Category: Reversal Sales and Support: 022 - 4091 8900

Study Name -
Swing of Average

 
 

Description

  • Plots a line with the values for Swing reversal of moving average of input line
 

Interpretation

  • A trend reversal occurs in the selected moving average
  • This indicator helps in finding support and resistance areas
 
 

Default Parameters Used/Inputs

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  • High Line
  • Avg Type
  • Avg Bars
  • Reversal Pcnt
  • Theoretical
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Returns/Output

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Swing average value of the stock

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Formula

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SwingAvg[X]=SwingRev(MA(I[X],R,At),P,T)
where R=1..AvgBars, At is the Average type, T indicates theoretical flag and P indicates reversal percentage

 
 
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