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TM_SWING_LEVEL

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Swing level Indicator shows overall market price structure of market for Swing Position.
Terminology Use ==> Price Line, Price Level name and Price level

Timeframe ==> Use proper Signal with swing trend on 1 Hour or Upper time frame (Best if Use with 1 Hour chart or 1 Day chart).

What to Identify ==> Overall market price structure for the Swing Period

How to Use ==>

There are Many Line in price level chart

Green/red with Solid for important area of support or resistance

other dotted lines are for retracement or extension of prices.

Important Structure==> Price behaviors on all lines of possible support and resistance

Use market structure, chart pattern, trend lines for more support.

Entry ==>
Let’s wait the proper area of support or resistance (Area of Value in case of trend pattern use)

Exit ==>
SL of swing high/low out of market structure with proper risk management and target with proper Risk/ Reward Ratio
Notes de version
Label position update
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Price level update
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Value Addition
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Update in Data Value
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Update Values
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Updates

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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.