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TRN Swing Suite Usage Guide

Overview

The TRN Swing Suite is a sophisticated technical analysis tool designed to identify market swings, trends, and potential trading opportunities. It combines multiple features including swing detection, trend analysis, support/resistance levels, and statistical analysis to provide traders with comprehensive market insights.

Trading Strategies

Swing Trading Strategy

Entry Rules

  1. Bullish Setup

    • Identify a series of higher lows (HL pattern)
    • Wait for swing support level formation
    • Enter when price bounces off support with confirmation
    • Align with Trend Bars Pro
    • Use statistics table to verify average swing length matches setup
  2. Bearish Setup

    • Identify a series of lower highs (LH pattern)
    • Wait for swing resistance level formation
    • Enter when price rejects from resistance with confirmation
    • Align with Trend Bars Pro
    • Use statistics table to verify average swing length matches setup

Risk Management

  • Stop Loss: Below/above the last swing low/high
  • Take Profit: Based on average swing length from statistics

Regular Divergence Strategy

Bearish Setup

  1. Identify bearish regular divergence at a high timeframe resistance or PD array
  2. Wait for a liquidity grab above resistance
    • Price should wick above resistance and close below it
    • Look for strong downward reaction
  3. Wait for TRN trend bars to turn red
  4. Entry: Open of the first bar after TRN trend bars change to red
  5. Stop Loss: 2 ticks above the wick high
  6. Target: Last swing low, HTF support level, or PD array
  7. Minimum Risk-Reward: 2R (skip if less)

Bullish Setup

  1. Identify bullish regular divergence at a high timeframe support or PD array
  2. Wait for a liquidity grab below support
    • Price should wick below support and close above it
    • Look for strong upward reaction
  3. Wait for TRN trend bars to turn green
  4. Entry: Open of the first bar after TRN trend bars change to green
  5. Stop Loss: 2 ticks below the wick low
  6. Target: Last swing high, HTF resistance level, or PD array
  7. Minimum Risk-Reward: 2R (skip if less)

SMT Strategy (Imbalance Trading)

This strategy focuses on trading imbalances between highly correlated assets, particularly NASDAQ futures (NQ) and S&P 500 futures (ES).

Setup Requirements

  1. Daily timeframe
  2. NASDAQ futures make a new lower low
  3. S&P 500 futures make a higher low
  4. SMT/Divergence Suite detects bullish regular SMT divergence

Trade Execution

  1. Entry: Next day's open
  2. Instrument: Use the stronger instrument (typically ES1!)
  3. Stop Loss: Below previous day's low
  4. Target: 3R (three times the risk)

Best Conditions

  • Most effective in strong trending markets
  • Works with other correlated pairs:
    • BTC vs. ETH
    • GC1! vs. SI1!
    • EURUSD vs. GBPUSD

Best Practices

  1. Confirmation

    • Wait for candlestick confirmation
    • Use multiple timeframe analysis
    • Combine with support/resistance levels
  2. Risk Management

    • Always use defined stop losses
    • Maintain minimum 2R risk-reward ratio
    • Consider position sizing based on setup quality
  3. Optimization

    • Adjust swing size based on timeframe
    • Use larger swing sizes for higher timeframes
    • Smaller swing sizes for lower timeframes
  4. Filters

    • Trade in direction of higher timeframe trend
    • Look for confluence with other technical indicators
    • Wait for TRN trend bars color change confirmation
    • Skip trades with poor risk-reward ratios
  5. Statistical Validation

    • Use swing statistics to set realistic targets
    • Validate setups with relation probabilities
    • Monitor average swing durations for timing

Advanced Features

  1. Custom Indicators

    • Use external indicators for divergence detection
    • Combine multiple oscillators for confirmation
  2. Alert Settings

    • Set alerts for TRN trend bar color changes
    • Configure divergence alerts
    • Set SMT divergence notifications
  3. Visual Settings

    • Customize indicator colors and styles
    • Adjust label positions
    • Configure which divergences to display