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trading_mentalist
20 сен 2021 г., 22:15

Flow of Range 

BTCUSDT SPOTBybit

Описание

The Flow of Range is calculated by averaging the range for the given bars for the short term oscillations, then averaging the average to determine long term runs.

Above 0 indicates bullish momentum, below 0 indicates bearish momentum.

Notice the behavior of the market when the range is increasing and decreasing - both on the long and short term oscillations.

The indicator should be used in a discretionary manner along with your usual preferred tools.
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