1. Advanced Swing Detection :
Customise the indicator's sensitivity to price changes by setting the minimum number of bars and price movement required for a new swing, ensuring it aligns with your trading style.
2. Volatility Analysis :
This helps identify periods of stability, moderate volatility, and potentially risky market behaviour.
3. Data-Driven Strategy Development :
This information can inform your holding periods and potential profit targets.
4. Flexible Analysis Period :
This allows you to tailor the analysis to your trading timeframe.
5. Risk Management :
This helps you manage risk effectively by adjusting position sizing or implementing stop-loss orders.