Swing
Concept
Swing trading seeks to capture the natural oscillations of price between support and resistance.
Idea
The strategy identifies the nearest support or resistance line and evaluates whether price is close enough to react. A bounce from support generates long signals; a rejection from resistance generates short signals.
Genetic Algorithm Parameters
- Minimum pip distance to support/resistance
- Price type used for comparison
Best suited for
Ideal for calmer markets with clear oscillations
Not well-suited for highly volatile breakout markets