Bullish/Bearish Phases — Indicator by everget

oscillator centeredoscillator volumestudies bullish bearish bullpower accumulation dominance phases phase volumeanalysis

Hello traders!

This indicator shows you bullish or bearish dominance during the specified period and is based on the volume calculations. Why? Volume acts as an excellent confirmation tool of the price movements and is used to determine if an instrument is gaining or losing momentum.

Bullish/Bearish Phases can be used to find out divergences with the price. It will work on ANY instrument that has available volume data.

NOTE: The blue circles appear on the local peaks.

I attached some screenshots to show you how it works with other instruments.

How to get access

Buy for only 149$ to get lifetime access to this indicator.

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Happy Trading!

Release Notes:

Changed styling

Release Notes:

Added smoothing with Jurik Moving Average

Release Notes:

Update

Freelance -> Telegram: @alex_everget

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Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact everget for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

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