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Bull And Bear Balance Indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61059
Forum: 38 · Topic 61059 · 1 post(s)
Bull And Bear Balance Indicator
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.
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