fxcodebase-backup

Buying/Selling Pressure

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=62404
Forum: 38 · Topic 62404 · 1 post(s)


Buying/Selling Pressure

Apprentice · Mon Jul 06, 2015 9:48 am

eurusd-h1-forex-capital-markets-7.png

Based on viewtopic.php?f=17&t=32052

BP = high-open SP = open -low

Prevailing pressure filter If BP > SP then PP = BP If SP > BP then PP = SP

Type 1 Filter 0 - Both 1 - Buying 2 - Selling 3- Prevailing

Type 2 Filter 0 - Both 1 - Unsmoothed 2 -Smoothed

BSP.mq4