Balance of power indicator buyer or seller kay darmeyan ki strength ko measure karta hai. Es ko use karny sy trader ko market ki direction ka pata chal jata hai. Open price ma sy closing price ko minus kiya jaye or phr es ko high price or low price kay difference sy divide kiya jaye to hamy es indicator ki value mel jaye gi. Es kay result ko moving averge sy smooth kiya jata hai.
What is BOP indicator.
Balance of power indicator ko pehle par 2001 ma discovered kiya giya or es indicator ki value ko find karny ki kuch conditions hoti hai jin ko samajna bhot zaruri hai. Es kay laye 14 period moving average ko recommend kiya jata hai. But ye periods kay number time frame or market par depend karty hain. Jo level bottom or top cluster ko find karta hai to ye es indicator ki bhot important property samji jati hai. Uptrend ma es kay high point upper limit ko touch karta hai or phr bottom level taj wapas ni jata. But down trend kay case ma ye situation reverse ho jati hai. Ye indicator over bought or over sold level ko find karny ma bi help karta hai es he tarhe ye price divergence ki bi madad farham karta hai.
How does balance of power indicator work.
Balance of power ik unique indicator hai or ye average indicator kay bhot similar work karta hai. Es ki value zero kay above or below move karti hai but ham es ko oscillator ki category ma include ni karty. Kiu kay ye bullish or bearish swing ki performance ko indicate ni karta. Esa karny kay laye es ki apni alag unique logic hoti hai. Ye market kay positive sentiments ko show karta hai jb market ki value 00 sy oper hoti hai or same es he tarha ye market kay negative sentiments ko show karta hai jb es ki value zero sy below move karti hai.
Use of balance of power indicator.
Es indicator ka use karna comparitively easy hota hai jb ham esko complex indicator kay sath compare karty hain to ye hamy bhot simple lagta hai. But es ma trader kay laye ik challenge hota hai kay bop market trend ko follow kar raha hai ya ni. Bhot sary trader us general rule ko he follow karty hain jo ham pehle discuss kar chuky hain. But succesful trading kay laye es indicator ko other indicators kay sath teamed karna hota hai or es tarha market ki clear picture ko gain karna easy ho jata hai.
Limitations of balance of power indicator.
Other indicators ki tarha bop indicator kay bi kuch short comming hoty hain or ye trader ko kio gurantee ni deta kay market ma sell ki trade ko open karna chahe ya buy ki trade ko open karna chahe. Ye indicator market kay trend ko samajny ma bhot important role play karta hai. Ye indicator bearish or bullish signal farham karta hai or ye signal bhot jald reverse ho jaty hain. Trader agr enko dakh kar market ma enter ho to ye kuch dair kay bad reverse ho jaty hain jis sy trader ko problems face karna parh sakti hain.
What is BOP indicator.
Balance of power indicator ko pehle par 2001 ma discovered kiya giya or es indicator ki value ko find karny ki kuch conditions hoti hai jin ko samajna bhot zaruri hai. Es kay laye 14 period moving average ko recommend kiya jata hai. But ye periods kay number time frame or market par depend karty hain. Jo level bottom or top cluster ko find karta hai to ye es indicator ki bhot important property samji jati hai. Uptrend ma es kay high point upper limit ko touch karta hai or phr bottom level taj wapas ni jata. But down trend kay case ma ye situation reverse ho jati hai. Ye indicator over bought or over sold level ko find karny ma bi help karta hai es he tarhe ye price divergence ki bi madad farham karta hai.
How does balance of power indicator work.
Balance of power ik unique indicator hai or ye average indicator kay bhot similar work karta hai. Es ki value zero kay above or below move karti hai but ham es ko oscillator ki category ma include ni karty. Kiu kay ye bullish or bearish swing ki performance ko indicate ni karta. Esa karny kay laye es ki apni alag unique logic hoti hai. Ye market kay positive sentiments ko show karta hai jb market ki value 00 sy oper hoti hai or same es he tarha ye market kay negative sentiments ko show karta hai jb es ki value zero sy below move karti hai.
Use of balance of power indicator.
Es indicator ka use karna comparitively easy hota hai jb ham esko complex indicator kay sath compare karty hain to ye hamy bhot simple lagta hai. But es ma trader kay laye ik challenge hota hai kay bop market trend ko follow kar raha hai ya ni. Bhot sary trader us general rule ko he follow karty hain jo ham pehle discuss kar chuky hain. But succesful trading kay laye es indicator ko other indicators kay sath teamed karna hota hai or es tarha market ki clear picture ko gain karna easy ho jata hai.
Limitations of balance of power indicator.
Other indicators ki tarha bop indicator kay bi kuch short comming hoty hain or ye trader ko kio gurantee ni deta kay market ma sell ki trade ko open karna chahe ya buy ki trade ko open karna chahe. Ye indicator market kay trend ko samajny ma bhot important role play karta hai. Ye indicator bearish or bullish signal farham karta hai or ye signal bhot jald reverse ho jaty hain. Trader agr enko dakh kar market ma enter ho to ye kuch dair kay bad reverse ho jaty hain jis sy trader ko problems face karna parh sakti hain.