INVITE-ONLY SCRIPT
Buy and Sell Pressure
Telah dikemas kini
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.
Nota Keluaran
Fixed shadow`s bar countingNota Keluaran
Recalibration of signal bars:- Orange signs a trend entry
- Green signs a countertrend entry
Nota Keluaran
Changed color's barsSkrip jemputan sahaja
Akses ke skrip ini adalah terhad kepada pengguna yang diberikan akses oleh penulis dan kebiasaannya memerlukan pembayaran. Anda boleh menambahkannya kepada senarai kegemaran anda, tetapi anda hanya dapat menggunakannya setelah meminta izin dan mendapatkannya dari penulis. Sila hubungi UnknownUnicorn1529053 untuk lebih maklumat atau rujuk arahan penulis seperti di bawah.
TradingView tidak mencadangkan anda membayar untuk skrip dan menggunakannya kecuali anda mempercayai penulisnya 100% dan memahami bagaimana skrip itu berfungsi. Juga, anda boleh mencari alternatif sumber terbuka yang bagus secara percuma dalam Skrip Komuniti kami.
Arahan penulis
″
Ingin menggunakan skrip ini pada carta?
Amaran: sila baca sebelum memohon akses.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.