LastManStanding Swing indicator

v10.3
LastManStanding Swing indicator

This indicator is about Dow’s theory, it detects the highs and lows of a trend to clearly identify trends or periods when the market is in range.
It has major points (based on a long-term calculation) and minor points (calculated on a short term). These periods are of course adjustable, it also includes a moving average of type and adjustable period to match your style of ‘swing trader’.

Converted from an MQL4 code, by a request in the Italian trading indicator’s forum.

 

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Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

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  1. swapping • 11/14/2017 #

    Merci Nicolas, voila encore un bon indicateur visuel pour les tendances…

  2. Genotik • 11/14/2017 #

    Un Indicateur bien pratique à intégré dans sa stratégie, Thanks ! 🙂

  3. DaxRider • 11/14/2017 #

    Thanks Nicolas
    Nice Job

  4. klaus • 11/14/2017 #

    Hi Nicolas,
    this indicator is repainting, is it?

    • Nicolas • 11/14/2017 #

      There’s no repainting indicator in prorealtime. But this one plots the points afterwards of course. There’s always a delay to be sure a higher high is really one!

  5. HerveS_67 • 11/14/2017 #

    Attention, regardez bien la construction du code !!!
    Les points bleu s’affichent entre barindex-1 & barindex-10
    Les points violet s’affichent entre barindex-1 & barindex-26
    Donc décalage…

  6. wintreb • 11/14/2017 #

    Un outil très visuel et utile
    Merci

  7. darbes • 11/14/2017 #

    Hi Nicolas
    How could I use the indicator in a strategy ? Coding do not recognize the indicator.
    Tku
    JC

    • Nicolas • 11/14/2017 #

      What do you want to do exactly? Because dots are plotted afterwards..

  8. rama • 11/14/2017 #

    I want to place buy or sell order just after the last man , what is the code to use ? i tried to place buy or sell instead of drawtext it is not working

    • Nicolas • 11/14/2017 #

      But it should, please open a new specific topic in the ProOrder automatic trading forum.

  9. Jean-Claude REGIS • 11/14/2017 #

    Bonjour
    Quel est le retard d’affichage des points mineurs et majeurs ?
    Merci de votre rep Cordialement

    • Nicolas • 11/14/2017 #

      Désolé, je ne comprends pas la question 🙂

  10. tjrp_fr • 11/14/2017 #

    Très intéressant, merci !

  11. niroy2000 • 11/14/2017 #

    Please help the above is not working for me

    • Nicolas • 11/14/2017 #

      what is not working please? attach the indicator on your price chart and it should work correctly.

  12. Admiral • 134 days ago #

    Do the dots appear on the candle close or after a certain amount of candles?

    • Nicolas • 131 days ago #

      Yes that’s right, they are painted backwards.

  13. Louloute • 49 days ago #

    Bonjour Nicolas,
    Je ne comprends pas bien la fonction des 2 lignes ci-dessous, pourriez-vous m’expliquer brièvement ?
    hhminorprice=0
    llminorprice=close*1000
    Pourquoi ne pas partir avec les valeurs des premières chandelles ?
    Merci.

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