Friday, January 19, 2018

PZ Lopez Pressure MT5

PZ Lopez Pressure MT5


Indicator lopez Pressure It provides for price reversal, analyzing bullish and bearish pressure on the market.



  • The ratio of 50 means that the market is balanced

  • Ratio of more than 70 means that the market is overbought

  • The ratio of below 30 means the market is oversold

  • Red dotted line shows the current ratio

  • Blue line - the signal line

  • The orange line - the main line


He is directly involved in the trade.



  • Look for buying opportunities when the market is oversold

  • Look for opportunities to sell when the market is overbought

  • If the signal line is located above the main, the pressure bullish

  • If the signal line is located below the main, the pressure bearish




How is the indicator?


buying pressure - the sum of all the accumulated bars for a certain number of days, multiplied by the volume. Selling pressure - the sum of all distributions for the same number of bars, multiplied by the volume. The ratio indicator gives a measure of buying pressure as a percentage of total activity, whose value must range from 0 to 100. It includes two moving averages, fast and slow, to determine changes in trends and pressures for the respective search transactions.




Author


Arturo Lopez Perez, a private investor, speculator, programmer and founder of Point Zero Trading Solutions.


PZ Lopez Pressure MT5

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