The Swing Index (Wilder) is a popular indicator that shows comparative price strength within a single security by comparing the current open, high, low, and close prices with previous prices.
BUY{ SET TP1 = TP(); SET MA = WMA(TP1,50); SET SI1 = SI(2); SET MA1 = EMA(SI1,21); CROSSOVER(TP1,MA) AND REF(MA1,1) < 0.01 AND REF(CLOSE,1) > REF(OPEN,1);} LONGEXIT{ SET TP1 = TP(); SET MA = WMA(TP1,50); SET SI1 = SI(2); SET MA1 = EMA(SI1,21); CROSSOVER(MA,TP1) AND REF(MA1,1) > 0.01 AND REF(CLOSE,1) > REF(OPEN,1);} SELL{ SET TP1 = TP(); SET MA = WMA(TP1,50); SET SI1 = SI(2); SET MA1 = EMA(SI1,21); CROSSOVER(MA,TP1) AND REF(MA1,1) > 0.01 AND REF(CLOSE,1) > REF(OPEN,1);} SHORTEXIT{ SET TP1 = TP(); SET MA = WMA(TP1,50); SET SI1 = SI(2); SET MA1 = EMA(SI1,21); CROSSOVER(TP1,MA) AND REF(MA1,1) < 0.01 AND REF(CLOSE,1) > REF(OPEN,1);}