Bulls and Bears Power

Bulls and Bears Power

The indicator uses the same logic as the Bulls Power and Bears Power, embedded in the terminal, but some functionality is extended. Furthermore, by combining the indicators of both in a single box, it is much easier to interpret.

Possible to display values ​​of up to 3 timeframes in one indicator window that makes it more likely to be distinguished from a new trend correction (see. Figure).

I recommend to use as a filter.

Initially, the indicator was established to trade in tandem with Cups & “A powerful tool” Caps Strategy.

Indication for the smallest selected timeframe – the histogram, the next – the major point, the eldest – a minor point. Thicker column histogram means that the force of the opposite action is zero. Similarly, with points for higher timeframes.

Bulls and Bears Power

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