⚡️Episode 72: Balance of Power Indicator – Who is really in control? Buyers or Sellers? ⚔️
The price moves…
But who is actually in control? The bulls 🐂 or the bears 🐻?
The Balance of Power (BOP) indicator gives you the answer simply!
It reveals whether buying or selling pressure is actually directing the market… even if the price seems otherwise! 🔍
📊 What does the indicator do?
It measures the extent of control by buyers or sellers within each candle, showing who dominated the close.
✅ Positive value → Buyers are dominant
✅ Negative value → Sellers are dominant
✅ Value close to zero → Balance or weakness in momentum
💡 Best uses:
🔸 Confirming the strength of the trend
🔸 Revealing shifts in control between buyers and sellers
🔸 Filtering false breakouts and measuring true momentum
🚫 Not used alone in:
❌ Predicting direction without supporting indicators
❌ Low volume or high volatility currencies
🟢 Is the indicator available on Binance?
Yes ✅
Search for "Balance of Power" in the indicators list.
🛠️ How to add it on Binance:
Open the chart
Click on [🧠 Indicators]
Search for "Balance of Power"
Add it – the default settings are sufficient!
📌 Tip for professionals:
Use BOP with volume or trend indicators like OBV or EMA to confirm whether the breakout is truly supported or just noise. 📈🚫
🔥 Next episode: An advanced indicator that measures momentum and adapts to volatility to provide early signals before price movements!
