Swing Line – indicator MetaTrader 5

Ron Black’s swing line indicator MetaTrader 5 version.

This indicator does not have any parameters so I think that there is no need to explain how it should be used (except that I would like to add my personal opinion that it should not be used on lower time frames: using it on time frame starting from 1 hour, in my opinion gives better results).




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Alternative:   Divergence ema rsi - EA MetaTrader 5