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 • 362 days ago #

    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 • 362 days ago #

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

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