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The Swing Module is designed for traders who focus specifically on market swings. The screenshot shows a colored sinusoidal curve which illustrates the individual phases of a swing. The numbers above and below define the relevant section of the curve and the various phases of the swing. The sinusoidal curve represents the behavior of the market in real-time.
Because of the curve display two things may be assessed at a glance: firstly, whether the market rises or falls at this moment. Secondly, one also can tell whether the current direction of the market movement, so to speak, has a little leeway or if it is close to the end.
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The Swing Module is designed more for less volatile market phases, which often signal sideways movements where the price bounces between support and resistance. The downward phases are displayed by numbers 5 to 12, starting at 13, the upward phase starts again.
Using the alarm function you may obtain information about reaching certain phase points. The Swing Module is particularly well suited for scalpers and other short term traders.
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