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kopp777  
#1 Posted : Wednesday, July 16, 2014 4:33:21 PM(UTC)
kopp777

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Hello - Do any indicators or third-party add-ons exist whereby swing highs and lows can be identified on a daily price chart? I am looking for something relatively straightforward such as a high followed by two lower highs would be considered a swing high. It does not have to be exactly like this, but something similar.

Thanks

FormulaPrimer  
#2 Posted : Wednesday, July 16, 2014 6:19:02 PM(UTC)
FormulaPrimer

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Profitunity expert and or your standard PS fractal experts will have it. Check if they are password protected.


kopp777  
#3 Posted : Thursday, July 17, 2014 12:04:46 PM(UTC)
kopp777

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Thanks for your help. The Profitunity expert looks ideal at identifying swing high/lows, however it is password protected. Any idea on how to access the formulas used to identify the swing points?

Thanks again.

FormulaPrimer  
#4 Posted : Thursday, July 17, 2014 4:01:09 PM(UTC)
FormulaPrimer

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Do a search for profitunity indicators and or fractals.
If memory serves henry1224 did extensive work on it.

henry1224  
#5 Posted : Sunday, July 20, 2014 4:28:40 PM(UTC)
henry1224

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This indicator is called Swing by Rodney. I don't know the author

Code:
 RSSwing:=Reaction() AND Ref(Rally(),-1);RallyHi:=ValueWhen(1,Rally(),H);RISwing:=ValueWhen(1,RSSwing,RallyHi)<ValueWhen(2,RSSwing,RallyHi)AND ValueWhen(2,RSSwing,RallyHi)>ValueWhen(3,RSSwing,RallyHi)AND RSSwing;
SwingHi:=ValueWhen(2,RISwing,H);RLSwing:=ValueWhen(1,RISwing,SwingHi)<ValueWhen(2,RISwing,SwingHi)AND ValueWhen(2,RISwing,SwingHi)>ValueWhen(3,RISwing,SwingHi)AND RISwing;
SSSwing:=Rally() AND Ref(Reaction(),-1);ReactionLo:=ValueWhen(1,Reaction(),L);SISwing:=ValueWhen(1,SSSwing,ReactionLo)>ValueWhen(2,SSSwing,ReactionLo)AND ValueWhen(2,SSSwing,ReactionLo)<ValueWhen(3,SSSwing,ReactionLo)AND SSSwing;
SwingLo:=ValueWhen(2,SISwing,L);SLSwing:=ValueWhen(1,SISwing,SwingLo)<ValueWhen(2,SISwing,SwingLo)AND ValueWhen(2,SISwing,SwingLo)>ValueWhen(3,SISwing,SwingLo)AND SISwing;
RSSwing;RISwing*2;RLSwing*3;-SSSwing;-SISwing*2;-SLSwing*3
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