π₯ Swing Index in cTrader
In this video, we explore the Swing Index - an indicator developed by J. Welles Wilder that measures the strength and direction of price movements by comparing the open, high, low and close prices across consecutive periods.
Youβll learn where to find the Swing Index in cTrader, how to customise its style, visibility and levels, and how the zero line can help interpret bullish and bearish market conditions. The video also shows how traders use the indicator to assess momentum, confirm breakouts and identify divergence between price action and the indicator.
We also look at how the Swing Index can be combined with the Relative Strength Index (RSI) to provide additional confirmation when analysing market conditions.
π Timecodes
00:09 β Introduction: what is the Swing Index
01:03 β Where to find the Swing Index in cTrader and how to customise it
01:32 β Using the Swing Index to confirm breakouts
02:48 β Identifying divergence with the Swing Index
03:22 β Combining the Swing Index with RSI for additional confirmation
- Learn more about the Swing Index - https://t.co/6AiQD8j6tH
- Join Discord - https://t.co/N23Rt86kcx
Donβt forget to like and share your thoughts in the comments!
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