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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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The AT Forex Indicator MT4 is a sophisticated trading tool designed to provide traders with a comprehensive analysis of multiple currency pairs. This   powerful indicator   simplifies the complex nature of the forex market, making it accessible for both novice and experienced traders. AT Forex Indicator uses   advanced algorithms   to detect trends, patterns and is an essential tool for traders aiming to enhance their forex trading performance. With its robust features, ease of use, and reliabl
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
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