Flow of Range

BTCUSDT SPOTBybit

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⋅ 20 กันยา 2021 เวลา 22 นาฬิกา 15 นาที

The Flow of Range is calculated by averaging the range for the given bars for the short term oscillations, then averaging the average to determine long term runs.

Above 0 indicates bullish momentum, below 0 indicates bearish momentum.

Notice the behavior of the market when the range is increasing and decreasing - both on the long and short term oscillations.

The indicator should be used in a discretionary manner along with your usual preferred tools.

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