Balance of Power (BOP)

Created by Igor Levshin, the Balance of Power (aka Balance of Market Power) is a momentum oscillator that depicts the strength of buying and selling pressure. [Discuss] 💬

chart for Balance of Power (BOP)

// C# usage syntax
IEnumerable<BopResult> results =


smoothPeriods int - Number of periods (N) for smoothing. Must be greater than 0. Default is 14.

Historical quotes requirements

You must have at least N periods of quotes to cover the warmup periods.

quotes is a collection of generic TQuote historical price quotes. It should have a consistent frequency (day, hour, minute, etc). See the Guide for more information.




Date DateTime - Date from evaluated TQuote

Bop double - Balance of Power


See Utilities and helpers for more information.


Results can be further processed on Bop with additional chain-enabled indicators.

// example
var results = quotes

This indicator must be generated from quotes and cannot be generated from results of another chain-enabled indicator or method.