Swing Charts are seldom discussed in trading but are a powerful tool in assessing both the state of the market (trending vs ranging), the strength of a trend and the likely turn around point in a pullback.
Swing charts don’t necessarily represent a complete trading method, rather they are for keeping you on side and for understanding state of market. They can complement your existing trading methods.
In this video, we take a look at the 12th February 2015 in real time as the swing charts progress and consider what they are telling us and what we want to see next.
For day traders or swing traders that find themselves overtrading or getting chopped about in trading ranges, this tool will give you the understanding you need to resolve those issues.
As usual - click "Full Screen, Full HD" for best results
These charts are available in most mainstream trading platforms.
For swing charts , take a look here: https://blog.jigsawtrading.com/swing-charts-cumulative-delta-footprint-charts-on-multicharts-net
For swing charts for NinjaTrader, take a look here: https://blog.jigsawtrading.com/swing-charts-cumulative-delta-ninjatrader