Indicators: Point of Balance

[Automated-Trading]

Point of Balance:

The indicator shows current trend by showing a color of the current balance. The opposite color is not displayed as long as it does not become a trend (hence, lack of color, means the opposite trend is the prevailing)

Author: Mladen Rakic

[Pedro Botas]

Have you tested trading with this? Any results?

[Mladen Rakic]

Pedro Botas:
Have you tested trading with this? Any results?

I think that it is the best that you find the article and read it - there you can find from the first hand the authors explanation how it should be traded

[Mustafa Kavas]

Hi Mladen Rakic

point of balance indicator

Histogram, multitimeframe and zero line alert version???