Dynamic Balance Point Indicator

Introduction to the Dynamic Balance Point Indicator The Dynamic Balance Point Indicator calculates the dynamic balance point for the desired period. Even though it is a sort of a multi timeframe indicator, it calculates the balance point without the usual issues that multi timeframe indicators have: the recalculation. The balance point is calculated correctly for…

Point of Balance (POB) Indicator

Introduction to the Point of Balance Indicator The Point of Balance (POB) indicator lays a triple line channel that serves as the current trend revealer. The price and candlestick move above/below that channel. It consists of three lines: the red and green lines are aligned to the upper outer and lower outer boundaries of the…