Trading using technical analysis requires a trader to invest years in studying charts and patterns.

A trader must learn to interpret

• momentum,

• volume,

• trends,

• support and resistance levels,

• money management

• and psychological response to market moves.

Having a visual representation of all of the above in one study provides a huge help in someone’s ability to easily and quickly understand price action, trend, support, resistance, and most of all value area zones to buy or sell from.

For these reasons, the SwingArm was developed.

The SwingArm is a visual / color-coded indicator for ThinkOrSwim. It provides an easy way to find value area zones and it is much easier to read and understand than the Volume Profile Study.

The indicator came about after realizing that I kept constantly studying Fibonacci retracements and drawing Fibonacci extensions and trying to understand their relationship to the average true range of price. This was something I did every day and realized that I needed to come up with a study that did this for me with ease. The integration of the Fibonacci analysis and the proper ATR relationship created the SwingArm.

I found the study so valuable that I felt it was important to share it with anyone interested in learning about price action. Instead of attempting to sell the study as many told me to do, I found a group of passionate traders and shared it with them. I invested a significant amount of time teaching them how to use it and published several videos about it on my youtube channel.

The blackFLAG© Futures Trading System provides a clear trading plan to implement greatly improving the chances of success. This does not mean that it is easy, it does require patience, commitment, and effort.

As of February 7, 2021, the SwingArm is available for ThinkOrSwim is a Single and Multi Timeframe Study. Thanks to a few passionate programmers and their support, it has been also converted to Trading View, Ninja Trader, and Tradovate.