Available translations

Strength Finder

Summary: This indicator compares the price action and direction before applying volume weighting to calculate the strength of the buyers vs the strength of the sellers.
Strength finder Index on the Charts
The resulting output of this indicator shows the relative strength of the buyers vs the sellers. If a buyer's value is above 50%, then buyers currently have the higher strength.
Products & Properties
The following properties are available to access:
Product Name Product Variable Properties
Strength_Finder StrengthFinder buyVol, sellVol, buyPerc, sellPerc
The parameters for the indicator's calculations can be changed by locating and opening the Javascript Code under Data Building Procedure -> Procedure Loop under "Strength Finder" Procedure Loop.
This indicator can be used as a confirmation to a primary indicator. An example of a confirmation could be when the buy volume percent is above 50:
 chart.at30min.StrengthFinder.buyPerc > 50
Faith Index