Bull Bear Power Indicator

  • Indicatori
  • Hasan Aksoy
    Hasan Aksoy
    I am an Electrical Electronics Engineer.şans While trading in financial markets, I work on topics such as algo trading, quantitative finance, signal processing, pattern recognition, big data, machine learning, and artificial intelligence.
  • Versione: 1.0
  • Attivazioni: 5

Enhanced Bull-Bear Power Indicator

Description

The Enhanced Bull-Bear Power Indicator is a custom technical analysis tool designed for MetaTrader 5. It provides a visual representation of the relative strength between bullish and bearish market forces over a user-defined period. By calculating the average percentage change for bullish and bearish bars, the indicator computes a strength ratio that helps traders identify prevailing market sentiment.
Features

User-adjustable period for calculations (default: 14 bars).
Visual distinction between bullish and bearish dominance using color-coded lines.
Reference line at 50 to indicate neutral market conditions.


Usage

Period: Adjust the period to change the number of bars used in the calculation. A longer period may smooth out the indicator, while a shorter period may make it more responsive.
Interpretation:
Above 50 (Lime): Indicates stronger bullish momentum.
Below 50 (Red): Indicates stronger bearish momentum.
The dashed gray line at 50 serves as a neutral reference point.




Lime line when the ratio is above 50.
Red line when the ratio is below 50.


This indicator is for informational purposes only and should not be used as the sole basis for trading decisions.

Ensure that the code is compiled successfully before attempting to use the indicator.



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Temirlan Kdyrkhan
ARICoin is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or email Cust
RelicusRoad Pro MT5
Relicus LLC
4.96 (24)
RelicusRoad Pro: Sistema Operativo Quantitativo di Mercato 70% DI SCONTO ACCESSO A VITA (TEMPO LIMITATO) - UNISCITI A 2.000+ TRADER Perché la maggior parte dei trader fallisce anche con indicatori "perfetti"? Perché operano su Singoli Concetti isolati. Un segnale senza contesto è una scommessa. Per vincere serve CONFLUENZA . RelicusRoad Pro non è un semplice indicatore. È un Ecosistema Quantitativo completo . Mappa la "Fair Value Road", distinguendo tra rumore e rotture strutturali. Smetti di in
Trend Forecaster
Alexey Minkov
5 (8)
Trend Forecaster – Since 2023. The Trend Forecaster indicator utilizes a unique proprietary algorithm to determine entry points for a breakout trading strategy. The indicator identifies price clusters, analyzes price movement near levels, and provides a signal when the price breaks through a level. The Trend Forecaster indicator is suitable for all financial assets, including currencies (Forex), metals, stocks, indices, and cryptocurrencies. You can also adjust the indicator to work on any time
Altri dall’autore
Quad EMA Cross Indicator - Capture powerful trend changes with precision! - This indicator tracks four EMAs (20, 50, 100, 200) and signals strong LONG/SHORT entries when price crosses all four simultaneously. - Clear visual labels make spotting high-probability trades a breeze. - Perfect for any timeframe or market. - Boost your trading with reliable, filtered signals!
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