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Date/Time: Mon, 23 Dec 2024 22:58:47 +0000



Post From: The Swing High and Low study

[2015-10-13 21:12:01]
User35326 - Posts: 57
SC :

I have an idea to increase the effectiveness of the swing high and low study. If you would add a line giving the time that the swing was made from high to low, that would be very useful, in my opinion. The reason I think so is because now if this study is set to a length of say 12 bars, then it moves the arrow up or arrow down back in time, as it should, and then displays the proper arrow when the length and the allow equal high/low bars setting reach their trigger point. However, when going back in time and back testing with this study, it is tough to say exactly when the appropriate arrow was printed on the chart. In other words, just note the time in your code and then place the time above the down arrow or above the up arrow. I hope this makes sense. I would find this a very useful addition to the swing high and low study. Obviously, as an example, the arrow would be placed at 9:50:00 but the actual time the trigger was set off might have been 10:17:23. So the chart would then not only display the arrow on the chart at 09:50:00 but also a line item above the arrow with the time of 10:17:23, since that is the time the trigger for the arrow was reached.

I hope this makes sense. It would greatly increase the usefulness of this study, in my opinion.

Thanks.