Swing High And Low by Ari Sanjaya
- Indicatori
- Ari Sanjaya
- Versione: 1.0
- Attivazioni: 5
SWING HIGH AND LOW BY ARI SANJAYA
This indicator makes it easier for you to identify swing highs and lows, allowing you to determine the best zones for buying or selling.
Swing High
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A temporary peak in price.
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Forms when the highest point is flanked by lower highs.
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Acts as a resistance level.
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Used for spotting sell/short opportunities and stop loss placement.
Swing Low
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A temporary valley in price.
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Forms when the lowest point is flanked by higher lows.
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Acts as a support level.
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Used for spotting buy/long opportunities and stop loss placement.
Importance in Trading
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Trend detection → higher highs/lows = uptrend, lower highs/lows = downtrend.
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Entry & exit points → helps traders find reversals or continuations.
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Risk management → ideal for stop loss positioning.
