TradingView
phi35
3 sep 2016 13:29

Swing Chart V1 by Phi35 ©  

EURO / U.S. DOLLARICE

Beskrivning

With this indicator, which plots the swing chart of the 3 degrees, swing traders can automate their work of tracking the right bars.

How it works:
  • Minor Degree (one bar) (gray)= If the current high is higher than the previous high or the current low is lower than the previous low.

  • Intermediate Degree (two bar) (baby blue)= If the current high is higher than previous and the penultimate high etc.

  • Main Degree (three bar) (red)= If the current high is higher than the previous, the penultimate and the high before penultimate high etc.


Alert:
On crossover there will be an alert (popup with a message) and in addition you will see "diamonds" on the place where the crossover took place


If there is an issue or any suggestions, feel free to contact me. Do not modify the code without permission.
Swing Chart V1 by Phi35 ©

Kommentarer
GoldenRatioTA
@phi35 Thank you for sharing this indicator! I recently started studying Gann's theories and I am trying to find out if there's any way to correctly scale a chart on TradingView to then be able to apply correctly the Gann tools (fan, box, etc.). Do you have any tips on this? Many thanks!
nileshmartin
@MRZSKV, lock the price to bar ratio, or you could.... draw the fibonacci fan from swing low to swing high( using this indicator) and see what matches the gann fan on the 45 degree line lining up with the 1/1
GoldenRatioTA
@nileshmartin, thank you, I'll give it a try!
Salvato
Intrabars should not continue drawing the charts
wf1996
Which time frame to use this?
AriesMusa
Very nice indicator
Mer