Bull and Bear force/power indicator with price action signal at Oversold or Overbought Area.
GREEN Bar indicates Bull is in control RED Bar indicates Bear is in control. LENGTH of the bar indicate the strength of Bull or Bear.
Example of BUY
Usage#1 : Potential BUY if the RED bar turned GREEN. (Best to Long if RED turn GREEN happen at Support) Potential SELL if the GREEN bar turned RED.
Usage#2 : Potential BUY if the RED bar turned BLUE (above 0) with BoD signal appears. (BEST Buy On Dip strategy) Potential RISK BUY if the RED bar turned BLUE (below 0) with BoD signal appears (RISKY Buy on Dip where price might not have enough strength to move up)
Notas de Lançamento
Force Index and Fast Turtle Stochastic Indicator
This indicator to is to measure the strength of the BULL or BEAR based on Price Action, Momentum and Volume.
How to Read :-
GREEN BAR is indicated BULL is in Control. Buy is favorable.
RED BAR is indicating BEAR is in Control. Sell is favorable.
BLUE BAR is indicating potential reversal UP. >>>>> BLUE BAR but below 0 (RED BACKGROUD) = Reversal weak. >>>>> BLUE BAR and above 0 (GREEN BACKGROUND) = Reversal Strong ( With STAR)
example :-
RED Bar turn GREEN bar => Look for BUY opportunity GREEN Bar turn RED bar => Look for SELL opportunity
BLUE BAR with STAR => STRONG BUY. Minimal RISK
Notas de Lançamento
Bug Fix : FiFT change with Candle Type. FiFT is not suppose to depend on Candly Type (e.g. Heikin Aishi...) Standardize signal to avoid confusion : OB = Overbought, OS = Oversold.
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