NexusFi: Find Your Edge


Home Menu

 





Price Action Swing Pro


Discussion in Traders Hideout

Updated
    1. trending_up 434 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 1 attachments




 
 

Price Action Swing Pro

 
 Pickles1774 
Pembroke Pines
 
Experience: Beginner
Platform: NinjaTrader
Broker: Ninjatrader
Trading: Futures
Frequency: Daily
Duration: Minutes
Posts: 23 since Nov 2022
Thanks Given: 0
Thanks Received: 2

Hello everyone. This is a snippet from the PriceActionSwingpro indicator. I'm seeking assistance in comprehending the significance behind the numerical values it produces and, crucially, how to skillfully interpret them for effective trading strategies. Any guidance on understanding and utilizing these numbers in the context of trading would be highly appreciated.

Attached Thumbnails
Click image for larger version

Name:	PASP.png
Views:	94
Size:	62.3 KB
ID:	336625  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Futures True Range Report
The Elite Circle
Better Renko Gaps
The Elite Circle
NexusFi Journal Challenge - April 2024
Feedback and Announcements
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Exit Strategy
NinjaTrader
 
 
 alucko33 
New York, NY US
 
Experience: Beginner
Platform: Ninje Trader, Tradestation
Trading: oil
Posts: 12 since May 2013
Thanks Given: 1
Thanks Received: 3

Same concern here. Can someone explain? Even briefly

 
 Pickles1774 
Pembroke Pines
 
Experience: Beginner
Platform: NinjaTrader
Broker: Ninjatrader
Trading: Futures
Frequency: Daily
Duration: Minutes
Posts: 23 since Nov 2022
Thanks Given: 0
Thanks Received: 2


The more I look at it, the more I understand. There are two numbers. Lower numbers are the number of closed bars in the current swing. The high numbers are the key Fibonacci retracement levels include 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Traders and use these levels to identify potential support and resistance areas.

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread

 



Last Updated on December 9, 2023


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts