Description

• Plots a line connecting two swing reversal values on the chart and using line equation Y=mX+C, calculates the line-value at each bar

Interpretation

• If swing interpolation value is high, a trend reversal is expected
• If swing interpolation value is low, the stock remains silent or non trending

Default Parameters Used/Inputs

• Price Line

Returns/Output

Swing interpolation value of the stock

Formula

Y=mX+C
Where Y and X indicate line value and current bar respectively
C is the level