Swing Line Binary Indicator
The Swing Line Binary Indicator is a technical analysis tool used in trading to identify potential market reversals or continuation patterns based on price swings. It typically plots a line that connects swing highs and lows, helping traders to visualize support and resistance levels. The indicator can provide binary signals for buy or sell decisions, often complemented by other indicators to enhance accuracy. Traders often utilize it in various timeframes to align their strategies with market trends.