fxcodebase-backup
Bears Bulls Impuls
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=66960
Forum: 48 · Topic 66960 · 1 post(s)
Bears Bulls Impuls
Alexander.Gettinger · Sat Nov 24, 2018 12:08 pm
Indicator is based on the Elder-Rays Bulls & Bears Power indicators.
Formulas: Bulls = 1 and Bears = -1, if BullIndex+BearIndex>0, Bulls = -1 and Bears = 1, if BullIndex+BearIndex<0, where BullIndex = High - EMA(Price), BearIndex = Low - EMA(Price).
Download: