Total Power Indicator
7654 مشاهدة
Hello traders!
This indicator was originally developed by Daniel Fernandez (Currency Trader magazine, 2011).
It is based on the two well-known indicators by Dr . Alexander Elder - Bulls Power and Bears Power.
Signals
1) Long when Bull and Total lines indicate 100 (it happens rarely)
2) Short when Bear and Total lines indicate 100 (it happens rarely)
3) Bull and Bear lines crossovers
4) Long when Bull line crosses Total line from below
5) Short when Bear line crosses Total line from below
6) Long/Short when Bull/Bear lines cross adjustable level.
Like and follow for more open source indicators!
Happy Trading!
This indicator was originally developed by Daniel Fernandez (Currency Trader magazine, 2011).
It is based on the two well-known indicators by Dr . Alexander Elder - Bulls Power and Bears Power.
Signals
1) Long when Bull and Total lines indicate 100 (it happens rarely)
2) Short when Bear and Total lines indicate 100 (it happens rarely)
3) Bull and Bear lines crossovers
4) Long when Bull line crosses Total line from below
5) Short when Bear line crosses Total line from below
6) Long/Short when Bull/Bear lines cross adjustable level.
Like and follow for more open source indicators!
Happy Trading!
A list of Free indicators:
https://bit.ly/2S7EPuN
A list of Paid indicators:
https://bit.ly/33MA81f
Earn $30:
https://www.tradingview.com/gopro/?share_your_love=everget
Toss a coin to your witcher:
https://www.paypal.me/alexeverget
https://bit.ly/2S7EPuN
A list of Paid indicators:
https://bit.ly/33MA81f
Earn $30:
https://www.tradingview.com/gopro/?share_your_love=everget
Toss a coin to your witcher:
https://www.paypal.me/alexeverget
التعليقات
total=100*(bullCount-bearCount)/length
bull=100 *bullCount/ length-75
bear=100 *bearCount/ length-75
hline:=0
Many thanks