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Breadth-Force Oscillator (BFO)

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Welcome to the Breadth-Force Oscillator! This is a measure of the cumulative volume index relative to price action, and is used for swing trading.

How to read:
This indicator is read primarily through divergences in price, when the BFO is going down that is indicative of an uptrend and when it is going up that is indicative of a downtrend. Changes in the BFO direction give foresight towards shifts in trends.

Features:
This indicator is highly adjustable, and depending on how you adjust it, it may change the results of how you interpret it. This indicator includes multiple smoothing options to reduce noise on smaller time frames and gain more foresight to macro-trends in a given market, and other adjustable features which can be used to further customize.

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