Indicators

Swing High Swing Low

Developer: FXCM

Swing High Swing Low Indicator plots a dotted line where levels of support or resistance have formed. By examining those support and resistance levels, traders can then create their own entries, stops and profit targets.

By adjusting the Strength parameter, users can adjust the frequency of highs and lows identified by the indicator.

INPUTS

The following are inputs available in the application:

  • Strength: Strength of support/resistance levels. Indicates how many bars are used to calculate where the dotted lines are plotted.
Risk Disclaimer

The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.

Requirements

This Indicator is only compatible with FXCM Trading Station Desktop software. Additionally, an FXCM account is required (including free FXCM demo accounts).