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.

Thumbs up
릴리즈 노트: 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
오픈 소스 스크립트

진정한 TradingView의 정신에 따라, 이 스크립트의 작성자는 스크립트를 오픈소스로 게시했기에 거래자들이 이해하고 확인할 수 있습니다. 작가님께 건배! 스크립트를 무료로 사용할 수 있지만, 게시물에서 이 코드를 재사용하는 것은 하우스룰을 따릅니다. 당신은 스크립트를 차트에 사용하기 위해 그것을 즐겨찾기 할 수 있습니다.

차트에 이 스크립트를 사용하시겠습니까?


Good job! Which is the best timeframe to use it? For 1 day is ok?
+14 응답
Dreadblitz mariuspe
@mariuspe, hello if 1 day is very good, you can use lower time frames too ..
+2 응답
I must have done something wrong. I copied and pasted but it said something was missing.
+7 응답
A great indicator! Did you make a version for MT4?
+4 응답
Also, it's repainting...
+4 응답
Dreadblitz mariuspe
@mariuspe, the indicator does not repaint, greetings
+8 응답
sylar2015 mariuspe
@mariuspe, just checked in bar by bar replay, it doesn't repaint. Kudos to the author!
Bro this is the deadly with Binary Options. 1min Chart with 2min Options. I run CCI 20 Steroid for Oversold and Overbought, and extremes. 200 and -200. Heiken Ashi Charts works well with this. I spent the last couple of days on my Demo Account traded 72 FLIPS from a Dominant Trend to the Other Extremity. DAMN! 65/72 wins :D Also an awesome thing about this script you have CCI going to 100s or -100s then does a pull back you can tell if it's a fake or not.

+2 응답
Mnbrass549 Mnbrass549
@Mnbrass549, ... Update BACKTESTED the 5min candles on 12 pairs today. for 3 months each. Great Signals come from the flip on 89 and 200EMAs

I spent the last couple of days on my Demo Account traded 72 FLIPS from a Dominant Trend to the Other Extremity. DAMN! 65/72 wins :D

I don't know if i was on drugs or something when i did these but i got really lucky on most entries.

Proper way is add this same Indicator onto to the chart and overlay it on top of the first and set the 2 and -2 lines at 1 and -1 choose your colors. When the Bar closes above this on the Pictogram $$$ money trade...$$$ 87% wins rate today. Don't take the trade if no trend confirmation.
BillyNare Mnbrass549
@Mnbrass549, How's the strategy working for you? Using it on a live account now?
홈으로 스탁 스크리너 포렉스 스크리너 크립토 스크리너 이코노믹 캘린더 정보 차트 특징 프라이싱 프렌드 리퍼하기 하우스룰(내부규정) 헬프 센터 웹사이트 & 브로커 솔루션 위젯 차팅 솔루션 라이트웨이트 차팅 라이브러리 블로그 & 뉴스 트위터
프로화일 프로화일설정 계정 및 빌링 리퍼드 프렌즈 코인 나의 서포트 티켓 헬프 센터 비밀메시지 채팅 로그아웃