MetaTrader 5 โ€ฃ MT5 Indicators โ€ฃ Buying_Selling_Pressure โ€“ indicator MetaTrader 5

Buying_Selling_Pressure – indicator MetaTrader 5

Buying/Selling Pressure indicator displays the strength of buys and sells pressure.

There are five inputs:

  • Period – calculation period
  • Smoothing period
  • Smoothing method
  • Pressure filter – pressure types filter
    • Both pressures – display both pressure types
    • Buying pressure – display buys pressure
    • Selling pressure – display sells pressure
    • Prevailing pressure – display prevailing pressure
  • Smoothing filter
    • Both – display both types
    • Only unsmoothed – display only unsmoothed
    • Only smoothed – display only smoothed

Buys pressure:

BP = High - Open

Sells pressure:

SP = Open - Low

Prevailing pressure:

If BP > SP, ั‚ะพ PP = BP If SP > BP, ั‚ะพ PP = SP

Smoothed values:

SBP = MA(BP,Smoothing period,Smoothing method) SSP = MA(SP,Smoothing period,Smoothing method) SPP = MA(PP,Smoothing period,Smoothing method)

Various data display filters:

Alternative:   AROON - indicator MetaTrader 5



https://www.mql5.com/ru/code/22344

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