Forex Indicators » Blog http://www.forexindicators.com Wed, 17 Feb 2010 23:26:19 +0000 http://wordpress.org/?v=2.9 en hourly 1 Balance Point Line http://www.forexindicators.com/balance-point-line-2/ http://www.forexindicators.com/balance-point-line-2/#comments Wed, 17 Feb 2010 23:21:58 +0000 admin http://www.forexindicators.com/?p=78 This indicator shows the average price most traders have positions at over the last 3 hours. We use it as a FILTER, above Balance Point look for buys and below look for sells.

It also acts as a great area of Support & Resistance as you can see in this example.

Balance Point Line

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