An indicator for trend following trading implemented in the form of a colored cloud.
Open a position when the color changes. Monotonic convergence of the lines indicates the fading trend. This indicator is actually a combination of the bull and bear power indicators, one of which is upside down.
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BvsB:
An indicator for trend following trading implemented in the form of a colored cloud.
Open a position when the color changes. Monotonic convergence of the lines indicates the fading trend. This indicator is actually a combination of the bull and bear power indicators, one of which is upside down.
Author: Nikolay Kositsin