OPEN-SOURCE SCRIPT
[Ice Hive Algo] Averaged Bull Bear Power
[Ice Hive Algo]
Modified version of a well know Bull Bear Power Indicator.
It is now universal and can be used in building trading strategies by having indicator that is not tied to absolute price values.
Instead it operates percentages of price movements calculating Bull Bear power.
Modified version of a well know Bull Bear Power Indicator.
It is now universal and can be used in building trading strategies by having indicator that is not tied to absolute price values.
Instead it operates percentages of price movements calculating Bull Bear power.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.