What Is The Balance Of Power Indicator & How To Trade With It

Balance Of Power Indicator Explained

The Balance of Power indicator developed by Igor Livshen is a typical oscillator that indicates trend continuation and reversal. The Balance of Power indicator can be used on your trading platform charts to help filter potential trading signals as part of an overall trading strategy. What is the Balance of Power indicator? The Balance of Power indicator is a technical analysis tool. It continually measures the balance between the market power of buyers and sellers. It helps traders to determine the dominant sentiment at the moment. Traders can use this indicator to: Identify the direction of a trend. Find discrepancies …READ MORE