Percent Swing Chart Overlay

The Percent Swing Chart Overlay is used to superimpose a Percent Swing Chart over a bar based chart (bar, candle, range or line). The swing lines are drawn as straight lines joining swing highs and lows, and change direction when the required percentage value has been met. For example, with a percentage swing value set to 10% on a $100 chart in an uptrend, the swing overlay will change direction if the price falls to $90, and will swing up again when the price reaches $99.

This is a companion discussion topic for the original entry at