Swing trading – A medium-term style aiming to profit from intra-trend “swings” that last days to weeks. Swing traders hold positions longer than day traders but shorter than buy-and-hold investors, capturing larger moves than scalpers. A typical swing-trading bot might analyze daily bars: for example, a cAlgo cBot could run on the daily chart, using technical signals (like RSI or Fibonacci retracements) to enter on pullbacks and exit at swing highs/lows. In Backtrader, one might write a strategy class with a next() method that buys on a defined “swing low” condition (e.g. MACD crossover on daily bars) and exits on a target profit or opposite signal. Swing trading EAs often include PlaceStopOrder() or ModifyPosition() calls to set wider stops and take-profits, and may run on timeframes like H4 or daily. It’s relevant for Forex robots because it balances between frequent trading and long-term holding; automated systems can patiently wait for setups overnight (no need for constant monitoring) and enforce discipline in holding through volatility.

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