Swing Trade Layout

Still making progress on the Swing Layout, although there's still more work to be done. There are a few different charts in the layout, depending on how you want to trade, your risk tolerance, market conditions and timeframes.

 This particular layout has condition markers in red at the bottom, the conditions include:trading with the trend in the stock, trading with the trend in the sub-industry group, stochastics and RSI in a favorable place, a small pullback against the trend before entering and a few other things. So when there is a red marker and a red candle on the same day, those tend to be the highest probability areas to enter the trade.

 This is another indicator, when red the environment is more favorable for swing shorts, when light blue, more favorable for swing longs, there is still some work to be done here though to trade with the trend. The volatility stop indicator can also be used rather then the candlestick color.

Three's also an additional Trend Channel stop system I'm still putting together that allows you to get out sooner at a better price on extreme moves or oversold moves in the case of the short trades in the trends shown above.