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Buy/Sell Demand Pressure SMA

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This indicator shows when competing buying and selling pressure has changed.

When bullish buying offsets bearish transaction volume, the indicator turns green. When bearish selling pressure offsets bullish buying volume the indicator is red.

Can be used as a normal SMA or to confirm buy/sell signals of other indicators.

Works best at the start of trades...and not exits but if set properly, it is a good indicator of when a trend has reversed.

~ jb tuttle

Penafian

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