PROTECTED SOURCE SCRIPT
NhaDuHanhFX - Gann Swings
The swings indicator follows the smallest movements of price action. Can monitor and analyze the context of the market, trying to find bias of each timeframe.
If there is a candlestick completely above the previous swinghigh. It shows a good bullish momentum. The market is favoring the upward direction. If the candlestick is still in the previous swinghigh range, it shows a weak bullish momentum. The market is reluctant to go up.
If there is a candlestick completely below the previous swinglow. It presents a good bearish momentum. The market is favoring the downward direction. If the candlestick is still in the previous swinglow range, it shows a weak bearish momentum. The market is reluctant to go down.
If there is a candlestick completely above the previous swinghigh. It shows a good bullish momentum. The market is favoring the upward direction. If the candlestick is still in the previous swinghigh range, it shows a weak bullish momentum. The market is reluctant to go up.
If there is a candlestick completely below the previous swinglow. It presents a good bearish momentum. The market is favoring the downward direction. If the candlestick is still in the previous swinglow range, it shows a weak bearish momentum. The market is reluctant to go down.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.