Indicator Overview
📉 EZ Oscillator
The EZ Oscillator serves as the backbone of Quantum Swing™, providing a clear visual representation of market momentum.
📉 EZ Oscillator
The EZ Oscillator serves as the backbone of Quantum Swing™, providing a clear visual representation of market momentum.
📊 What It Shows:
Green areas indicate bullish momentum
Red areas indicate bearish momentum
Zero-line crossovers signal potential trend changes
Extreme readings suggest possible overbought/oversold conditions
⚙️ Key Settings:
Display EZ OSC? – Toggles visibility
Length – Controls calculation period (higher values create smoother, less responsive signals)
Color – Visual customization options
📈 Trading Applications:
Identify early momentum shifts before they appear in price
Spot divergences between price and momentum
Confirm trends with sustained readings above/below zero
🌊 Swing Band
The Swing Band provides visual confirmation of momentum shifts with an intuitive color-changing wave pattern.
Swing Band Displayed
📊 What It Shows:
Color changes reflect momentum shifts (bull color for bullish, bear color for bearish)
Dots mark potential reversal points
Band width represents conviction strength
⚙️ Key Settings:
Swing Band - Toggles visibility
Length - Adjusts sensitivity
Color - Visual customization options
📈 Trading Applications:
Validate emerging trends with color changes
Identify potential reversal points at colored dots
Use in conjunction with EZ Oscillator for confirmation
💧 Liquidity Flow
The Liquidity Flow component tracks buying and selling pressure, revealing the underlying forces driving price movement.
📊 What It Shows:
Values above zero indicate positive money flow (buying pressure)
Values below zero indicate negative money flow (selling pressure)
Shaded areas represent overflow zones, indicating potentially extreme conditions
⚙️ Key Settings:
Liquidity OSC - Toggles visibility
Length - Adjusts calculation period
Color - Visual customization options
Squeeze Band - Highlights periods of reduced liquidity
📈 Trading Applications:
Validate price moves with underlying buying/selling pressure
Identify potential trend exhaustion
Detect squeeze conditions that may precede volatility expansion
📈 RSI Integration
Quantum Swing™ incorporates an enhanced Relative Strength Index with visual improvements for easier interpretation.
📊 What It Shows:
Purple line displays the traditional RSI reading
Colored zones highlight overbought/oversold conditions
Real-time RSI value label provides numerical feedback
⚙️ Key Settings:
Show RSI - Toggles visibility
Length - Adjusts calculation period (default: 14)
Highlight O.B | O.S areas - Toggles background coloring
Show RSI Level - Displays current numerical value
Offset - Adjusts label position
📈 Trading Applications:
Identify overbought/oversold conditions
Measure trend strength
Trade bounces in range-bound markets
🟥🟩 Divergences
The Divergences component automatically detects and highlights potential reversal signals.
📊 What It Shows:
Bullish divergences occur when price makes lower lows while the oscillator makes higher lows
Bearish divergences occur when price makes higher highs while the oscillator makes lower highs
Divergence lines connect the relevant points on both price and oscillator
⚙️ Key Settings:
Show Divergences - Toggles visibility
Plot Divergences on Chart - Displays lines on the main price chart
Divergence Sensitivity - Adjusts detection threshold (higher = fewer but more significant divergences)
📈 Trading Applications:
Identify potential trend exhaustion points
Confirm reversal signals from other components
Set precise stop levels based on divergence structures
🧨 Squeeze Band
The Squeeze Band identifies periods of market compression that often precede significant moves.
📊 What It Shows:
Indicates market compression and expansion cycles
Color changes reflect direction of developing pressure
Crossovers signal potential breakout opportunities
⚙️ Key Settings:
Squeeze Band - Toggles visibility
Color - Visual customization options
📈 Trading Applications:
Identify potential breakout opportunities
Time entries for volatility expansion trades
Detect periods of decreasing volatility
🔁 Bottom/Top Reversal Markers (B/T)
The Bottom and Top markers provide clear visual signals for potential reversal points in the market.
📊 What It Shows:
'B' Marker (Bottom) – Appears when multiple bullish conditions align, signaling a potential market bottom
'T' Marker (Top) – Appears when multiple bearish conditions align, signaling a potential market top
Markers are positioned at specific price levels where conditions are most favorable for reversals
Key Factors in Marker Generation:
WaveTrend conditions reaching extreme levels
RSI cross conditions in overbought/oversold territories
Liquidity Flow confirmation in the expected direction
Volume confirmation relative to recent average volume
Trading Applications:
Clear entry signals for reversal trades
Objective validation of subjective chart patterns
Timing tool for counter-trend entries
Confirmation of potential turning points in trend
Advanced Usage:
'B' markers work best when appearing after sustained downtrends
'T' markers are most reliable after extended uptrends
Confluence with chart support/resistance enhances reliability
The more components aligned (RSI, Liquidity Flow, etc.), the stronger the signal
🍋Squeeze Bars
📊 Quantum Swing Highlight Bars
Quantum Swing showcases two colored bars. When the bars are highlighted, a squeeze up or down is taking place.
🔍 How It Works:
The bottom bar indicates move ups
The top bar indicates squeeze downs
These bars are useful for spotting strong moves in progress
🔁 Practical Application:
Combine with Top & Bottom reversal markers
Layer with other indicators to build confluence
Use as an early alert for momentum-based breakout setups
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