Nevertheless I created a sample code snippet to get people started.
For the values from the PasPro indicator use an analogous approach. Just make sure if you want to use ABC or divergence signals you have set the variables "abcPattern" and "divergenceMode" in the source code to something else than "False".
The following 19 users say Thank You to dorschden for this post:
First of all, I would like to sincerely thank Dorschden for such an amazing indicator. I just discovered this recently and have been experimenting with it.
I downloaded the latest zip file which includes the PriceActionSwing, PriceActionSwingPro, and PriceActionSwingOscillator Indicators, and have loaded them on my charts. Everything looks great except for one problem I'm having with the oscillator.
Under "Settings", when I set the "Choose Indication" parameter to "Volume", it shows the Developing Swing Volume Histogram, but no Swing Trend bar. When I change the parameter to "Trend", it shows the trend bar, but no volume histogram. I would like to see both of these, but can't figure out how to make that happen. What am I doing wrong? Any assistance would be greatly appreciated.