Reply To: Volatility Based Swing Overlay with…

Optuma Forums Optuma Feature Requests Volatility Based Swing Overlay with… Reply To: Volatility Based Swing Overlay with…

#67861
Edward
  • Topics: 6
  • Replies: 5
  • Posts: 11

Hi Mathew:

Thanks for the quick reply!  The volatility Swing overlay lacks some of the functionality of the other swing overlay tools (Gann, Points and Percentage) that are extremely useful such as labels with all the data (number of bars, number of days, percentage move…), being able to color code or use in a watchlist for “trend”, etc.  As an example- we are unable to use this tool as was mentioned in the recent Blog posts like the following:

//Set Swing Criteria;
S1 = GANNSWING(SWINGCOUNT=3, METHOD=Use Next Bar);
//Determine Trend and Direction;
T1 = SWINGTRENDUP(S1) and CLOSE()>0;
D1 = SWINGUP(S1) and CLOSE()>0;
//Calculate rank values;
IF(T1 == 1 and D1 == 1, 3, IF(T1 == 0 and D1 == 0,0, IF(T1 == 1 and D1 == 0,2,1)))

This would be very nice to have- I’ve attempted coding using the Volswing function but data cannot be extracted to create swing trend, bar and day counts, etc…

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