theheirophant

🐮 Bull Bear Filter™ v1.4 🐻 by Cryptorhythms

🐮 Bull Bear Filter™ v1.4 🐻 by Cryptorhythms

Hello again CR fam and followers! Next update to the BBF series is upon us! This version includes many new features that should help your TA!

1. Bull Bear Filter Crypto-Sticks plot

This is a candlestick plot which shows bull bear filter in a new light giving more information on each candle. It can help you better identify divergences, entry/exit points, and also works nicely with the bollinger band plots.


There is also an option to use heiken ashi candlesticks to smooth the plot and show reversals in clear way.


2. Improved Divergence Detection

There is now a second additional divergence detection method along with the original. This new one will distinguish between hidden and regular divergences, and draw them on the indicator plot. (Thanks to Ricardo Santos for his excellent divergence detection script)


3. Elliot Wave Count Helper

BBF already does a good job smoothing price action to make wave patterns more apparent. I decided to improve upon that and implemented a Wave Detection plot. This can help you fans of EW's count properly, with a very easy tool to find waveforms. Please keep in mind this particular feature is not necessarily a trading tool - but just meant to help in analysis.

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Amazing, keep the outstanding work, good job!
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