Select language
Balance replenishment ALIEBAY

REGISTER PARTICIPANTS Lopez Pressure 1.2

Discussion in 'Forex indicators MT4' started by Emma McNeill, Oct 4, 2020.

Stage:
Recruitment of participants
Price:
30.00 USD
Participants:
0 of 5
Organizer:
Emma McNeill
  1. Emma McNeill

    Emma McNeill Moderator
    Staff Member Organizer

    Joined:
    Aug 5, 2020
    Threads:
    1,451
    Messages:
    1,452
    Video Channel:
    1
    Likes Received:
    1
    Country:
    Ireland
    #LopezPressure


    Metatrader Indicator (MT4/MT5)
    001.png
    002.png 003.png 004.png 005.png

    This indicator anticipates price reversals analyzing bullish and bearish pressure in the market. The buying pressure is the sum of all the accumulation bars over a certain number of days, multiplied by the volume. The selling pressure is the sum of all of the distribution over the same number of bars, multiplied by the volume.

    The indicator ratio gives you a measure of the buying pressure as a percentage of the total activity, which value should fluctuate from 0 to 100. It implements two moving averages, fast and slow, to identify changes in pressure trends and look for trades accordingly.
    • A ratio of 50 means the market is balanced
    • A ratio over 70 means the market is overbought
    • A ratio below 30 means the market is oversold
    • The red dotted line is the current ratio
    • The blue line is the signal line
    • The orange line is the main line
    It has straightforward trading implications.
    • Look for buying opportunities when the market is oversold
    • Look for selling opportunities when the market is overbought
    • If the signal line is above the main line the pressure is bullish
    • If the signal line is below the main line the pressure is bearish


     
Similar Threads
  1. Emma McNeill
    Replies:
    0
    Views:
    359
  2. Emma McNeill
    Replies:
    0
    Views:
    339
  3. Emma McNeill
    Replies:
    0
    Views:
    479
Loading...

Share This Page

Select language
Balance replenishment ALIEBAY
  • Subscribe to new topics

    Subscribe
  • International online service AliEbay