Buyer Seller Pressure Indicator: Multi-Timeframe Update for TradingView

📊 Buyer Seller Pressure (BSP) — Update: Multi-Timeframe Support

The buyer and seller pressure indicator for TradingView now works across multiple timeframes at once.

What it does. BSP shows who's really pushing the market — bulls or bears. Not just the candle direction, but where it closed, what wicks it left, and whether there was volume. Above zero — buyers are stronger; below — sellers. Clean and simple, no noise.

What's new in this update: Added a Timeframe selector in the settings. Leave it empty — the indicator runs on your chart timeframe. Set it to 5 — you'll see M5 pressure while staying on your M1 chart. Multi-timeframe analysis with no chart switching.

Example of use: Daily chart → candle closed → BSP above zero (buyers). Mark the high of that day as a level. Switch to M5 → wait for the level breakout. On the breakout, BSP on M5 should also be above zero. Match — entry. No match — skip.

Free indicator, open-source, published on TradingView.

🔗 https://www.tradingview.com/script/L4iizoXX-Buyer-Seller-Pressure/ 💬 Questions and methodology discussion — in the comments.

#TradingView #PineScript #tradingindicator #daytrading #forex #orderflow #volume #marketpressure #EURUSD #priceaction