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Swing Index

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SwingIndex(Limit Move Value)
SI(Limit Move Value)

Overview
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.

Interpretation
The Swing Index is a component of the Accumulation Swing Index.

Recommended Parameters
Limit Move Value: 1

Example
set BUY = SI(1) > 0
Evaluates to buy when the Swing Index is in positive territory.

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