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04/05/2017 at 4:50 PM
#31142
Fantastic!
Well, it is called a swingcounter and it’s main job is to signal a reversal.
when a full swing +9 or -9 has appeared the chances of an upcoming bottom or a top increases a lot. A fully upswing +9 combined with a red 10th candle suggest to exit your long position. Its the same for a downswing -9 combined with a 10th green candle means exit your short position.
This indicator combined with the bollingerbands RSI works fantastic!