Buy Sell Pressure Indicator Video
I went and created a 20 minute video using the new buy sell pressure indicator. The video illustrates 3 tremendous winning trades that were all setup using the buy sell pressure indicator. But the point of the video is not to illustrate just the good trades. I also look at the indicator and explain why other trades are either just marginal 6-8 tick winners, or losses. The important takeaway from this video is that you learn what patterns will take a market higher or lower, and what patterns lead to reversals.
The video shows an extremely bullish first move, followed by a three short trades which ends up in nearly 20 ES points of profit in 3 trades. You look at how the indicator told you to either stay in the trade, move a stop, and when to consider exiting a trade. All from just the buy sell pressure indicator. You can also see why other trading patterns during this period just did not work.
This is what is important. I have always understood that ZoneTraderPro patterns work but have always needed a filter to explain why either a trade is marginal or will fail. This indicator goes a long way in this understanding of what works and what doesn’t work. This will allow you to create a trading plan where only the highest probably trades are taken.
Also explained in this video is how the accumulation distribution indicator works and the indicator setups for both. You can see the accumulation distribution indicator in the lower panel of this picture. This indicator is measuring the 5 levels in the Super Dom and displays whether there are net buyers or net sellers.
Be sure to expand the video to full screen in the lower right corner for the best viewing experience.