This indicator is suitable for users who want to check trend by using historical candlestick swing with the "before 2 bars with after 1 bar" concept only as follow:-
Swing High (SH) Definition is the high of "N-1" candlestick is higher than the high of "N", "N-2", and "N-3" candlestick, and the high of "N-2" candlestick is higher than the high of "N-3" candlestick.
Swing Low (SL) Definition is the low of "N-1" candlestick is lower than the low of "N", "N-2", and "N-3" candlestick, and the low of "N-2" candlestick is lower than the low of "N-3" candlestick.
However, this indicator also provides a moving average for trend confirmation. Users can choose from a number of Moving Averages, including the EMA , SMA , HMA , RMA, WMA , DEMA , TEMA , VWMA , and VWAP.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.