Swing Velocity

How Draconic reads it

Swing velocity measures rate of change between swings, not candle-by-candle movement. A velocity reading at the 93rd session percentile means the current move is faster than 93% of all moves in today's session; statistically extended, not just "fast." When velocity is declining across successive swings, price is moving slower even if direction hasn't changed. This deceleration often appears before a reversal becomes visible on any standard indicator. Rising velocity confirms momentum. Declining velocity warns of exhaustion before the chart shows it. The session percentile framing matters because absolute velocity numbers vary by instrument and conditions; what's fast for NIFTY on a quiet day is slow on an expiry day.