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Price Action Swing Pro


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Price Action Swing Pro

  #1 (permalink)
 Pickles1774 
Pembroke Pines
Pickles1774
 
Experience: Beginner
Platform: NinjaTrader
Broker: Ninjatrader
Trading: Futures
Frequency: Daily
Duration: Minutes
Posts: 24 since Nov 2022
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Hello everyone. This is a snippet from the PriceActionSwingpro indicator. I'm seeking assistance in comprehending the significance behind the numerical values it produces and, crucially, how to skillfully interpret them for effective trading strategies. Any guidance on understanding and utilizing these numbers in the context of trading would be highly appreciated.

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Can you help answer these questions
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  #2 (permalink)
 alucko33 
New York, NY US
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Same concern here. Can someone explain? Even briefly

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  #3 (permalink)
 Pickles1774 
Pembroke Pines
Pickles1774
 
Experience: Beginner
Platform: NinjaTrader
Broker: Ninjatrader
Trading: Futures
Frequency: Daily
Duration: Minutes
Posts: 24 since Nov 2022
Thanks Given: 0
Thanks Received: 2


The more I look at it, the more I understand. There are two numbers. Lower numbers are the number of closed bars in the current swing. The high numbers are the key Fibonacci retracement levels include 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Traders and use these levels to identify potential support and resistance areas.

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