Balance of Power (BOP)

Relates each candle body to its full range to show whether buyers or sellers were in control. Unsmoothed, so pair it with an SMA for the smoothed variant many chart platforms display.

Live Demo

Pick a market regime to see how BOP(1) reacts:

Usage

import {BOP} from 'trading-signals';
 
// BOP yields results once 1 input has been added
const bop = new BOP();