MT4 "Swing High · Swing Low Pro" to enhance environmental awareness and trading edge
MT4 "Swing High / Swing Low Pro" can be used toincrease environmental awareness and trading advantage.
Campaign ongoing, so please take advantage of it.
- Standardize environment recognitiontoimprove the level of market analysis.
- Uptrend view (buy market)・Downtrend view (sell market)is visible at a glance
- With Swing High / Swing Lowclearly shows high・lowon the chart
- Retracement high・pullback lowdisplayed on the chart as lines
- Trend reversalis visually identifiable
- Follow the trend with Dow Theory.
- Can be used for trailing stops.
- Multitimeframe (MTF) analysis is possible.
- Trend reversalalerts notify.
- Trend reversal can be set to eitherclose price confirmationortick (wick)as a selection
- Alerts includealert sound,alert dialog,push notification to MT4 on smartphone,emailnotification
- Display multiple MTFs on one chart andtoggle display of each MTF with keyboard.
- No repaint
- Fast response when switching currency pairs and timeframesis.
A chart sample shows nicely declining retracement highs. The blue line on the lower chart is the retracement high.
Highs and lows based on Swing High / Swing Low are shown with "○", while retracement highs and pullback lows are shown with "●".
Horizontal lines can be shown/hidden by parameters. You can also set the length of display extending to the right.
The lower chart is a sample where a downtrend turns into an uptrend, then turns back into a downtrend. The blue line is the retracement high, and the red line is the pullback low.
When retracement highs and pullback lows are displayed as lines, trend judgment becomes clearer.
Since retracement highs and pullback lows follow the trend, you can adjust your stop (manual trailing stop) accordingly to protect profits while limiting losses.
[Link to blog indicator page]
[Link to GogoJungle download page]
