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Mechanics of swing low

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    Mechanics of swing low

    If I have the strength set to 2 as below, I was assuming it has to be lower than the 2 bars to the left and 2 bars to the right or will it still count if say its lower than the bar to the left and the bar 2 back has the same/even low?


    SetStopLoss(CalculationMode.Price, (Swing(2).SwingLowBar(1, 1, 10)) - .10);

    Also when I add a -.10 after the swing code will it make the stop 10 cents below the pivot?
    Last edited by zachj; 11-19-2013, 09:50 PM.

    #2
    Correct zach it would keep with this value until a new swing low per the strength definition is defined.

    I think you would want to use the SwingLow method though for your price based value, as other you would get the # of bars ago returned that the Swing low instance was found, which is not what you seek here.

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