Swing across a Moving Average
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PST.I-SWING is a price swing indicator. It plots lines at the top of the swing high and at the bottom of the swing low. The plotted lines start at the swing point and extends up to the parameter “RightStrength”.
Description
A Swing point indicates strong price reversal chart pattern. When it is combined with moving average, then the location of the swing becomes more useful in analyzing price swings. This indicator plots swing high above the moving average and swing low below the moving average.