This indicator is currently being developed.
There are two versions.
Advance Pressure Trend
Compares the Up and Down Pressure of the last N bars.
The calculation takes into account the entire candle.
Body and Wick.
Advance Trend Pressure
TP.lua- (2.32 KiB) Downloaded 1028 times
Asymmetric Pressure Trend
It basically compares the Up and Down pressure
for the last, N candles in the direction of the trend,
and last N candle in the opposite direction from current trends.
Allows you to define a separate trend, and Reversal Period.
If you are using Smaller Reversal Period this will Result with in earlier signals.
Asymmetric Trend Pressure
- ATP.lua
- (2.82 KiB) Downloaded 862 times
Obtained data has a lot of noise.
Therefore, further smoothing is recommended.
The indicator was revised and updated
