How to Interpret TC2000 Indicator "Balance of Power"

Use Balance of Power for Early Entry into Stocks

TC2000 users have a huge advantage over other Retail Traders as they have access to 3 of the most powerful indicators for today’s automated, multi-venue stock and options markets. Today the complexity of the modern markets, challenges Retail Traders more than ever before. These challenges have increased exponentially since the advent of Retail Trading in the 1990’s when Retail Brokers made it possible for the average person to trade short term.

TC2000’s proprietary indicators offer the ability to detect Dark Pool Buy Zones™ and preset patterns for High Frequency Trader gaps, and also Professional Traders footprints. However it requires understanding these indicators, how they work, and what patterns indicate which Market Participant Group is in control of price especially for interpreting Balance of Power.
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Changes to trading venues, new professional order types, and new routing systems have altered how Balance of Power MUST be interpreted. Behind every pattern is the key to unlocking WHO controls price. When you know if it is a Dark Pool Buy Zone, tells you how price will behave in the near term. When Professional Traders are showing up in the Balance of Power Indicator, then price will move differently. Each Market Participant Group has their own unique Balance of Power pattern.

The chart example of below shows a Balance of Power indicator “Shift of Sentiment™” which signals that momentum energy is about to occur.

chart showing shift of sentiment bop pattern - technitrader

This is one of many new signals that this indicator provides. These signals and especially the Shift of Sentiment LEAD price, or in other words that Balance of Power pattern will form prior to a sudden momentum run.

Recognizing and interpreting Balance of Power with a Shift of Sentiment is just one of many critical patterns all TC2000 users need to learn. The reason why is because Balance of Power is one of the rare indicators that can actually track and disseminate large lots versus small lot activity. When large lots are active it means Dark Pools are accumulating and after they have accumulated, High Frequency Trader and Professionals discover the liquidity draw. Their buying creates the momentum energy after the liquidity draw.

Learning to use Balance of Power is fun and easy. It is just a matter of learning the new patterns that form in the modern automated market. 

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learning center webinar - technitrader

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Trade Wisely,
Martha Stokes CMT
TechniTrader technical analysis using TC2000 charts, courtesy of Worden Bros.

Chartered Market Technician
Instructor & Developer of TechniTrader Stock and Option Courses
TechniTrader DVDS with every course.
Use TC2000 leading indicator called "Balance of Power" for early entries into stocks

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Disclaimer: All statements are the opinions of TechniTrader, its instructors and/or employees, and are not to be construed as anything more than an opinion. TechniTrader is not a broker or an investment advisor; it is strictly an educational service. There is risk in trading financial assets and derivatives. Due diligence is required for any investment. It should not be assumed that the methods or techniques presented cannot result in losses. Examples presented are for educational purposes only.