This new indicator analyzes the balance between bullish and
bearish sentiment.
One can cay that it is an improved analogue of Elder Ray indicator.
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb.
Sentiment is inversly related with price movement. When long positions make a peak, market has a high possibility to go down and when short positions are dominant, there may be a near-term bull market ringing the door bell.
