This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
Top Reasons Why You Should Use QuantShare:
Works with US and international markets (stock, forex, options, futures, ETF...)
Offers you the tools that will help you become a profitable trader
Allows you to implement any trading ideas
Exchange items and ideas with other QuantShare users
Our support team is very responsive and will answer any of your questions
We will implement any features you suggest
Very low price and much more features than the majority of other trading software
This is a swing indicator that may be used during backtesting to reference swing data.
Format is: swingsim(close, threshold, type, ago);
Threshold = movement required in points to constitute a valid swing
Types are the swing metric that is to be returned, valid types include:
start: Swing start value
end: Swing end value
nb: number of bars in swing
avgprice: Swing average price
avgrange: Swing average range based on high/low
move: Swing move (positive for bullish moves and negative for bearish moves)
type: Swing type (1 for higher high, -1 for lower low and 0 otherwise)
sdv: Swing standard deviation based on price
high: Swing highest value
low: Swing lowest value
direction: Swing direction (1 for bullish and -1 for bearish)
Ago = which historical swing is being referenced. Ex, 3 would return statistics for the swing that occured three swings back in time.
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
