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I day trade only. US Equities RTH 09:30-16:00. Also, for analysis and strategy, I don't really pay much attention to what goes on outside RTH.
Thus, I have no interested in creating swings between gaps.
I already have an indicator outside of NT that I use for analysis which resets at each trading session start. Also, I have access to an indicator in NT7 that was kindly given to me that also resets.
Swings are plotted based on a minimum swing size. So, if the market is down x ticks from the max to the min it's a confirmed down swing. Let's say x = 40 ticks. As soon as the market reverses 40 ticks up, it's a new up swing. And so it goes...
Swings in the middle of the session would be identical, in particular if using a smaller swing size filter. The effect is more pronounced using a larger filter (which I do).
The swings between gaps don't exist per my definition. Others may disagree with that and look at things differently than I do.
Hello, is possible to change the "Auto Scale" and "Locked" in the ZigZag? Doing backtesting the chart got crazy with the end of the zigzags because of "Auto Scale" in the PriceActionSwing.
I'm not working on incoming alerts. I downloaded the zip file with the audio .wav and renamed it to match the names that come in the configuration but it still does not work. I put them in the Sounds folder.
Hi, thanks for the great work!
In the case the at the turning point if there are several bars close in the same price, the indicator will choose the first one. How to make the turning point the last bar with the same price?