[RS][NM]Improved Linear Regression Bull and Bear Power v01

8 thg 9, 2015

The base code for this indicator was created by RicardoSantos
What I added is a signal line that indicates when to buy and when to sell.

Advised use :
Combine with a zero-lag indicator like ZeroLagEMA_LB by LazyBear (suggested period = 34)
Then use the following Rules of engagement :
Current price > ZLEMA & Signal line of BBP_NM is green : BUY
Current price < ZLEMA & Signal line of BBP_NM is red : SELL Please click the like button if you dig this indicator !

17 thg 12, 2015

Ghi chú

I have found a little calculation error in this script where if there is no data for either bull or bear volume, the indicator will not plot. This has been corrected in version 2