Saturday, September 15, 2012

Buying and Selling Pressure Indicator


My Buying and Selling Pressure Indicator has invoked lot of interest and have received many requested.  This is actually a very simple indicator using the daily excursion of the price.
Many times it is just a matter how we are looking at the data.  We can glean lot of information if we look at the data the right way. My Buying and selling pressure indicator is also the same case. Very simple Indicator, using the open, High, Low and Close and the volume. It obviously not a Holy Grail, but does give a very good picture of the buying and selling pressure.

I am sharing the afl for the same. There are two indicators. One is a Raw Buying and selling pressure Indicator.  The Raw buying and selling indication is provided in terms of a Histogram. Green bars above zero show the buying pressure and the red bars below the zero line show the selling pressure.  This presents a good visual representation of the dominating pressure.

The second is a smoothed version with version with a yellow line representing the selling pressure and a turquoise line which represents the Buying pressure. If the turquoise line is above the yellow line it would mean that the Buying pressure is more and vice versa. The difference between the two is plotted as a Histogram. This is a cumulative value of the buying and selling pressure and provides a easy visual presentation of the dominating pressure.
These two indicators can easily compliment your main strategies like Volume Spread Analysis..

You can also watch my video on this Indicator..



Download the Indicator Set.
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20 comments:

  1. SMART TraderSeptember 16, 2012 at 10:05 PM

    Hi Karthik

    Nice to meet you again
    I learned the basics of TA from you and saint at Traderji.I think you were in Kuwait. Still there?
    I am from Thrissur and a write a blog on day trading Nifty Futures. Leisurely have a look
    http://www.niftynirvana.blogspot.in/
    Looking forward for meaningful interaction
    Kindly remove word verification from comments

    Regards

    Rajesh

    ReplyDelete
  2. rv2810October 20, 2012 at 2:07 PM

    dear sir
    can u pls confirm if the buying/selling pressure indi is based on bid/ask data! if not, then what is it based on?
    thks in adv

    ReplyDelete
  3. RenuMay 28, 2013 at 9:53 AM

    beautifullllllllllll sir,,

    ReplyDelete
  4. UnknownDecember 16, 2013 at 10:16 AM

    hi sir
    very intersting to c ur blog
    and before i saw ur money flow indicator setup vedio
    after i came to my trading software (angel broking not like ambibroker or metatrader software which cant save afl codes)software i have searched then i got mfi but its totaly diffrent
    so plz kindly post the formulas for buyying pressure and selling pressure with volume indicator?
    thanku in advance

    ReplyDelete
  5. vikasFebruary 15, 2014 at 1:03 AM

    Hello Kartik, This is very nice indicator.I have one more idea, which if u like u can integrate into it. That is using OI for trading in F&O instead of Volume.

    ReplyDelete
    Replies
    1. RafaelNovember 10, 2022 at 3:56 PM

      Vikas, baixei os arquivos em formato afl, como consigo abri-los no Meta Trader ?

      Delete
  6. indostockJuly 18, 2014 at 3:11 AM

    Dear Sir

    Your indicator is very awesome. I use it with time period modification and get consistency profit on intraday trading. Thank for your sharing.

    Indonesian Stock Trader

    ReplyDelete
  7. ivijayAugust 29, 2014 at 5:35 PM

    IMHO, The Twiggs Money flow indicator seems to have better performance than this one.
    http://www.incrediblecharts.com/indicators/twiggs_money_flow.php

    ReplyDelete
  8. UnknownFebruary 14, 2015 at 10:13 AM

    Your indicator is very awesome. I use it with time period modification and get consistency profit on intraday trading. Thank for your sharing.
    http://www.tradingbuysellsignal.com

    ReplyDelete
    Replies
    1. prabhakaran.RJuly 8, 2021 at 5:31 AM

      SIR TELL ME THE MODIFICATIONS REQUIRED FOR TRADING BANKNIFTY OPTIONS--MAINLY PERIOD

      Delete
  9. UnknownNovember 22, 2015 at 12:16 PM

    i want to use this indicator ...what i can do for this
    can you give me any link of this indicator ?

    ReplyDelete
  10. UnknownJanuary 24, 2016 at 6:06 PM

    do you Ninja platform version

    ReplyDelete
  11. UnknownMay 4, 2018 at 5:18 PM

    Hai bro karthikmarar, i'm a newbienewbie..may i know what software @ app did you used?

    ReplyDelete
  12. HEALTH CAREJuly 9, 2020 at 12:24 PM

    We are urgently in need of Kidney donors with the sum of $500,000.00,
    Email: customercareunitplc@gmail.com

    ReplyDelete
  13. 5magnificosMarch 6, 2021 at 12:38 PM

    Hi all. Anyone has this indicator for Ninjatrader 8?
    Thanks !!

    ReplyDelete
  14. UnknownMarch 8, 2021 at 1:41 AM

    sir can i get demand and supply wave and price wave indicator afl

    ReplyDelete
  15. huyhoang.invApril 10, 2021 at 12:48 AM

    Thank you!

    ReplyDelete
  16. prabhakaran.RJuly 8, 2021 at 5:34 AM

    I NEED THE PERIOD SETTINGS FOR BANK NIFTY OPTIONS TRADING IN BUY SELL PRESURE INDICATOR

    ReplyDelete
  17. castoravonApril 4, 2024 at 2:12 AM

    Your explanation of how the buying and selling pressure indicator works was super clear and easy to follow. I appreciate how you broke down each component and illustrated it with examples. It's one thing to read about these concepts, but seeing them in action really solidifies the understanding. buy & sell smart

    ReplyDelete
  18. 12horoscopesigns.comSeptember 14, 2024 at 6:26 AM

    Buy and Sell Horoscope – Want to know what to buy and sell is good for you according to your horoscope? As the planets dance through the financial heavens and their movements signal auspicious times for buying and selling. Mercury's influence sharpens negotiation skills, while the Sun illuminates promising deals for you. However, Neptune's haze advises caution against illusionary bargains. Visit: Horoscope Prediction

    ReplyDelete

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