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Indicators: BvsB

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Automated-Trading
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Automated-Trading  

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.

Figure 1. The BvsB indicator

Author: Nikolay Kositsin

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