Attachments forums

List of attachments posted on this forum.


All files on forums: 163070

Re: MT4 Indicator requests and ideas

tayna13, Mon Apr 15, 2019 11:57 am

mrtools

Swing +1 starts when a candle closes higher then the 3 candles before. And the swing -1 starts when the candle closes lower then 3 candles before. When a Fully swing has appeared (Swing 1 -> 9) it stops counting because the 10th candle is called the resting candle. If the 11th candle also closes higher then the 3 candles before the swing starts again at swing 1 (in green colour and red for -1). Also if a swing doesn’t succeed in reaching number 9, the swing has failed and an “F” letter appear above or below the candlestick.
All files in topic