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DecisionBar BiasBar

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The BiasBar is a measure of the tendency of the market to trend, and the direction the trend might take, at the current moment.

The color of the Bias Bar varies from Deep Red to Light Pink to Grey, and then from Pale Green to Dark Green.

The “Redder” the bar, the stronger the trend bias to the downside. The “Greener” the bar, the stronger the trend bias to the upside.

A Grey bar suggests no discernable market bias.

One caveat here. Dark Red bars and Dark Green bars can also indicate the end of a trend is near.

Be especially cautious of entering or re-entering a strong trend, based on the bar being Dark Red or Dark Green.

Ideally, the best set-up for a long trade occurs when the Bias Bar moves from grey to increasing darker shades of green.

The best set-up for a short trade occurs when the Bias Bar moves from grey to increasing darker shades of red.

When the Bias Bars appears to randomly change colors, it indicates a choppy, high risk market that you may want to avoid.

Penafian

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