INVITE-ONLY SCRIPT
Buy and Sell Pressure
Diupdate
Buy and sell pressure indicator, according to MY opinion of AI Brooks Price Action method (in particular the concept of buy and sell pressure that it presents).
As I have some difficulty in analysing the pressure from the context shown in the graphic, I have created an indicator that counts the bodies (and trend-favouring shadows) of the last bars, in order to reach a value that express the resulting pressure and direction (if in that time break the Market is more for buying or selling).
Taking this resulting direction as a basis and the applied moving average, the orange signal validates a favourable input pressure (the direction of the bar in the histogram suggests whether it is for buying or selling), and the green colour signal validates a more favourable pressure.
At last, the grey colour signal suggests that an operation in favour of the majority trend does not have as much support as the pressure resulting direction. Although, this does not mean that there are no possibilities of arising viable entries to be used against the trend (especially minority trends). This indicator will not track them.
I emphasize that the indicator is ONLY A VALIDATOR. Both input decisions and output decisions must be evaluated earlier by analysing the context presented by the graphic bars.
As I have some difficulty in analysing the pressure from the context shown in the graphic, I have created an indicator that counts the bodies (and trend-favouring shadows) of the last bars, in order to reach a value that express the resulting pressure and direction (if in that time break the Market is more for buying or selling).
Taking this resulting direction as a basis and the applied moving average, the orange signal validates a favourable input pressure (the direction of the bar in the histogram suggests whether it is for buying or selling), and the green colour signal validates a more favourable pressure.
At last, the grey colour signal suggests that an operation in favour of the majority trend does not have as much support as the pressure resulting direction. Although, this does not mean that there are no possibilities of arising viable entries to be used against the trend (especially minority trends). This indicator will not track them.
I emphasize that the indicator is ONLY A VALIDATOR. Both input decisions and output decisions must be evaluated earlier by analysing the context presented by the graphic bars.
Catatan Rilis
Fixed shadow`s bar countingCatatan Rilis
Recalibration of signal bars:- Orange signs a trend entry
- Green signs a countertrend entry
Catatan Rilis
Changed color's barsSkrip hanya-undangan
Akses ke skrip ini dibatasi hanya bagi pengguna yang telah diberi otorisasi oleh penulisnya dan biasanya membutuhkan pembayaran untuk dapat menggunakannya. Anda dapat menambahkannya ke favorit anda, tetapi anda hanya akan dapat menggunakannya setelah meminta izin dan mendapatkan aksesnya dari pembuat skripnya. HubungiUnknownUnicorn1529053 untuk informasi lebih lanjut, atau ikuti instruksi penulisnya dibawah ini.
TradingView tidak menyarankan untuk membayar untuk sebuah skrip dan menggunakannya kecuali anda 100% mempercayai pembuatnya dan memahami cara kerja skrip tersebut. Dalam banyak kasus, anda dapat menemukan alternatif skrip sumber terbuka yang bagus secara gratis di Skrip Komunitas kami.
Instruksi penulis
″
Inggin menggunakan skrip ini pada chart?
Peringatan: harap membaca sebelum meminta akses.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.