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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BTMM State Engine Pro by G-Labs — Beat The Market Maker indicator for MetaTrader 5. Asian session range, London and New York kill zones, level progression (L1/L2/L3), peak formation detection (PFH/PFL), entry signals, and a multi-pair scanner from one chart. Stop scanning charts one pair at a time. The State Engine tracks the BTMM daily cycle automatically — Asian box, room boundaries, level blocks, peak formations, and filtered entries — while the scanner dashboard shows level, peak status, d
Ace Trend
Mikhail Sergeev
5 (3)
Ti presentiamo un indicatore rivoluzionario che cambia le regole del gioco nel mondo del trading di tendenza. L'indicatore è progettato per ripensare le prestazioni e portare la tua esperienza di trading a livelli senza precedenti. Il nostro indicatore vanta una combinazione unica di funzionalità all'avanguardia che lo distinguono dalla concorrenza. La tecnologia avanzata "Real Pricing Factors" offre una sostenibilità senza pari anche nelle condizioni di mercato più difficili e volatili. Dì addi
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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