Oscillator Swing Shift displays the MA slope value exceeding the pre-defined threshold and the change in the moving average movement direction as a pulse-changing direction of the indicator histogram.

It has four configurable parameters:

  • Period - calculation period
  • Method - calculation method
  • Applied price - calculation price
  • Threshold - MA slope value threshold

Calculations:

SS = 100.0 * (MA - Anchor) / Anchor

where:

  • If Slope > Threshold и PrevTrend < 1 

    Anchor = MA
Trend = 1

  • Otherwise, if Slope < - Threshold и PrevTrend > 0 

    Anchor = MA
Trend = 0

  • Otherwise 

    Anchor = PrevAnchor
Trend = PrevTrend

Slope = (MA - PrevMA)*Point
MA = MA(Applied price, Period, Method)

Fig 1. Indicator Swing Shift with default settings

Fig. 2. Swing Shift and a comparative MA with the same settings