Bulls Bears Force

4.8

Welcome to the Minions Labs' reinterpretation of the Classic Bulls & Bears Power, developed by Alexander Elder a long ago.

Since the 2 indicators: Bull Power and Bear Power were histogram-based indicators and having 2 indicators in the same chart and occupy too much screen, we decided to mix them into ONE Line and Color-based indicator, which give us all the information we need.

The Bull & Bear Power indicators help you determine the strength of BUYERS (Bulls) vs. SELLERS (Bears). Basically, it measures the difference between the highest price and the lowest price according to an Exponential Moving Average of the Prices.

We then simply mixed the two values and displayed them in a single-line indicator, which is colored accordingly with the power of the Buyers and the Sellers.

Since we added a parameter to control the size of the lookback period, many study options can be achieved. It all depends on the Symbol, Timeframe and Period of analysis...


HOW TO "READ" THIS INDICATOR

  • You can use the 0-line cross as an indication of a probable trend change.
  • Colored line segments represent that Buyers/Sellers are dominant at that moment in time.
  • Divergences can be exploited between Price and the indicator levels of Peaks and Valleys.


PARAMETERS

  • Period of Analysis (Number of past bars to analyze)


As always, if you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

With No Strings Attached!  Ever!


Live Long and Prosper!

;)

Değerlendirmeler 6
Jorge Bascope Lazo De La Vega
457
Jorge Bascope Lazo De La Vega 2024.06.10 00:53 
 

Excelente indicador para timeframe mayores.

Detleff Böhmer
3262
Detleff Böhmer 2022.10.14 15:18 
 

Gute Arbeit!

Herb Wenzel
173
Herb Wenzel 2022.07.11 06:16 
 

Especially good when paired with Stochastic oscillator

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ATR Monitor ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. And, by default, this indicator will not show up on screen, you can just use the buffers thems
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4.8 (5)
ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. If you want to monitor several timeframes in the same chart, just add the ATR Monitor indicator several tim
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For those who use the Trading Arrows on the chart for later study, but use the Triple Screen approach and got all those arrows everywhere on all additional charts, here it is: Arrows Cleaner! Just drop it on the chart and leave it there. When needed, just with 1-click you get rid of all those annoying arrows... SETTINGS You can position the little Button on any corner of the chart. Additionally you can displace it with the Offset settings. You can enlarge or shrink its size, as well as the text
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Flavio Javier Jarabeck
4 (1)
Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. Additionaly you have the ability to add up to 5 personal markers of your own agenda. With Alerts and/or with blackout periods, if you are using it within an Expert Advisor! All in one Economic Calendar indicator
Mini Chart Indicators
Flavio Javier Jarabeck
The Metatrader 5 has a hidden jewel called Chart Object, mostly unknown to the common users and hidden in a sub-menu within the platform. Called Mini Chart, this object is a miniature instance of a big/normal chart that could be added/attached to any normal chart, this way the Mini Chart will be bound to the main Chart in a very minimalist way saving a precious amount of real state on your screen. If you don't know the Mini Chart, give it a try - see the video and screenshots below. This is a gr
Market Momentum PRO
Flavio Javier Jarabeck
The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulness
Filtrele:
MartinGana
14
MartinGana 2025.05.21 23:53 
 

Good indicator! Thanks

Jorge Bascope Lazo De La Vega
457
Jorge Bascope Lazo De La Vega 2024.06.10 00:53 
 

Excelente indicador para timeframe mayores.

Tshiamo Phamotse
149
Tshiamo Phamotse 2023.01.20 06:14 
 

Kullanıcı değerlendirmeye herhangi bir yorum bırakmadı

Detleff Böhmer
3262
Detleff Böhmer 2022.10.14 15:18 
 

Gute Arbeit!

Herb Wenzel
173
Herb Wenzel 2022.07.11 06:16 
 

Especially good when paired with Stochastic oscillator

Not4putter
54
Not4putter 2022.03.10 16:06 
 

Super

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