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The Swing Scope Indicator made by MyIndicators is a tool made for identifying key market swings, reversals, and volume trends through improved ZigZag analysis. By tracking price highs and lows with customizable reversal parameters, Swing Scope offers traders a comprehensive view of each market swing’s dynamics. The indicator provides detailed insights into price change, reversal levels, and volume, helping traders make informed decisions on trend shifts.
Swing Scope captures meaningful price changes by combining percentage-based, absolute, and ATR-based reversal calculations. This approach highlights confirmed and unconfirmed swings with real-time labels and bubbles, showing price change, reversal amounts, bar count, and volume at each swing point. With Swing Scope, traders can quickly visualize trend reversals, swing magnitude, and market momentum, making it ideal for those focused on trend-following and reversal strategies.
The Swing Scope Indicator by MyIndicators is perfect for traders looking to gain a deeper understanding of market swings and reversal patterns. By providing real-time feedback on key metrics, Swing Scope enables traders to analyze trend changes, track swing momentum, and monitor volume for each price move. This ThinkOrSwim indicator is a valuable tool for those seeking to make data-driven decisions in trend-following and reversal-based strategies.
Download the Swing Scope Indicator today and start exploring market swings and reversal zones with a data-driven approach.
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