Dreadblitz

Bull Bear Power Trend

Do you find it difficult to analyze trends?

This indicator will help you to have an objective analysis of the trend.

Let's start .....

In this indicator Bears and Bulls go their separate ways.

-The Bull line ( bullish green) always goes above zero.
-The Bear line ( bearish red) always goes below zero.

With a quick glance, you will know who is winning.


There are two zones of tendency force:

- Above 2 for bulls: when the Bull line crosses its + 2 level upwards, an uptrend begins to have strength.
- Below 2 for bears: when the Bear line crosses its -2 level down, a downward trend begins to gain strength.


Trend Confirmation:

- When a histrogram bar appears the trend is confirmed.

When a positive histogram appears, it indicates that the Bull line is above its + level and the Bear line is above its level -.
When it is a negative histogram that appears, it indicates that the Bear line is below its level - and the Bull line is below its + level.


The TREND line (in black) is the difference between the Bull line and the Bear line.
Its crosses above / below zero serve us to track the trend, as well as turning points where we could put a stop loss .


This indicator generates multiple signals as position management, I leave it to fall in love with it and find all that.

Thanks to Jose Callao for this great idea.

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ملاحظات الأخبار: a user asked to smooth Trend Line add the option by applying a regression, you can activate it in the configuration and change the length at your discretion
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التعليقات

Thank you for the great work. Quick question - does it repaint?
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Is there someway to identify choppiness in this indicator so that to identify when NOT to enter the trade? or some ideas of how to identify?
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Really nice straight-forward trend indicator, thank you
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A great indicator! Did you make a version for MT4?
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Very interesting indicator. Thank you.
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I have check this indicator with Bollinger bands on MACD. It gives amazing results. I have check with paper trade.

Can you make coding for strategy and alert using this 2 indicator ? Thanks in advance.
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I like the way it was coded and represented .
There is always a need for good supporting indicator for good trading .
I will check with my indicator as this as addon and let you know how this is helping to be more profitable.
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@MarxBabu, thank you very much, synergy is the best to achieve a good result, regards
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how can we add into indicator list...?
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الصفحة الرئيسية منصة الأسهم منصًة العملات منصّة العملات الرقمية جدول الأعمال الاقتصادي كيف تعمل مميزات الرسم البياني أسعار العضوية إحالة صديق قوانين الموقع مركز المساعدة حلول المواقع الإلكترونية والوسطاء الأدوات حلول الرسوم البيانية مكتبة الرسوم البيانية صغيرة الحجم المدوّنة والأخبار تويتر
ملف التعريف إعدادات الصفحة الشخصية الحساب وإعداد الفواتير إحالة صديق تذاكر الدعم الخاصة بي مركز المساعدة التحاليل المنشورة المتابعين تُتابع رسالة خاصة المحادثة تسجيل الخروج