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Swing Point Highs and Lows Indicator
The indicator displays the recent swing lows and highs on your MT4 chart.
The Swing Point Highs and Lows Indicator is an MT4 indicator that tells you about recent swings. By applying the indicator, you can go long or short easily.
The indicator comes with major/minor swing colors along with their sizes and a moving average. In addition, whenever there is a change in trend, the indicator draws a major and a minor circle.
The moving average act as a cautionary guide to confirm the swing lows/highs. Therefore, whenever a trend changes its course, you can have the opportunity to trade accordingly.
How to trade with the Swing Point Highs and Lows Indicator?
As mentioned earlier, swing point highs and lows give you an overall picture of recent price swing lows and highs. It is easiest to follow as it tells you exactly at what time to enter long or short.
The EMA that comes with the indicator act as a signal confirmation. This is really helpful when there is high market volatility, as it filters out the unnecessary market noise.
Save time withd software.
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