This indicator used to check the power in price and volume while the money going in and out of the market. It takes combination of price power, its direction and volume into consideration.
*** Can be used on long term chart (monthly or weekly) or even short-term one like daily, hourly chart.
*** Indicator colors: - Red: trend down - Green: trend up
*** Guide to use this indicator: - Buy when it is under 0 and starts going up. - Be hesitate to buy when the indicator is over 0, as your risk is big and the reward is low. - Always put a stop when you go in the market, as NO indicator can guarantee you 100% correct all the time.
Notas de prensa
Updated to USD/JPY to have longer view in term of time.
Notas de prensa
Updated UI. Updated buy and sell signal logic.
Notas de prensa
Add option to use a test price instead of current close price.
Notas de prensa
Update view.
Notas de prensa
Update short name.
Notas de prensa
Update price text.
Notas de prensa
Update chart.
Notas de prensa
Add resolution to reduce the noise of each bar (you still can use the original timeframe if you want too).
Can use in any timeframe (5m, 15m, 1H, 1D, 1W, ...) to see the trend.
Note: this script has a small side affect of repainting as it uses resolution. Thus, you might want to wait a little bit before entering a trade.
Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.