My kplswing indicator gave so many signals - all of which failed on daily charts.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjCwzKm01ZJj6A0gjidKX0S1jCt5fTYfHC3oeP9ar5xTI1CObiK9WFLtoG5EY4MnhS7v0CUbxG6tzAp7xYegCK67fWw9fcKHz9xr87WQ6r7xg-KOkT2M_o34MOUAEmeGHlYWKqKIXsU5w/s640/a.png)
Multiple whipsaws mean you should either reduce value of N to say 5 or view the same chart in higher timeframe.
Now here is the weekly chart... the expanding triangle is clearly visible... a new high is followed by retest of recent lows and so on. Treacherous trading environment.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh0iDAQzzq2YpT8wf0YxdoNs22hszjF8emSjOZ-FuhDLWitlj3EMH1hukYmsb0BeJPgzo5WAkj3WGaTNQamQuyo-sPGfv6FflxWrH2aMSOHdiTi9plv-dBwLCE2xFTs9bv67K-N_1LdIO0/s640/a.png)
Summary - after 2-3 whipsaws in any timeframe, either zoom out to get a better perspective or shift to a higher timeframe.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjCwzKm01ZJj6A0gjidKX0S1jCt5fTYfHC3oeP9ar5xTI1CObiK9WFLtoG5EY4MnhS7v0CUbxG6tzAp7xYegCK67fWw9fcKHz9xr87WQ6r7xg-KOkT2M_o34MOUAEmeGHlYWKqKIXsU5w/s640/a.png)
Multiple whipsaws mean you should either reduce value of N to say 5 or view the same chart in higher timeframe.
Now here is the weekly chart... the expanding triangle is clearly visible... a new high is followed by retest of recent lows and so on. Treacherous trading environment.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh0iDAQzzq2YpT8wf0YxdoNs22hszjF8emSjOZ-FuhDLWitlj3EMH1hukYmsb0BeJPgzo5WAkj3WGaTNQamQuyo-sPGfv6FflxWrH2aMSOHdiTi9plv-dBwLCE2xFTs9bv67K-N_1LdIO0/s640/a.png)
Summary - after 2-3 whipsaws in any timeframe, either zoom out to get a better perspective or shift to a higher timeframe.
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