Buyers Versus Sellers Dashboard Indicator
This advanced forex dashboard indicator measures buyers versus sellers in the market. It can give you a good indication of where the future currency price is heading to, up or down. Who wins the battle? A green trend means that buyers outrank the sellers, the price goes up. A red trend means that sellers outrank the buyers, the price goes down. The buyers vs seller indicator work for the M1, M5, M15, M30, H1, H4 and daily chart.
Trading Signals
Buy: Wait for green trend to rise above 90%.
Sell: Wait for red trend to rise above 90%.
Indicator Preferences
Currency pairs: any
Preferred Time frames: Suitable for 1 min charts up to the daily charts.
Sessions: Europe and US for charts below the 30 min, 24/7 for 30 min charts and higher.
Configurable Indicator Options
ShowHistogram, ShowDelta, Period, Corner, Colors,…