Description

• Plots the bar no. starting from the bar subsequent to the one where reversal occurs till the next reversal point starting from 1

Interpretation

• The bar number is +ve for bars in upward trend
• The bar number is -ve for the bars in downward trend

Default Parameters Used/Inputs

• High Line
• Low Line
• Reversal Pcnt
• Theoretical

Returns/Output

Swing Bars of the stock

Formula