TradingView
pmk07
21 Th02 2020 18:41

Bulls vs Bears 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Mô tả

The script measures relative strenth of bull bars vs bear bars that complete the next rules:
1) rising price with rising volume calculates as bullish only if the next candle is higher
2) falling price with falling volume calculates as bullish only if the next candle is higher
3) rising price with falling volume calculates as bearish only if the next candle is lower
4) falling price with rising volume calculates as bearish only if the next candle is lower

examples
ethusdt

shitperp

bsvusdt

btcusdt

Phát hành các Ghi chú

one logic error was corrected
Bình luận
Calvin824
Hello, I'm a bit confused what specifically are the triggers of the indi and what the dots represent? Thank you!
NezihaKeceli
emekleriniz için teşekkürler. youtube kanalınız varmı? sizi orada da görmek güzel olurdu.
magikmoney33
what an awesome idea mate and frankly as a ABCD trader .....very helpful i shall find it during fib measurements of ABCD charting for observing power of bulls or bears at the key fib rules regarding ABCD charting ... ill will update here after testing thankyou very much mate
bryantpan7
Hi PNK07, it is such a lovely indicator, just wondering does it repait? or the colored dot signal can work in real time? Thanks
Linktind
@pmk07 thanks for an interesting indicator. Could you elaborate on what do sublots indicate and line crossings (i.e. dark blue and light blue lines on your screenshots above)?
pmk07
@Linktind, it is opensouce you can see it all internals. subplots are parts of calculations, they may be useful to see range of signal parts, as output by darkblueline is composite of them. light blue is smothed darkblue
Thêm nữa