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purchase market strength (BSS) is a technical analysis oscillator, showing bullish (buy) and bearish (sell) strength by comparing upwards and downward inventory momentum moves.

The BSS is easy to interpret:

1. as BBS Histogram is Green, it’s bullish, as it’s Red, it’s bearish.

2. BSS is considered overbought as it is closer to Top Line and oversold when it is closer to Bottom Line.

3. When it shows Buy sign close to the Bottom line, it is a more reliable signal.

4. audio, Pop-up message, Push notification and Mail alarms after signal is confirmed. All alarms are set to OFF by default. (some alerts need to change settings in: Tools/Options)

purchase market strength (BSS) is a technical analysis oscillator, showing bullish (buy) and bearish (sell) strength by comparing upwards and downward inventory momentum moves.

The BSS is easy to interpret:

1. as BBS Histogram is Green, it’s bullish, as it’s Red, it’s bearish.

2. BSS is considered overbought as it is closer to Top Line and oversold when it is closer to Bottom Line.

3. When it shows Buy sign close to the Bottom line, it is a more reliable signal.

4. audio, Pop-up message, Push notification and Mail alarms after signal is confirmed. All alarms are set to OFF by default. (some alerts need to change settings in: Tools/Options)

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Bug is fixed, the indicator works in real time charting.

Bug is fixed, the indicator works in real time charting.

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Published

16 December 2018

Updated

14 January 2019

Current Version

3.0

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XenusMT4 January 22, 2021 6:58 am
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very useful!!!!

Mazurka January 22, 2021 6:58 am
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This Isn’t AN INDICATOR, BUT A UTILITY. IT DOESN’T WORK ONLINE, THE DATA IS DISPLAYED WHEN THE TIMEFRAME CHANGES((((((((

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