RogTrader Bull Bear Strengths

28 thg 10, 2020

Simplified Bull/Bear Strengths Indicator uses price action, volume flow, and candlesticks to calculate bull and bear strengths, also known as buying and selling pressures.

• Green/Red Volume Bars can be misleading at times
  
  
• This indicator shows the net bull/bear power
  
  
• Recommended to be used in combination with indicators to find reversal signals.
  
  
• For example, during an uptrend, a long red bar indicates that strong selloff has started, and bears begin to control the bargains.