Stats on Swings Function

Overview

The SWINGSTAT() function allows you to output specific values from any swing script. To work the SWINGSTAT() function needs to be wrapped around a swing function.

For example:

GS1 = GannSwing();
SWINGSTAT(GS1)

This function allows you to output the following values…

• Average Swing (in points)
• Standard Deviation Swing
• Average Time
• Standard Deviation Time
• Average Bars
• Standard Deviation Bars
• Average Percentage (Retracement)
• Standard Deviation Percentage
• Bars: The number of Bars between each swing.
• Days: The number of Calendar days between each swing.

The SwingType option allows you to choose either up swings, down swings, or all swings.

Example Script: This will calculate the average number of bars for each swing over the last 10 3-bar Gann Swings:

GS1=GANNSWING(SWINGCOUNT=3);
SWINGSTAT(GS1, SWINGS=10, DEFAULT=AvgBars, TYPE=All)

On a 5% swing, the average swing over the last 5 up swings:

P1=PERCENTSWING(PERCENT=5.0);
SWINGSTAT(P1, SWINGS=5, DEFAULT=AvgSwing, TYPE=Up)

and down swings:

P1=PERCENTSWING(PERCENT=5.0);
SWINGSTAT(P1, SWINGS=5, DEFAULT=AvgSwing, TYPE=Down)