Madrid Bull Bear Sentiment — Indicator by Madrid

This indicator displays the distance in percentage between the highest and lowest points in a given period of time, compares them and determines which side has more dominance.

Release Notes:

Changed the color transparency so the line of dots that define the direction of the sentiment are visible.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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