Bull Bear Power Indicator

  • Göstergeler
  • Hasan Aksoy
    Hasan Aksoy

    Hasan Aksoy

    I am an Electrical Electronics Engineer. 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.
  • Sürüm: 1.0
  • Etkinleştirmeler: 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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Vahidreza Heidar Gholami
5 (3)
Göstergeler
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Ivan Stefanov
5 (1)
Göstergeler
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PZ TRADING SLU
5 (5)
Göstergeler
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PZ TRADING SLU
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Göstergeler
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KEENBASE SOFTWARE SOLUTIONS
3.5 (2)
Göstergeler
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KT Alpha Hunter Arrows MT5
KEENBASE SOFTWARE SOLUTIONS
Göstergeler
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5 (5)
Göstergeler
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5 (1)
Göstergeler
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Yohana Parmi
5 (1)
Göstergeler
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4 (2)
Göstergeler
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Temirlan Kdyrkhan
Göstergeler
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
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Alexey Minkov
5 (8)
Göstergeler
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Quad EMA Cross
Hasan Aksoy
Göstergeler
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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