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PROTECTED SOURCE SCRIPT
Updated

Balance Of Power

14 394
Shows the balance of power between bulls and bears.
Release Notes
- Code updated to Pinescript V5.0
- Added adjustable lookback
- Added ATR period for baseline
- Added weighted option for latest bars priority
- Added show extremes option for historical high and lows
Release Notes
- Fixed avarage line not rendering correct with higher lookback count

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

rollas
Also on:
balanceBalance Of PowerBearish PatternsBullish PatternsbullsandbearsOscillators

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.
balanceBalance Of PowerBearish PatternsBullish PatternsbullsandbearsOscillators

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

rollas
Also on:

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.