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Bias Dashboard (Weighted Open/Close)

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This indicator visualizes market bias based on the relationship between the current price, the current Open, and the previous Close across multiple timeframes (Monthly, Weekly, Daily, 4H, 1H, 15min).

A weighted logic is applied: 65% weight to the previous Close, and 35% to the current Open — reflecting how institutional traders often give more weight to the closing price.

A Global Bias is also calculated, averaging the individual timeframes into one overall market sentiment.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.