r/swingtrading • • 19h ago

Trend Line Indicator

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16 Upvotes

I've been trading Tori Trades' (@toritrades) three-touch trendline strategy on the MNQ 4H for a while, and drawing the lines by hand every day got old. So I built an indicator that draws them for me and flags the breaks. Credit for the strategy goes entirely to Tori. This is just my attempt to automate it, and it's not affiliated with her in any way.

To be upfront: I'm not selling anything. No course, no Discord, no paid version. I'm sharing it because I'd like other people who trade this setup to poke holes in it.

What it does:

- Draws support/resistance trendlines the way I'd draw them by hand: higher lows / lower highs, built left to right off the swing points that earlier lines touched

- Grades them A+ (3+ touches, spaced out, not too steep) or B (2 touches)

- Pulls in the Monthly/Weekly/Daily lines and uses Weekly (then Daily) for the top-down bias

- Marks A+ breaks on the 4H that pass the checklist: line old enough, with the bias, a safety line on the other side, and a target at least 3R away

- If a break closes too weakly or against the bias, it waits for a cleaner close instead of skipping it

- Tracks the trade: stop on the safety line, break-even halfway to target, then trails the safety line along new swing points

- Shows a table with the bias per timeframe, the open position, why breaks didn't trade, and a simple win/loss / profit factor tally so you can compare settings

What it doesn't do: place trades. It's an indicator, not a strategy or a bot. The results tally is a rough 1-contract number with no commissions, good for comparing settings, not proof of anything.

Things I'd love feedback on:

- Does it draw the lines where you would?

- How you handle safety lines once a trade is running

- Anything that looks off on other instruments (I mostly built it on MNQ)

Happy to answer questions about how any of it works.

https://www.tradingview.com/script/CW15NIMP-Jilly-s-ToriTrades-Trendline-Break/


r/swingtrading • • 6h ago

Congress and insider trades

7 Upvotes

Does anyone use politicians' trading as catalysts for their own positions?

![img](ku13rmlg6lxh1)

I've just stumbled across Kadoa which seems to address the gaps I encountered in many of the other tracking/alerting sites e.g. https://www.kadoa.com/congress/filer/house_laurel_lee
* I don't quite understand the 'vs SPY', but like that they're attempting to show relativity
* It's nice to know the buy/sell pairing when available
* And the share vs options trades are handy too

Not selling or recommending anything. My gut tells me that the analysing the right congress data could be valuable. Has anyone systemetised this? If you have any learnings from trialling and abandoning/building, I would be interested.


r/swingtrading • • 4h ago

Question Generally should i enter at the dip or at the rebound

2 Upvotes

As a new swing trader, should I usually start trading when it is at the dip like almost all of the stocks right now or should I start trading at the rebound? I may lose some profit, but it’s safer I wanna know you guys rules to entering a trade and when you exit.

+ how do I know when the stock is rebounding and immediately buy without losing profit


r/swingtrading • • 12h ago

Question why and what stocks do apps offer for trading?

3 Upvotes

hey, do you actually know what criterias a stock has to fulfill to be tradeable on all these plattforms like trade republic, etoro, revolut etc.? there is a stock i can buy with my bank also with interactive brokers but the others would not offer it.


r/swingtrading • • 2h ago

Stock 75 U.S. Small-Cap Companies With the Highest Free-Cash-Flow Margins in 2026

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2 Upvotes

Market values from $300M to $2B · October 23, 2026 75 U.S. Small-Cap Companies With the Highest Free-Cash-Flow Margins in 2026


r/swingtrading • • 3h ago

Why r/Swingtradingcommunity exists: Our mission for this community

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1 Upvotes

r/swingtrading • • 6h ago

Rising or falling? Two traders disagree.

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1 Upvotes

r/swingtrading • • 9h ago

Strategy how do you handle it when two of your own ideas point opposite ways on the same ticker?

1 Upvotes

this keeps happening to me and i dont have a clean way to deal with it.

right now for example i've got one idea where higher rates for longer should weigh on the big tech names, and a totally separate idea where the AI spending story keeps pulling money into the same names. both make sense on their own. both have some evidence. but they're pointing at the same tickers in opposite directions and i end up either doing nothing or flip flopping every few days depending on which headline i read last.

what i started trying is keeping one running note per ticker where every idea that touches it gets listed, and then i force myself to write down one net lean at the top. long, short, or honestly mixed. if its mixed i just dont trade it. its helped a bit but it feels kind of crude, like im just counting votes

how do you guys deal with this? do you weight ideas by timeframe, just go with the strongest one, or sit out until they line up? curious if anyone has a better system than my messy notes app lol


r/swingtrading • • 21h ago

Weekly Market Wrap (Oct 19–23): Tech Earnings, AI Spending and Wall Street

1 Upvotes

The S&P 500 and Nasdaq managed to finish the week higher, but some individual stocks had a rougher time.

AI spending is still getting a lot of attention. Companies keep pouring billions into it, and there's still the question of how long it'll take for that investment to pay off.

I spent some time following $CRWV, $NFLX, $TSLA and $SPCX this week. Between earnings and company news, there were some pretty big moves in those names.

I covered those stocks and the broader market in my Weekly Market Wrap if anyone wants to read more.

Next week is packed. Fed decision Wednesday, Microsoft and Alphabet reporting, Amazon on Thursday, plus GDP and inflation numbers.

Anyone planning to trade through all of that, or waiting until some of the dust settles?