Balance of Power Indicator Settings Formula and Usage

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The balance of power indicator or BOP has the properties of any other oscillator. In simple terms, it oscillates above or below the zero line but still is considered as an indicator. The indicator determines the market strength of total buyers against that of total sellers. The basic strategy is quite straight, once the balance of power indicator moves above zero line take a buy. And, if the BOP moves below the zero line, take a sell. But for obvious reason, this strategy alone is not sufficient for making reasonable profits. You need to apply few more strategies along with it. The rest of the strategy you will find in this video. So check the video out. And apply these strategies while trading. The special features of the indicator are besides generating buy-sell signals; it also helps to identify the support-resistance and market trend. For more such videos do not forget to subscribe to my channel. Traders trading under me can also be a part of my trading team by opening a trading and demat account under me. Whatsapp your name, mobile number and email to +91-9674321856. ---- Know more about Balance of Power Indicator Settings, Formula and Usage in my blog post here: ---- Get Zerodha Kite and access the BOP: ---- Get Upstox Pro and access the BOP: ---- Join my trading team and get my special guidance: ---- And Follow Us At: ---- Website: Twitter: Facebook: Google+: -~-~~-~~~-~~-~- Please watch: "Camarilla Pivot Point Trading Strategy for Intraday Profit Live" -~-~~-~~~-~~-~-

Published by: Indrajit Mukherjee
Published at: 2 years ago
Category: آموزشی