The well-known ‘SwingIndicator’

click to enlarge

Part of the standard ‘tool box’ for many traders the world round. And it’s finally here for MotiveWave !

It allows for lots of novel trading techniques. For instance: drop 2 different SwingIndicators on a chart, one with a smaller SwingStrength and one with a larger SwingStrength (in the screenshot below 5 and 50, respectively). Each break of the higher level swings is a possible entry, while the smaller levels can be used for StopLoss & TakeProfit levels, or for trailing.

click to enlarge

To make life even easier for you, we added the possibility to have the SwingIndicator fire off signals, so you know when to check a chart and step on board of the momentum-train.
Green pips all around !

click to enlarge