Bulls vs Bears indicator

This Bulls vs. Bears indicator is a very powerful tool for determining the entry of a trend transaction.

 

 

 

The Bulls vs. Bears indicator consists of two: the bulls power index and the bears power index. These two indicators are calculated as the difference between the candle maximum (in the case of the bear force index minimum) and the moving average with period 13.

 

 

 

It turns out that if we combine these indicators, we will get 2 mutually reinforcing signals in one. The new Bulls vs. Bears indicator consists of two sliding. The green line shows the power of bears, the red line shows the power of bulls.

 

 

 

To buy, we need to wait for the red line - the line of buyers (bulls power) to cross the green line from the bottom up.

 

To enter the deal for sale, we need to wait for the green line to cross the red from the bottom up.

 

It should also be noted that the stronger the lines will diverge after the crossing, the stronger the further movement will be. When the lines begin to converge and "get confused," most likely the trend ends, perhaps its change.

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