What is a swing chart?

Swing charts, in their most basic form, are composed of price bars, which represent price behavior during a given time. Here is a simple bar chart we will reference throughout this article: Most technical traders have probably seen a bar chart, as it is the most common type of chart.

Is there a charting software for swing trading?

There is plenty of charting software available to assist swing trading. MetaTrader is great for forex daily charts, offering a range of in-depth and easy to navigate trading charts. It can be used through the desktop app, or on mobile.

How do technical analysts use swing charting?

Technical analysts can use charting techniques to identify potential entry and exit points for a swing trade. Swing charts can be constructed by identifying near-term highs and lows that have occurred to identify trends. Why Use Swing Charting?

How long should a swing trading chart be?

Swing trading usually requires a time frame across days or weeks, so going without the 1-minute, 5-minute, 15-minute or 30-minute charts may be sensible. Pick one based on your trading habits and ensure that it displays the correct information for analysing your chosen market.