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Indicators: AbsoluteStrength

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Automated-Trading
Admin
110999
Automated-Trading  

AbsoluteStrength:

The oscillator that displays forces of Buyers (Bulls) and Sellers (Bears) separately.

Author: Igor Durkin

Sergey Golubev
Moderator
101646
Sergey Golubev  

Hot to use this indicator :

Forum

Gold is Reaching at 1270

newdigital, 2013.07.01 21:04

How can we know: correction, or bullish etc (in case of using indicator for example)?

well ... let's take AbsoluteStrength indicator from MT5 CodeBase.

bullish (Bull market) :

bearish (Bear market) :

ranging (choppy market - means: buy and sell on the same time) :


flat (sideways market - means: no buy and no sell) :

correction :

correction in a bear market (Bear Market Rally) :



Anthony Garot
410
Anthony Garot  

Choosing [Refresh] menu item causes indicator to give strange results.

How to reproduce:

(1) This is the indicator added to a chart

(2) Now choose the [Refresh] menu item


(3) Note the strange appearance of the blue and red lines as compared to (1) above.


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