Forex Tester Forum (Professional Training Software for Traders)

[cheshire]

Can somebody make a swing point high and low for FT?

Swing point high = For a valid swing point high, highest high for the next six candle

Swing point low= For a valid swing point low, lowest low for the next six candle.

Starting of the next swing point will be on the 6th candle of the swing point. Do let me know. I can attach some pic if you need some example.

[cheshire]

It will be like this

↓ Potential and Actualized Swing Low Coding Snippet
For each successive bar read …
If the SuccessiveLows counter is greater than 6
Then the PotentialSwingLow becomes an ActualizedSwingLow.Reset the SuccessiveLows
counter to 1 and record theActualizedSwingLow. Mark the current bar as the
“new”PotentialSwingLow.
Else If the low of the new bar yields a lower low than thePotentialSwingLow
Then that bar replaces the PotentialSwingLow. Reset theSuccessiveLows counter to
one.
Else if the low of the new bar yields a higher low than theprevious low bar
Then increment the SuccessiveLows counter by one
The same coding snippet would apply to swing highs as well.
↓ Potential and Actualized Swing High Algorithm Snippet
For each successive bar read …
If the SuccessiveHighs counter is greater than 6
Then the PotentialSwingHigh becomes an ActualizedSwingHigh.Reset the
SuccessiveHighs counter to 1 and record theActualizedSwingHigh. Mark the current
bar as the “new”PotentialSwingHigh.
Else If the high of the new bar yields a higher high thanthe PotentialSwingHigh
Then that bar replaces the PotentialSwingHigh. Reset theSuccessiveHighs counter
to one.
Else if the high of the new bar yields a lower high thanthe previous high bar
Then increment the SuccessiveHighs counter by one

[cheshire]

Here's the video of how to mark a valid swing point create by me.

http://youtu.be/BviWDejFk7I

[cheshire]

Hopefully someone can make me the indicator...your help is really appreciated

[yameen.forex]

Has anyone already programmed swing point high and low indicator? Please share it. Your help would be highly appreciated.