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  1. #1
    Legendry Member Michael Hodges's Avatar

    ok icon Weigh Your Signals With The Balance Of Power Indicator !!!

    The Balance Of Power Indicator is very similar to MACD in it's appearance and use but provides a much different view of the market. It compares opening, closing and high and low prices to determine who is charge, the bulls or the bears. The indicator can be used to judge momentum, measure support and resistance and to give a number of signals including trend following zero line crossovers. It is an easy indicator to use and one that I can recommend do newbies.

    This is the link to my full review of the Balance of Power Indicator.

  2. #2
    Legendry Member Michael Hodges's Avatar
    YO, anybody using this one? I liked it but want to know what yall think about it too....

  3. #3
    Master Member Bogdan G's Avatar
    Yeah, looking good, but I cant code or build my own indicators so I couldnt use it. The indicator itself is not provided... just a formula

  4. #4
    Legendry Member Michael Hodges's Avatar
    Quote Originally Posted by Bogdan G View Post
    Yeah, looking good, but I cant code or build my own indicators so I couldnt use it. The indicator itself is not provided... just a formula
    I"ll find a link, my charts have it included. Im sure you looked but it's not included on MT4? Isn't that what you use?

    Balance Of Power Download.

  5. #5
    Master Member Bogdan G's Avatar
    Thanks man. My MT4 doesnt have it.

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