Buying/Selling Pressure

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Buying/Selling Pressure

Postby 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
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