Forums ProRealTime English forum ProOrder support Rewrite SwingTeller code from binck ProTrader to Prorealtime code Reply To: Rewrite SwingTeller code from binck ProTrader to Prorealtime code

#31142

Fantastic!

Well, it is called a swingcounter and it’s main job is to signal a reversal.

when a full swing +9 or -9 has appeared the chances of an upcoming bottom or a top increases a lot. A fully upswing +9 combined with a red 10th candle suggest to exit your long position. Its the same for a downswing -9 combined with a 10th green candle means exit your short position.

This indicator combined with the bollingerbands RSI works fantastic!