FTB-C000436 / Formula component

Ultimate Oscillator Buying Pressure

Ultimate Oscillator Buying Pressure is current close minus the lower of current low and previous close.

Also known asUO buying pressureBP

Intermediate Formula defined 1 linked topicPublished

Definitions

In plain terms

It is nonnegative for valid OHLC data and incorporates downside gap context through the previous close.

Technical

The calculation requires consecutive finalized bars, consistent adjustment basis, previous-close availability, and valid OHLC.

Scope

It is a one-bar input and not an order-flow or volume measure.

Formula

Buying Pressure = C - min(L, Previous C)
LaTeX: BP_t=C_t-\min(L_t,C_{t-1})
SymbolMeaningUnit
C_tcurrent closeprice
L_tcurrent lowprice
C_(t-1)previous closeprice

Output unit: price

Examples

  • A governed lesson calculates or identifies Ultimate Oscillator Buying Pressure only after its inputs, window, state, scale, and edge cases are declared.

Common misconceptions

  • It is a one-bar input and not an order-flow or volume measure.

Concept relationships

Prerequisites

Related

Required by

Where this concept is used

Evidence and governance

  1. Ultimate Oscillator TA-Lib · first party technical publication

    Supports: preferred label, short definition, technical definition, formula

    Limits: Window ordering, weights, first-ready index, and zero summed-range behavior must be declared.

Reviewed by
fintech-builder-batch-008
Last reviewed
2026-07-29
Next review
2027-07-29
Record status
published