Indicators: Balance of Power

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Automated-Trading
148157
Automated-Trading  

Balance of Power:

The Balance of Power (BOP) indicator was described by Igor Livshin and measures the strength of the bulls vs bears by assessing the ability of each to push price to an extreme level.

Author: Nikolay Panev

Sergey Golubev
Moderator
110780
Sergey Golubev  
lippmaje
729
lippmaje  

This indicator has a flaw in that the indicator histogram is not colorized correctly and shows missing bars (MT5 Build 2007/2072/etc).

Link to a fixed version can be found here: https://www.mql5.com/en/forum/315390#comment_12008399

broken (red color to illustrate)

fixed, see link (fixed, follow link to get fixed indicator)

Indicator color issue
Indicator color issue
  • 2019.06.09
  • www.mql5.com
Hi, I'm experiencing a strange thing with a colorized indicator histogram. The histogram is defined like so: Note the two colors...
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