Balance of Power
Posted: Thu Apr 12, 2018 11:53 am
Formula:
BOP[i] = (Close[i] - Open[i-Price_Action+1])/(Max-Min), where
Max, Min - maximum and minimum prices at range from (i-Range_Length+1) to (i).
Download:
BOP[i] = (Close[i] - Open[i-Price_Action+1])/(Max-Min), where
Max, Min - maximum and minimum prices at range from (i-Range_Length+1) to (i).
Download: