Buying & Selling Pressure Indicator for Thinkorswim
Disclaimer: None of this is to be construed as investment advice. Any trades made are your own, and using your own due diligence.
Howdy! @benjune from Twitter here!
This product continues to build on the foundation of "Learn to Fish" by @investandbefree on twitter.
Introducing the Learn to Fish “Buying & Selling Pressure” indicator. As the title implies, this indicator is a great supplement to the MACD as it shows when there is buying pressure or selling pressure on a stock.
The purpose of this indicator is to help traders who are learning LTF to understand and the concept of buying and selling power over multiple timeframes. Adding this to your trading arsenal can help you refine your entries and exits.
Use this indicatorcombination with the BenMACD to refine your exits and entries. With the “Buying & Selling Pressure” indicator, you can "start to see the future", as @CasazzaD says.
You'll receive the files and documentation necessary to install and setup the Buying & Selling Pressure