Registered User
Joined: 7/17/2006
Posts: 30
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What is it indicating when the bop goes below the 100 level or below the 0 line. Also what are the numbers to the right indicating (specifically). I listened to the video however I'm still unclear.
Sincerely,
ebh
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Administration
Joined: 9/30/2004
Posts: 9,187
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The BOP scale on the ranges from +100 to -100 with a 0 midline. Values above +30 are green and represent accumulation and values below -30 are red and represent distribution. + or - values between +30 and -30 are yellow.
From the help file:
"Green signifies dominant buying, red dominant selling. When BOP is close to the zero line, revealing no clear dominance of either buying or selling, it is plotted in yellow."
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