Swing High and Low

The Swing High and Low indicator is used to display the expected reversal points. In the chart, the red line shows sell reversal points, while the green one shows buy reversal points.

The indicator view in the chart.

Image 37004


The indicator has the following parameters:

Image 37005


Settings

Period - setting of the indicator calculation period.

Include Equal High Low - include bars with equal high and low when calculating.

Common

Source - setting of the indicator calculation parameters:

  • Open
  • High
  • Low
  • Close
  • Volume

Drawing

Panel/Moving average period - selection of the indicator location in the chart:

  • New panel
  • Chart

Highest, Lowest

Show value - display of the indicator value on the price scale on the left.

Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.

Color - color setting of the indicator.

Visual type - visual setting of the indicator display in the chart:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow
  • Axis label
  • Hide

Line style - setting of the line display style:

  • Solid
  • Dash
  • Dash - dot
  • Dash - dot - dot

Width - setting of the indicator line width.

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