identification of a new minimum or maximum

[slydexx]

Hi, I wanted to ask you if, apart from the zig zag which I don't like, have you found a more or less precise method to identify whether the swing has created a new low or a new high, but using the indicators available on fxdreema and not external indicators.

[l'andorrà]

@slydexx The short answer is no. You will need to create your own set of conditions to define those swing changes. That can be done with fxDreema, though.

[jstap]

@slydexx See if this works for you, this is what I use: https://fxdreema.com/shared/Ypv2xgZOd

[l'andorrà]

@jstap Do you really trust those 'new top/bottom in trend' blocks long ago and I was very disappointed with its performance.

[jstap]

Is just a way of starting the HI-LOW position from a different place, otherwise price gets left in a place too far from a HI-LOW point. There must be a better option but I haven't found it. This does work well for setting Fibonacci, but this is subjective to what you class as the recent HI-LOW.

[l'andorrà]

@jstap Ok. Thank you.