Swing Force

SETTING MANUAL

1/ What is the Swing Force indicator? 

Introduction: 

  • The Swing Force indicator for TradingView is made to identify high-probability trading setups, including trend continuations and reversals.
  • This tool is suitable for various markets and is effective for any trading timeframe, from short minutes to extensive months.

Benefits:

  • High-Probability Reversals: It excels in identifying divergences, which are often precursors to significant price reversals, providing traders with a competitive edge.
  • Market Adaptability: Whether in forex, stocks, or indices, the Divergence Solution performs consistently, offering valuable insights regardless of market conditions.
  • Strategic Trade Management: By offering clear stop loss and take profit suggestions, it empowers traders to manage their positions effectively and with confidence.
  • Customizable Alerts: Stay informed with real-time alerts for potential trades, fully customizable to fit your trading style and needs.
  • Easy to Use: The Swing Force Indicator has a simple and clear interface, making it a great tool for both beginner and experienced traders.

2/ Indicator Setting - Divergence Solution

Nearest Bars Count: Set the number of bars to consider for identifying the nearest trading signals.

Signal Proximity Limit: Adjust the threshold for how close a signal should be to be considered valid.

Z: the factor with a default value of 0.5 used in the algorithm of the indicator

Use Daily ATR: Toggle whether to use the Average True Range (ATR) based on daily data for calculations.

ATR Period: Define the time period over which the ATR is calculated.

Fast MA Period: Set the period for the fast Moving Average.

Slow MA Period: Set the period for the slow Moving Average.

MA Method: Choose the type of Moving Average - Simple, Exponential, Smoothed, or Weighted.

Applied Price: Select the price type (like close, open, high, low, etc) to apply the Moving Average.

Display Swing Line: Turn on or off the display of the swing line on the chart.


Styling:

Signal Line Width: Adjust the thickness of the signal line.

Signal Line High Color: Choose the color for the high points of the signal line.

Signal Line Low Color: Choose the color for the low points of the signal line.

Swing Line Width: Set the thickness of the swing line.

Swing High Color: Select the color for the high points of the swing line.

Swing Low Color: Select the color for the low points of the swing line.

Trend Text Color: Choose the color for the trend text.

Buy Text: Customize the text displayed for buy signals.

Sell Text: Customize the text displayed for sell signals.

Buy Text Color: Set the color for the buy text.

Sell Text Color: Set the color for the sell text.

Buy/Sell Arrow Size: Adjust the size of the buy and sell arrows.

Max Back Bars: Define the maximum number of past bars the indicator should consider in its analysis.


  • How can I set up alerts?

To stay updated on potential trading opportunities, you can set up alerts within the Swing Force.

Step 1: From the indicator settings, customize your alerts by defining your desired parameters. The selected configurations will be used for notifications in Step 2.

Step 2: To receive notifications through the app, pop-ups, alert emails, Webhook URL, sound alerts, or email-to-SMS, enable these features by clicking on TradingView's “Alert” icon.

Step 3: Select Swing Force from the “Condition” dropdown list:

Step 4: A pop-up will appear as follows. You click on “Notifications”.

Step 5: You choose the types of notifications you'd like to receive and click the “Create” button.