Swing PatternsMetatrader Indicator
Swing Patterns is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature.
The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct.
Swing trading offers timing and protection against being whipsawed because trends created out of noise or volatility never present swings: for the most part, only established trends present swings.
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