Flow of Range

BTCUSDT SPOTBybit

설명

⋅ 2021년 9월 20일 오후 10시 15분

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.