Banker Energy Expert (BEE)
Banker Energy Expert (BEE) is a quantitative indicator for following long & short momentum. It is mainly used to observe the changes of funds for long & short positions in the market.
The upper zone of the Zero Axis indicates the inflow of funds, where the lower zone indicates outflow of funds.
The BEE candle bar is shown in 4 different colours :-
1) Dark green represents increasing upward momentum
2) Light green represents decreasing upward momentum
3) Dark red represents increasing downward momentum
4) Light red represents decreasing downward momentum
When the dark green candle bar cross above the Zero Axis, it indicates a strong long position; conversely whenever the red candle bar cross below the Zero Axis, the market turns to a short position.
Instruction:
- It is recommended to use this BEE indicator together with Trend Indicators eg. Ladder Expert
- For Long position, always select stocks with uptrend
- The dark green candle bar cross above the Zero Axis as a short-term buy point. When the dark green bar turns to light green, once the lowest price of the corresponding light green bar is broken, it is a short-term selling point.
- The red bar falls below the Zero Axis is the last selling point
Alert Setting :
🔻 Dark GREEN bar turns to Light GREEN
💹 Dark RED bar turns to Light RED
💸 Candle bar cross below Zero Axis
🤑 Candle bar cross above Zero Axis
The upper zone of the Zero Axis indicates the inflow of funds, where the lower zone indicates outflow of funds.
The BEE candle bar is shown in 4 different colours :-
1) Dark green represents increasing upward momentum
2) Light green represents decreasing upward momentum
3) Dark red represents increasing downward momentum
4) Light red represents decreasing downward momentum
When the dark green candle bar cross above the Zero Axis, it indicates a strong long position; conversely whenever the red candle bar cross below the Zero Axis, the market turns to a short position.
Instruction:
- It is recommended to use this BEE indicator together with Trend Indicators eg. Ladder Expert
- For Long position, always select stocks with uptrend
- The dark green candle bar cross above the Zero Axis as a short-term buy point. When the dark green bar turns to light green, once the lowest price of the corresponding light green bar is broken, it is a short-term selling point.
- The red bar falls below the Zero Axis is the last selling point
Alert Setting :
🔻 Dark GREEN bar turns to Light GREEN
💹 Dark RED bar turns to Light RED
💸 Candle bar cross below Zero Axis
🤑 Candle bar cross above Zero Axis