BSI

BSI Trend and Channel – indicator MetaTrader 4

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Fig.1. Uptrend line
This indicator shows trend line and channels using the BSI Indicator. First, it will check the trend by BSI. Then, draw the trend line or channels by condition. The trend line uses regression line, channels use tango line. I’ve uploaded the compatible Tango Line indicator. I rewrote it again for this indicator. Display: orange dash … Read more

BSI – indicator MetaTrader 5

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Figure 1. The BSI indicator
Real author: fxborg Bounce Strength Indicator (BSI) shows the strength of bounce according to the Wyckoff method. After a move higher, the stock moves into a flat consolidation with a clear support level. Chartists should watch action closely as prices approach support level. A high volume surge off support, also known as a springboard, is … Read more

BSI Trend and Channel – indicator MetaTrader 5

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BSI Trend and Channel - indicator for MetaTrader 5
This indicator shows trend line and channels using the BSI Indicator. First, it will check the trend by BSI. Then, draw the trend line or channels by condition. The trend line uses regression line, channels use tango line. Display: orange dash line— trend line or channel (high). blue dash line — trend line or channel … Read more