ydfah Posted November 13, 2017 Report Share Posted November 13, 2017 Could you give the "Pressure Indicator for Dummies" explanation as to how this indicator works? It just doesn't seem to make any sense to me. Quote Link to comment Share on other sites More sharing options...
Jerry Medved Posted November 13, 2017 Report Share Posted November 13, 2017 Looks at last 30 trades (ticks with volume) adds up all the volume with the LAST at or below the bid. adds up all the volume with the LAST at or above the ask shows you the ratio Quote Link to comment Share on other sites More sharing options...
ydfah Posted November 13, 2017 Author Report Share Posted November 13, 2017 So it's mainly working off the bid and ask values and has nothing to do with the actual up or down tread of the last price? Quote Link to comment Share on other sites More sharing options...
Jerry Medved Posted November 13, 2017 Report Share Posted November 13, 2017 it is working of the last relative to bid/ask. Quote Link to comment Share on other sites More sharing options...
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