< todos los indicadores
INDICADORES

Institutional BIAS

This indicator is based on the identification of the BIAS in different temporalities using the model CHOCH & BOS. Thanks to its dashboard, you can check how the different times behave within the time period in which you are operating.

What makes this indicator unique is its ability to find the correlation between temporalities through structural ruptures. In other words, thanks to the information it gives you, you can understand the probability of price direction based on the structure of each time period. The more seasons are in UP or DOWN, the greater the chance that the price will move in that direction. In addition, it marks the exact point where the direction changes, and you can choose what temporality you want to analyze within the temporality in which you are. This change of direction is based on structure: when there is a break in structure, the indicator marks it as a change of Bias, either from bullish to bearish or vice versa.

El BIAS is a reference on the direction of the market. By combining different temporalities, we can detect potential directions. The best approach to trading is to seek synergies between temporalities, that is, to identify as many temporalities as possible pointing in the same direction, which considerably increases the probability of success. Then you'll see the DASHBOARD offered by the indicator, with which you can visualize the set of temporalities and their direction. The more that coincide in the same direction, the more likely it is that the movement will occur in that direction.

DASHBOARD

Thanks to the DASHBOARD, from any time you can see what happens at different times at the same time.

As you can see in the graph, all the seasons are marking an upward structure, so a purchase at that point of change of direction would be optimal. In the following graphic you will see it more clearly:

Reference times:

  • 1 Week
  • 1 Day
  • 4 Hours
  • 2 Hours
  • 1 Hour
  • 30 Min
  • 15 Min
  • 5 Min

At this point marked as UP BIAS, all the temporalities are aligned in the same structural direction, which reinforces the entry into lengths.

When you find an entry with all the structures aligned, the probability of the price moving in that direction is high.

Based on these temporalities, possible BIAS within UP and DOWN.

HOW TO USE IT?

  1. Activate the indicator.
  2. Define the time period in which you are going to operate.
  3. Wait for at least 4 storms to point in the same direction.
  4. Look for the low times to match the majority of the high ones according to this structure-based indicator.
  5. When the indicator shows a Change of BIAS, you can decide to enter the trade, since the probability of the price being distributed in that direction is high.

CHANGE OF BIAS

When a change of direction occurs, a sign will appear on the graph indicating that change just as it occurs.

ADJUSTMENTS

In the configuration you can modify different parameters to your liking or, if you prefer, use only the Dashboard.

RECOMMENDATIONS

Use this indicator as a market structure reference. The more times that coincide in the same direction, the more likely it is that the price will follow that structure. Try to make the low times match the majority of the high ones.

The best configuration is the default, since it will mark the structure according to the time in which you are operating, and the Dashboard it will show you the direction in the other seasons.

In short, prolonged movements are very likely to occur in areas where a change of direction is detected, making it possible to search for operations in the direction indicated by the indicator.

Disponible en:

TradingView

Obtén acceso en tu Tradingview
EMPIEZAACCEDE AHORA

MetaTader 4

Acceso disponible pronto