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Price Action Indicator (PAIN) The Price Action Indicator (PAIN) provides a lot of helpful information using only today's open, high, low and close.
The Price Action Indicator (PAIN) uses only the days' open, high, low and close. The formula returns a single value that compares intra-day momentum (Close-Open), Late Selling Pressure (LSP) (Close-Low), and Late Buying Pressure (LBP) (Close-High).
THE MARKET OFTEN MOVES IN THE DIRECTION THAT WILL INFLICT THE MOST PAIN ON THE GREATEST NUMBER OF TRADERS Yes, the professionals are out to take your money. Often the harder trades to take are the ones that reward you the most.
See also: Analysis, Action, Market, Future, Forex
 
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