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SwingArm ATR Trend Indicator

The general idea of using SwingArms is to provide a visual confirmation of a trend change.


A color-coded system providing an easy way for a novice to understand.

Converted to TradingView based on the work of Jose Azcarate.

I hope you guys enjoy.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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