PROTECTED SOURCE SCRIPT
Bull & Bear Market Trend Indicator by Yaron

This script expect market trend by using moving average and disparity.
This is to be more powerful tool if used with Progue Band.
When the background color is red, it means bull market.
When the background color is blue, it means bear market.
Color line goes upward crosses horizontal line ("1"), you can consider buy price.
Color line goes downward crosses horizontal line ("1"), you can consider sell price.
This is to be more powerful tool if used with Progue Band.
When the background color is red, it means bull market.
When the background color is blue, it means bear market.
Color line goes upward crosses horizontal line ("1"), you can consider buy price.
Color line goes downward crosses horizontal line ("1"), you can consider sell price.
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.
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.