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votes: 11
2017.01.18 09:28

Real author:

Waddah Attar

The indicator shows the strength of bulls and bears in a simple manner in a single window.

The indicator uses the classes of SmoothAlgorithms.mqh library (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

This indicator was first implemented in MQL4 and published in Code Base at on 23.03.2016.

Fig1. The Bear_Bulls_Power indicator

Fig1. The Bear_Bulls_Power indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

si_q_asi si_q_asi

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