Bull And Bear Balance Indicator

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Bull And Bear Balance Indicator

Postby Alexander.Gettinger » Wed Aug 20, 2014 10:05 am

Original LUA oscillator: viewtopic.php?f=17&t=60072.

Formula:
BBB = MA(MA_Bull-MA_Bear, Smooth_Method, Smooth_Length), where
MA_Bull = MA(Bull_Power, Method, Length),
MA_Bear = MA(Bear_Power, Method, Length),
MA(Source, Method, Length) - moving average with [Method] as Type and [Length] as number of periods.

BBB_MQL.PNG


Download:
BBB.mq4
(4.91 KiB) Downloaded 1162 times
Alexander.Gettinger
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