PROTECTED SOURCE SCRIPT

RogTrader Bull Bear Strengths

1 439
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.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.