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Is the 5-day swing index made?
The Essence of Short-term Sniper —— Five-day Swing Index

1:

Answer: =HHV (high, 5);

B:=REF(OPEN,4);

F:=LLV (low, 5);

d:= 2 *(A-f);

w:(A-B+CLOSE-f)/D * 100;

MW:MA(W,3);

X:30, color green;

S:70,COLORGREEN

2:

ao:=MA((((HHV(H,5)-REF(O,4))+(C-LLV(L,5)))* 100)/((HHV(H,5)-LLV(L,5))*2),3);

30;

50;

70

Adhesion line (ao & gt=REF( ao, 1), 0, ao, 1, 1), COLORRED.

Adhesion line (ao < = ref (ao, 1), 0, ao, 1, 1), COLORGREEN.

If the 5-day swing index is greater than 70%, it means that the trend is bullish; If it is lower than 30%, it means that the trend is bearish; If it is between 30% and 70%, it means that the viewpoint is neutral.