In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
This indicator works better on 2H or higher timeframe. Good to use for positional trades.
Release Notes: Balance of Power will give a signal when its a time to Buy/Sell. Study purpose only. Backtest first before using it.
Want to use this script on a chart?