Charts Indicators


Chart produced by Worden Bros. TC2007

The top panel of this chart again shows price bars but this time a 25 day moving average also.

The middle panel has a propriatary indicator called BOP (Balance of Power) which shows bars above the midline when buying pressure exceeds selling pressure and bars below the midline when selling pressure exceeds buying pressure. There are many indicators to help you decide what has been happening in addition to simple price bars.

The bottom panel shows another propriatary indicator called Money Stream. This one shows the relative flow of money into or out of a stock. I just follow the direction here and ignore the scale units.