buying/selling pressure

Discussion in 'Technical Analysis' started by spreadem, Jun 13, 2005.

  1. qtip

    qtip

    Check out this website... They seem to have an indicator that measures the buying/selling pressure which correspond to the support/resistance level.

    http://www.ftacademy.com/pages/pressure.htm

    http://www.ftacademy.com/pages/images/pressure.jpg
     
    #11     Jun 13, 2005
  2. Quotetracker has pressure bars that you can add to the chart to show you the buy/selling pressure. Their indicator page says:

    Pressure Bars
    This indicator shows the ratio of the volume of trades going off at ask vs. trades going off at bid for each period of time.
     
    #12     Jun 13, 2005
  3. Any ideas on how it can be calculated ?
     
    #13     Jun 14, 2005
  4. I have to bump this - how can one quantify this 'pressure'?
     
    #14     Oct 8, 2008