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Best Indicator for getting who is in control of the market in the current session?
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Best Indicator for getting who is in control of the market in the current session?
Which are the best indicators for finding out who is controlling the current session - the bulls or the bears? I am yet to find a good indicator that can easily (and visually if possible) tell me if the current session has more and/or stronger buyers than sellers. Please let me know any recommendations you may have (preferably free ones haha). Thanks in advance.Tags: None
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Hello mbesha,
I just wanted to provide a quick note as there are some indicators that come with NinjaTrader which have bull/bear related logic/descriptions. I would suggest searching the help guide for the term "bear" to see these results. The Candlestick pattern is one item that has some detection for bull/bear patterns. The BOP indicator is a measure of bull/bear markets. A few other indicators come up in the search in relation to the terms and how they can be used.
I am certain other community members will respond with their experience here as well.
Please let me know if I may be of further assistance.
JesseNinjaTrader Customer Service
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Originally posted by mbesha View PostWhich are the best indicators for finding out who is controlling the current session - the bulls or the bears? I am yet to find a good indicator that can easily (and visually if possible) tell me if the current session has more and/or stronger buyers than sellers. Please let me know any recommendations you may have (preferably free ones haha). Thanks in advance.
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