Swingcounter indicator – Nico Bakker

JohnVS · 2017-03-22T15:09:17+00:00

Hi, I would like to know if anyone is familiar with the swingcounter by TA analyst Nico Bakker Its a counter that checks for a prise being higher then the 3 days before and then puts a 1 above the prise. This should continue until a maximum of 9. Same counts for the lower. It should look like the picyure below. Thank for any help rgd John

Viewing 7 posts - 1 through 7 (of 7 total)

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03/22/2017 at 4:09 PM #29462 quote

JohnVS
Participant

Junior

Hi,

I would like to know if anyone is familiar with the swingcounter by TA analyst Nico Bakker

Its a counter that checks for a prise being higher then the 3 days before and then puts a 1 above the prise. This should

continue until a maximum of 9. Same counts for the lower.

It should look like the picyure below.

Thank for any help

rgd

John

Voorbeeld.png

03/22/2017 at 4:38 PM #29468 quote

GraHal
Participant

Master

I’m not and it doesn’t look I will be 🙂 after a very brief search on google … I youtube video in german? ha I’ll see if video can be auto-translated.

Looks straightforward though … I guess after 9 bars we are at a likely turning point / top / bottom?

I’d like to test it out if we can get it coded?

Thanks
GraHal

PS Oh here we are … I’ll check this out http://www.nicoprbakker.nl/educatie/

03/22/2017 at 6:41 PM #29487 quote

JohnVS
Participant

Junior

Hi Grahal

After #9 the run is done or should be done in any case 9 is the maximum Up or down.

After that cycle starts over.

On the 10th bar it should check again and start with 1 if the condition is reached again either up or down

Yes that website should make it all clear.

thanks for your help in advance

rgds

John

03/22/2017 at 7:48 PM #29500 quote

Nicolas
Keymaster

Legend

If you explain me how it counts from 1 to 9 (the condition), I could help to make the indicator.

03/22/2017 at 8:02 PM #29502 quote

JohnVS
Participant

Junior

Hi Nicolas

The upswing should start if the opening price is higher then the closing price of 3 days ago

It should check that until the maximum of 9 is reached then it should always stop. 10 can never be there

For the downswing the same; opening price should be lower then the closing price of 3 days ago again with 9 as maximum

If the price keeps going up or down a new swing starts with 1 again with 1 day in between the 9 and first new 1

After a reversal it is possible to go directly to 1, so if there is a upswing till 9 and the price goes way down (see condition) it should start to count the other way

Please check the picture i included in the previous post.

Hope this helps a little

thank in advance

rgds

John

03/26/2017 at 11:48 AM #29904 quote

JohnVS
Participant

Junior

I see my last post didnt come through.

So here again. the number i gave was incorrect it should be 4 days back not 3.

Hope you can work something out

rgds

John

03/28/2017 at 11:14 AM #30103 quote

Nicolas
Keymaster

Legend

We are discussing about the swingcounter indicator in this topic now: (translation from a ProTrader code)

https://www.prorealcode.com/topic/rewrite-code-to-prorealtime-code/#post-30082
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