Japanese below / 日本語説明は英文の後にあります。 ------------------------- This is an indicator that shows monthly bull-bear ratio in a table. By specifying the start year and end year, the ratio will be calculated and showed based on the number of bullish and bearish lines in the monthly bar. It allows you to analyze the trend of each symbol and month (bullish / bearish). Up to...
This indicator is designed to provide traders with insights into market sentiment and potential trend reversals. This indicator enhances the traditional Bull Bear Power (BBP) by adding valuable visualizations and customization options to assist traders in making informed trading decisions. Indicator Overview: The NBBP indicator calculates Bull Bear Power,...
The script "Balance of Force" is an indicator that aims to provide insight into the bullish and bearish forces present in the market by analyzing the relationship between bullish and bearish true ranges. The indicator first calculates the bearish and bullish true ranges by taking the absolute difference between the open and close prices for each period and summing...
Implementation of Charlie Q. Yang's research paper “The stock market emotion index”, subtitle “A New Sentiment Measure Using Enhanced OBV and Money Flow Indicators”, (2007) where he combined “five simple emotion statistics” - Close Emotion Statistic (CES), Money Flow Statistic (MFS), Supply Demand Statistic (SDS), Relative Strength Statistic (RSS), and...
The Tilson Bull-Bear marker is using 2 Tilson moving averages and their divergence to identify bull and bear trends and reversals (potential entry or exit points). How to use it: Fast T3 (thick line) above thin line / solid blue fill color = ongoing bull trend Slow T3 (thin line) above thick line / solid red fill color = ongoing bear trend Shrinking or expanding...
For a given month, this indicator will display historical, seasonal statistics for each individual day of that month. The indicator release comes with 5 columns and more planned: 1 — Trading Day 2 — Samples 3 — Daily Average Absolute OC Range 4 — Daily Average Absoulte HL Range 5 — Bull / Bear The Trading Day column will display a 🎯 emoji and highlight the...
I have evenly divided every color between green and red. This gradient is useful for pine coders who are creating color changing, dynamic, or gradient indicators.
Are we in a bull or a bear market? From the technical analysis point of view, the answer is "It depends". It depends from the parameters of your indicator, the timeframe of the pair you are looking and the volatility of that specific market you are looking to. After I experimented with various trending indicators I decided to develop a framework that potentially...
This indicator based on mathematical algorithm of 2 fast ema lines. The purpose is to see the overall trend of wheather Bull is stronger than Bear and vice versa. This can assist traders to spots trends and reversals Green Line = Bull Line Red Line = MA Line of Bull How to use this Indi : Green Dot = Buy Signal Red Dot = Sell Signal Green Line Cross Up Level...
1. Calculate * Base on RSI status in the same period of price bar, "Bull Bear Power" is counting number of bars moved above 70 then return result to "bull power" series, and counting number of bars moved below 30 then return result to "bear power" series. * By default RSI period is 2 and Bar period is 15. 2. Interface * Bull power: green columns. * Bear power:...
Level: 2 Background A bull market is gaining ground and is economically sound, while a bear market is declining and most stocks are depreciating. The actual origins of these terms are unclear, but one reason could be that bulls attack by pulling their horns up while bears attack by brushing their paws down. Function L2 Bull Bear Convergence Divergence...
This is my attemption to create oscillator that will show when the market is bullish and when its bearish . Fight between those two forces will be shown on the chart. It is based on price action versus two moving averages. * You can choose from 4 different MAs in settings: McGinley , SMA , EMA and VWAP . * You can set up 2 Moving Averages (fast and slow) *...
™TradeChartist TrendRider is an exceptionally beautiful and a functional indicator that does exactly what it says on the tin. The indicator rides the trend based on Momentum, Volatility, detecting critical zones of Support and Resistance along the way, which helps the indicator find the right trend to ride, plotting Trend Markers and Trade Signals based on only...
™TradeChartist PowerTracer is an exceptionally well designed and functional indicator, requiring minimal user input to trace the asset's Bull and Bear Power. The indicator makes it visually engaging with its various color schemes and intelligent positioning of the PowerTracer Bar, tracking not just the current trend, but also the developing trend using a...
Bull power vs Bear power Buy=Bull power >0 Sell=Bear power<0
Plots Daily and Weekly 10 & 5 EMAs (but fully customizable to your own). In addition to plotting the EMAs it color coordinates trend bias and has cross confirmation signals. Philosophy and how to read: I use this indicator when trading strictly on the daily timeframe. I have not tested it on other timeframes. In my trade system I start with both the monthly...
NTOP is a collection of trend-following tools show short and long term trends. Since NTOP is the antithesis of VFAP, all the components are based on trend and and complement each other to give a full picture. NTOP produces signals that give both entries and exits on any timeframe. Options to configure are showing/hiding which signals you prefer and OB/OS...