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Momentum

Balance of Power (BOP)

Balance of Power (BOP) is a momentum indicator. This page lists its exact settings and outputs from the live chart's own definition, with a live example below.

Open on live chart All indicators

Adds Balance of Power (BOP) to a free BTC/USDT chart.

Live example

Settings and defaults

SettingDefaultAllowed range
SmoothingNoneNone, SMA, EMA
Length141 to 500

What it plots

Drawn in its own pane below the price chart, with its own scale.

LineUnitDrawn asFirst value
RawRatioLineafter 1 candles

Questions

What are the default settings of Balance of Power (BOP)?

The defaults are Smoothing: None, Length: 14. You can change every setting on the live chart.

Can I use Balance of Power (BOP) for free on TraderAI?

Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.

Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.

Category
Momentum
Drawn as
Drawn in its own pane below the price chart, with its own scale.
First value
after 1 candles
Formula version
traderai-osc-v1
Open on live chart

Free plan: up to 2 indicators active at the same time. Pro lets you combine more indicators on one chart.

See plans

Related indicators

  • Stochastic Oscillator
  • Commodity Channel Index
  • MACD
  • RSI
  • Relative Vigor Index
  • Detrended Price Oscillator (DPO)
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