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Swing High Swing Low Text 2016-11-11T09:05:38+00:00

Project Description

ABC Swing High Swing Low Text

The study displays the high and low of the chart swing high and swing low based on a retracement ticks input.

The file will contain two versions of the indicator. One for Multicharts 32-bit and the other for the 64-bit version of Multicharts.
If in doubt about the version you are using you can find this in the main program window under -> Help -> About Multicharts.
The 32-bit version will start with MultiCharts Version and 64-bit will display MultiCharts64 Version.

These are the inputs you can use to alter the swing high swing low study’s outcome:

RetraceTicks:
The amount of ticks the price has to retrace from the high or advance from the low to detect a new swing and text print.
TextShiftTicks:
The amount of ticks you want to shift the text higher than the swing high and lower than the swing low. This only affects the visual output, so you can see the chart bars easier.
ShowRange:
A true/false input to activate the displaying of the range between the previous low swing and current high swing price (and vice versa).
DisplayRangeInTicks:
A true/false input that will the range in full ticks if the input is true or as price difference if the input is false.
ShowPrice:
A true/false input that activates the price text for the swing high swing low text. With ShowRange and ShowPrice you have the ability to let the study print both range and price for the swing high swing low together or just one separately.
UpDateMode:
With the UpdateMode input you can change the way the study detects swing points. When UpdateMode = 0 the study will limit the updates to avoid too many text prints. A bar that makes a new high can’t also make a new low and vice versa. As this might lead to bars that make a new extreme, but are not displayed, as the bar also updates the opposing swing price. If you set the UpdateMode to 1, the study will detect a new swing extreme, even when the bar also updates the opposite swing point. Check both settings and see which one you prefer.
LockText:
The LockText input will lock the text drawings to the chart so you can’t move them by mistake. In case you want to move one text you can unlock it specifically with a right click on the drawing and selecting “Unlock Drawing”.
The remaining three inputs are there so you can change the swing high swing low text size, color and font to your liking.

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8 Comments

  1. John August 6, 2013 at 9:50 pm - Reply

    When I try to import the indicator, MultiCharts gives me an error message. Study:”(Function)” Error Code: 1.

  2. John August 7, 2013 at 9:28 pm - Reply

    Sorry I accidentally deleted the email you sent me. I am running MultiCharts Version 8.7 Release (Build 7471)

    • ABC August 8, 2013 at 6:22 am - Reply

      Thank you for the clarification. If I am not mistaken this is the 32-bit version. The study was exported from the 64-bit version and they are not compatible. I will send you the 32-bit version and make sure to include it on the website as well. Thanks for letting me know.

  3. Albert March 4, 2014 at 2:26 am - Reply

    Thanks

  4. chu July 9, 2014 at 7:35 pm - Reply

    I am using Multichart 8.0 and can’t import the *.sef files to powerlanguage editor. Could you export the indicators to eld files?

    • ABC July 9, 2014 at 8:28 pm - Reply

      The study uses Multicharts specific reserved words and therefore couldn’t be exported as ELD without reworking it for Tradestation. I am afraid, but we are not going to do that as it should remain exclusively available for Multicharts.

  5. shane September 19, 2014 at 7:42 pm - Reply

    I was not able to use this file with .sef extension.
    What program is it for ?

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