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The Market Entropy indicator was created to measure the order of price changes over time. consists of two lines and a histogram where the lines are responsible for measuring the price movement and the histogram measures the strength of the analyzed movement. It can be used to find a trend (Image 2) or price reversal (Image 3).
Blue Line: Buy Entropy Red Line: Sell Entropy Historgram: Market Entropy
Interpretation: Buy Line above the Sell Line indicates that in the analyzed period buyers wer