This is an alternative for Zig Zag indicator. It may identify the swings from 3 different momentum indicator: RSI, Accelerator Oscillator and Awesome Oscillator.
- indicatorForCalculation: Select the indicator that will be used for drawing the swings:
- Percentage Minimum Retracement: The value that define a swing. If the price retrace equal or more that this value a swing is formed.
- Improve in swings calculation