Clear Method Swing Line

Modified on Fri, 15 Dec, 2023 at 1:56 PM

The Clear Method Swing Line indicator is to transform accumulated historical data and makes it possible to detect various features and patterns in price dynamics that are invisible to the naked eye. The algorithm behind CMS involves intricate calculations based on price highs, lows, and momentum conditions.

To add and set up the indicator, open the Indicators settings window.

Indicator's settings

Drawing

Name

Description

Represents an increasing price movement.

Properties

Name	Description
Visual type	Specifies the style for displaying data series on a chart. Options: Line - Connects data points with a line Histogram - Shows a vertical column on each bar Hash - Displays a horizontal line on each bar Block - Presents data as a square block on each bar Cross - Places a cross on each bar Square - Uses a 90-degree polyline connecting data points Dots - Depicts data as a circle on each bar Up Arrow - Indicates data points with an upward arrow on each bar Down Arrow - Represents data points with a downward arrow on each bar Only Value On Axis - Shows values only on the axis, without connecting lines or shapes Hide - Hides the data series from the chart
Color	Defines the color used to display the series on the chart.
Text Color	Defines the text color used to display the series on the chart.
Width	Defines the thickness of lines or elements in the chart
Line style	Specifies the dash pattern used for lines in the chart, allowing selection of styles like solid, dotted, dashed, or custom patterns for visual differentiation Options: Solid Dash Dot Dash Dot Dash Dot Dot
Show zero values on axis	Determines if a zero value should be displayed on the price axis.
Show value	Determines whether to display the current value of the data series on the price panel.
Scale	Determines whether scaling is applied to the data series, adjusting its display size and proportions on the chart.
Draw above price	Determines whether the visual elements are drawn above or below the price data on a chart. When enabled, it overlays the indicator's graphics over the price plot.
Ignored by alerts	Specifies whether the value of this data series should be ignored by the alerts set for drawing objects.

Down

Represents a falling price movement.

Properties

Name	Description
Visual type	Specifies the style for displaying data series on a chart. Options: Line - Connects data points with a line Histogram - Shows a vertical column on each bar Hash - Displays a horizontal line on each bar Block - Presents data as a square block on each bar Cross - Places a cross on each bar Square - Uses a 90-degree polyline connecting data points Dots - Depicts data as a circle on each bar Up Arrow - Indicates data points with an upward arrow on each bar Down Arrow - Represents data points with a downward arrow on each bar Only Value On Axis - Shows values only on the axis, without connecting lines or shapes Hide - Hides the data series from the chart
Color	Defines the color used to display the series on the chart.
Text Color	Defines the text color used to display the series on the chart.
Width	Defines the thickness of lines or elements in the chart
Line style	Specifies the dash pattern used for lines in the chart, allowing selection of styles like solid, dotted, dashed, or custom patterns for visual differentiation Options: Solid Dash Dot Dash Dot Dash Dot Dot
Show zero values on axis	Determines if a zero value should be displayed on the price axis.
Show value	Determines whether to display the current value of the data series on the price panel.
Scale	Determines whether scaling is applied to the data series, adjusting its display size and proportions on the chart.
Draw above price	Determines whether the visual elements are drawn above or below the price data on a chart. When enabled, it overlays the indicator's graphics over the price plot.
Ignored by alerts	Specifies whether the value of this data series should be ignored by the alerts set for drawing objects.

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