OPEN-SOURCE SCRIPT
Swings
Swing High and Swing Low as discussed in Bounce Theory
A Swing Low is the low of the candle that has a higher low on either side. A Swing High is the high of the candle that has a lower high on either side.
In the case of Swing High, the high of the neighbour candles are lower than the high of the main candle itself.
In the case of Swing Low, the low of the neighbour candles are higher than the low of the main candle itself.
A Swing Low is the low of the candle that has a higher low on either side. A Swing High is the high of the candle that has a lower high on either side.
In the case of Swing High, the high of the neighbour candles are lower than the high of the main candle itself.
In the case of Swing Low, the low of the neighbour candles are higher than the low of the main candle itself.
Get trades instantly and discuss them with me at my Slack Channel @ unofficed.com/chat/
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Get trades instantly and discuss them with me at my Slack Channel @ unofficed.com/chat/
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Our community is full with traders who actually trade!
Telegram: t.me/unofficed
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.