SWING [DEMAK]

SWING [DEMAK] is a chart-based indicator designed to provide a clear swing and trend structure by combining multiple moving averages with session-based VWAP reference lines.

The indicator focuses on presenting widely used price references in a clean and configurable way, allowing traders to evaluate market context across different time horizons.

Moving Averages

SWING [DEMAK] includes a set of short-, medium-, and long-term moving averages that can be individually enabled or disabled:

Fast averages for short-term price interaction

Mid-range averages for swing structure

Long-term averages for broader trend context

These averages help visualize momentum, trend alignment, and potential dynamic support or resistance zones.

VWAP Reference Levels

The indicator also offers optional VWAP lines anchored to different time periods:

Daily

Weekly

Monthly

Quarterly

Yearly

Each VWAP resets automatically at the start of its respective period and remains active until a new session begins. These levels provide volume-weighted price references that can help assess value areas and market balance over time.

How to use it

Combine moving averages to evaluate trend direction and swing bias.

Use VWAP levels as contextual references for price acceptance or deviation.

Enable only the elements relevant to your trading timeframe to keep the chart clean.

Customization

All components can be customized individually:

Toggle each moving average on or off.

Toggle each VWAP timeframe independently.

Adjust visual properties such as colors and line thickness.

SWING [DEMAK] is intended as a context and structure tool, not a signal generator. It provides consistent, rule-based visual references that allow traders to interpret price behavior using their own decision-making process.