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BBI - Bull and Bear Index

The BBI is the long-short boundary.
BBI = (3 days average price + 6 days average price + 12 days average price + 24 days average price) ÷ 4
When the stock price is above the BBI indicator line, it indicates that the stock price is in a long market, and when the stock price is below the BBI indicator line, it indicates that the stock price is in a short market. When the stock price breaks through to the BBI, it is time for the market to switch between short and long.
BBI是多空分界线
BBI=(3日均价+6日均价+12日均价+24日均价)÷4
当股价位于BBI指标线之上,表明股价处于多头行情,当股价位于BBI指标线之下,表明股价处于空头行情。当股价对BBI形成突破时,就是市场多空转换的时候。
BBI = (3 days average price + 6 days average price + 12 days average price + 24 days average price) ÷ 4
When the stock price is above the BBI indicator line, it indicates that the stock price is in a long market, and when the stock price is below the BBI indicator line, it indicates that the stock price is in a short market. When the stock price breaks through to the BBI, it is time for the market to switch between short and long.
BBI是多空分界线
BBI=(3日均价+6日均价+12日均价+24日均价)÷4
当股价位于BBI指标线之上,表明股价处于多头行情,当股价位于BBI指标线之下,表明股价处于空头行情。当股价对BBI形成突破时,就是市场多空转换的时候。
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Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.