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Views:: 4630
Rating:: (7)
Published:: 2018.07.09 12:41

BBB.mq5 (22.25 KB) view

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Oscillator Bull And Bear Balance displays the balance of bulls and bears.

It has four configurable parameters:

Period - calculation period;
Method - calculation method;
Smoothing period - smoothing period;
Smoothing method - smoothing method.

Calculation:

BBB = MA(MA_Bull - MA_Bear, Smoothing method, Smoothing period)

where:

MA_Bull = MA(Bull_Power, Method, Period),
MA_Bear = MA(Bear_Power, Method, Period),
MA(Source, Method, Period) - the moving average with the Method calculation method and the Period calculation period
Bull_Power, Bear_Power - bull power and bear power

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21023

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