Asymmetric Trend Pressure from Open and Close Prices

Summary

Asymmetric Trend Pressure is a technical indicator for displaying trend direction and strength, with optional separate lines for bullish and bearish components. Its direction calculation uses open and close prices over a chosen period. The indicator also allows the bullish and bearish components to use different lookback periods, so users can tune their sensitivity independently rather than forcing both sides to share one horizon.

The description identifies four settings: the up-component period, the down-component period, the main calculation period, and a switch for displaying the component lines. It distinguishes this design from an advance version that uses a different basis, but provides no formula, trading rules, signal thresholds, or empirical evaluation. The figures are referenced but not included in the text, and no evidence is offered about performance across markets or timeframes. It is best understood as a configurable way to visualize directional pressure; the document does not establish that its readings predict returns or specify how to test or trade them.

Key ideas

• The indicator estimates trend direction and strength from open and close prices.
• Bullish and bearish components can use separate calculation periods.
• A display setting controls whether the component lines appear.
• The description gives no entry rules or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.