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Swings (ZigZags)

The Swing detection feature is a powerful tool designed to help traders visualize price action, identify key turning points, and analyze market structure in real-time. Unlike traditional swing or zig-zag indicators, it operates without requiring a look-ahead to detect swings, ensuring accurate, non-repainting results.

note

The TRN Swing Suite is a visual analysis tool. It does not generate specific buy or sell signals. Instead, it provides traders with detailed market insights to support informed decision-making based on their trading strategies and technical analysis.

Pro Tip

Combine swing analysis with Market Structure for enhanced trading decisions.

Swing Styles​

The TRN Swing Suite offers flexibility in how swings are calculated. You can choose from the following styles to best suit your trading approach:

  • Standard (TRN Swing Algorithm): A precise and robust algorithm optimized for real-time analysis.
  • Gann Swings: Based on the classic methodology by W.D. Gann.
  • Ticks: Swings determined by a specified tick value for detailed analysis.
  • Percentage: Swings calculated based on percentage changes in price.

Swing Details​

Each swing label provides a detailed breakdown of critical metrics to enhance trading precision:

  • Length: The swing's absolute length and percentage relative to the previous swing.
  • Duration: Time elapsed during the swing.
  • Time: Specific timestamps for the start and end of the swing.
  • Volume: Traded volume within the swing.
  • Cumulative Delta: Net buying vs. selling pressure during the swing.

Getting an Edge with the TRN Swing Suite​

Trend Identification​

Connect swing highs and lows to identify market trends:

  • Uptrend: Characterized by higher swing highs and higher swing lows.
  • Downtrend: Defined by lower swing highs and lower swing lows.

Trade Entry and Exit​

Use the indicator to refine trade timing:

  • In an uptrend, enter long positions near swing lows or on pullbacks to support.
  • In a downtrend, enter short positions near swing highs or on retracements to resistance.

Support and Resistance Levels​

Swing highs and lows often act as key support and resistance levels:

  • Swing highs indicate areas of increased selling pressure (resistance).
  • Swing lows indicate areas of increased buying pressure (support).
    Traders can use these levels for trade entries, exits, or placing stop-loss orders.

Pattern Recognition​

The indicator highlights swings that can form recognizable patterns such as:

  • Equal Highs/Lows
  • Consolidations
  • Wedges or Triangles
  • Complex patterns like Gartley or Head and Shoulders.

FAQ​

Next Steps​

Harmonic Patterns

Learn to identify complex trading patterns using swing analysis

Head and Shoulders Pattern

Learn how to use the head and shoulders pattern to identify potential trading opportunities

Consolidation and Range Pattern

Learn how to use the consolidation and range pattern to identify consolidation zones and breakout opportunities