How to use Swing(High/Low) indicator

[cassb]

How does one use the Swing High/Low indicator in a strategy? It's not really "bar-based" as an indicator, since it signals pivots that vary in the number of bars between value changes.

So if I wanted to say "If the current bar has a Swing High value change and it's lower than the last Swing High value, then open a short position".. how do you do that in the Strategy Wizard?

[NinjaTrader_Josh]

Unfortunately you cannot do this in the Strategy Wizard, but in NT6.5 we have exposed properties that you can access programmatically to acquire the desired values.

[cassb]

Originally Posted by Josh

Unfortunately you cannot do this in the Strategy Wizard, but in NT6.5 we have exposed properties that you can access programmatically to acquire the desired values.

OK, that's fine -- I can unlock the code. So do you have an example of how to do this? If not, where can I find the list of properties I can use to get these values?

Thanks!
Bryan

[NinjaTrader_Ray]

Go to the file sharing section and download the Automatic Trend Line detection indicator to get an idea of how Swing() indicator is used.

[cassb]

Originally Posted by NinjaTrader_Ray

Go to the file sharing section and download the Automatic Trend Line detection indicator to get an idea of how Swing() indicator is used.

OK got it. So, this just draws an extended line in the direction of the current trend, as defined by the last few swing pivots? How many bars does it take to establish a swing point -- as in, is the Swing an indicator that lags by <strength> bars? I of course want to know immediately when a swing point occurs (within 1 bar) so that I can open a position.

Is that article from Sept '07 online somewhere?

Thanks Ray!

[NinjaTrader_Josh]

If you review the code of the Swing indicator you can fully understand its inner workings. Briefly speaking, the Swing indicator "lags" behind the chart that is why it looks so good.