OPEN-SOURCE SCRIPT

Psychological line Strategy

7 363
Psychological line (PSY), as an indicator, is the ratio of the number of
rising periods over the total number of periods. It reflects the buying
power in relation to the selling power.

If PSY is above 50%, it indicates that buyers are in control. Likewise,
if it is below 50%, it indicates the sellers are in control. If the PSY
moves along the 50% area, it indicates balance between the buyers and
sellers and therefore there is no direction movement for the market.

WARNING:
- This script to change bars colors.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。