Announcement

Collapse
No announcement yet.

Swing/Pivot on indicator

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Swing/Pivot on indicator

    Sorry for re-posting but I posted this thread in the wrong forum. I meant to post it here but put it in Suggested Studies instead. Can the mods please delete the one in the wrong forum (I couldn't see a way to do that). Thanks.


    Hi. Looking for a little advise or guidance on writing an EFS indicator. I would like to look at local swing/pivot points of an indicator series (such as price oscillator). I'm trying to:
    1) identify local pivot/swing points
    2) look at the retracement from those pivots
    3) discard that data and then start again with the next swing/pivot point

    Click image for larger version

Name:	Page_15-09-01_16-06-10.png
Views:	1
Size:	74.0 KB
ID:	247008

    I searched around the forum and found the realtimeswings.efs in the file sharing library. This applies swing points to the underlying and not any indicator. I'm going to try and modify that formula but before I start, can anyone think of a better starting point and/or a better (simpler) way of doing what I'm trying to do? Many thanks in advance for any thoughts.
Working...
X