Buy Sell Pressure Indicator for MetaTrader 5 Download - Free - [TradingFinder]

The Buy-Sell Pressure Indicator is one of the most powerful tools for analyzing market momentum on the MetaTrader 5 platform by identifying and displaying Overbought and Oversold zones.

This indicator provides real-time Entry and Exit points in the oscillator window, showcasing key areas for traders. Its ability to identify price trends makes it ideal for scalpers and day traders.

Indicator Specifications

The details of this indicator are fully presented in the table below:

The Indicator in an Uptrend

In the Buy Sell Pressure Indicator, when selling pressure continuously increases, it can be considered a sign of the beginning of an upward trend.

The chart below, representing Dogecoin in a 30-minute timeframe, shows Oversold zones highlighted by the oscillator. This creates opportunities for traders to enter Buy trades based on their trading strategies.

The Indicator in a Downtrend

The chart below represents the price movements of EUR/USD in a 4-hour timeframe.

Buying pressure has decreased, and the market's willingness to buy has declined. Traders can use other tools and necessary confirmations to enter Sell trades in these zones.

Indicator Settings

The indicator settings are displayed in the image below:

• Chart Theme: Background color of the chart;
• Period: The calculation period for candles (default is 13).

Conclusion

The Buy-Sell Pressure Indicator is designed to analyze market momentum movements, displaying Overbought and Oversold zones precisely and in real-time.

This tool helps identify market momentum and trends. Moreover, presenting zones simply and understandably provides entry and exit points for traders ranging from beginners to professionals.