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Winner of Balance

The Winner of Balance indicator is based on the author's method of detecting market sentiment. designed to understand what the mood is in the market, who wins-bears or bulls.

Input parameters:

1. Settings for setting levels:

1.1. ATR Period - the period of the standard ATR indicator

1.2. K Lower Order, ATR-coefficient for setting the lower threshold in ATR (hotpink color)
1.3. KUpper Border, ATR - coefficient for setting the upper threshold in ATR (the Aqua color)
2. Settings for calculation of power lines:

2.1. Period analysis - the period of consideration of the balance line, bars

2.2. Period of Line Balance - the period of the balance line itself.

Line (color palegreen) - the power line of the balance of the bulls - if it is higher than the power line of the bears (color Salmon), then the bulls win. Conversely, if lower, the bears win...

Histogram - the difference between the power lines of bulls and bears.

Thresholds in the ATR are used to determine the strength of the signals being sent.

The dimension of the indicator is points.
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Alexey Minkov
4.48 (27)
The All-in-One Trade Indicator (AOTI) determines daily targets for EURUSD, EURJPY, GBPUSD, USDCHF, EURGBP, EURCAD, EURAUD, AUDJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY, AUDUSD, and USDJPY. All other modules work with any trading instruments. The indicator includes various features, such as Double Channel trend direction, Price channel, MA Bands, Fibo levels, Climax Bar detection, and others. The AOTI indicator is based on several trading strategies, and created to simplify market analysis. All-in-One
Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find
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