Flow of Range

BTCUSDT SPOTBybit

Beskrivning

⋅ 20 sep 2021 22:15

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.

Mer