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Views:: 6803
Rating:: (17)
Published:: 2012.10.10 09:25
Updated:: 2016.11.22 07:32

bvsb.mq5 (3.22 KB) view

Download as ZIP, How to download code from MetaEditor

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The indicator is developed for trading by trend. Position is opened at the intersection of the lines. Steady convergence of the lines indicates a fading trend.

The indicator joins Bears and Bulls Power indicators with one of them being turned upside down.

Reference MA parameters can be changed.

MQL4 version (in Russian):

https://www.mql5.com/ru/code/10660

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1004

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BvsB - indicator for MetaTrader 5