Buyers Sellers Strength V1.1r Indicator
Platform: MT4 Type: Informational Last update: December 2, 2024The Buyers Sellers Strength V1.1r Indicator for MT4 shows on chart percantages of market participants: buyers (bullish force) and sellers (bearish force). What’s more, it provides data for various time periods: 1 month ago, 1 week ago, 1 day ago, 8 hours ago and 4 hours ago.
Based on how these forces were fluctuating in the past, you can draw conclusions for your current trades. In general, it’s better to stick with dominant side.
Example chart:
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