Buyers Versus Sellers Dashboard Indicator
This advanced forex dashboard indicator measures buyers versus sellers in the market. It can give you a good indication of where the future currency price is heading to, up or down. Who wins the battle? A green trend means that buyers outrank the sellers, the price goes up. A red trend means that sellers outrank the buyers, the price goes down. The buyers vs seller indicator work for the M1, M5, M15, M30, H1, H4 and daily chart.
Buy: Wait for green trend to rise above 90%.
Sell: Wait for red trend to rise above 90%.
Currency pairs: any
Preferred Time frames: Suitable for 1 min charts up to the daily charts.
Sessions: Europe and US for charts below the 30 min, 24/7 for 30 min charts and higher.
Configurable Indicator Options
ShowHistogram, ShowDelta, Period, Corner, Colors,…