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Pivot Strength Index
Purely mechanical indicator based on market structure.
PSI over 0 is bullish while below 0 is bearish.
Yelds pretty good results paired with stop losses
Useful on 1d 4h 2h timeframes, better on traditional markets
PSI over 0 is bullish while below 0 is bearish.
Yelds pretty good results paired with stop losses
Useful on 1d 4h 2h timeframes, better on traditional markets
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