• Overview
  • Reviews (5)
  • Comments (4)

Bulls Bears Force

5

Welcome to the Minions Labs' reinterpretation of the Classic Bulls & Bears Power, developed by Alexander Elder a long ago.

Since the 2 indicators: Bull Power and Bear Power were histogram-based indicators and having 2 indicators in the same chart and occupy too much screen, we decided to mix them into ONE Line and Color-based indicator, which give us all the information we need.

The Bull & Bear Power indicators help you determine the strength of BUYERS (Bulls) vs. SELLERS (Bears). Basically, it measures the difference between the highest price and the lowest price according to an Exponential Moving Average of the Prices.

We then simply mixed the two values and displayed them in a single-line indicator, which is colored accordingly with the power of the Buyers and the Sellers.

Since we added a parameter to control the size of the lookback period, many study options can be achieved. It all depends on the Symbol, Timeframe and Period of analysis...


HOW TO "READ" THIS INDICATOR

  • You can use the 0-line cross as an indication of a probable trend change.
  • Colored line segments represent that Buyers/Sellers are dominant at that moment in time.
  • Divergences can be exploited between Price and the indicator levels of Peaks and Valleys.


PARAMETERS

  • Period of Analysis (Number of past bars to analyze)


As always, if you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

With No Strings Attached!  Ever!


Live Long and Prosper!

;)

Reviews 5
Jorge Bascope Lazo De La Vega
437
Jorge Bascope Lazo De La Vega 2024.06.10 00:53 
 

Excelente indicador para timeframe mayores.

Detleff Böhmer
2699
Detleff Böhmer 2022.10.14 15:18 
 

Gute Arbeit!

Herb Wenzel
173
Herb Wenzel 2022.07.11 06:16 
 

Especially good when paired with Stochastic oscillator

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The Berma Bands (BBs) indicator is a valuable tool for traders seeking to identify and capitalize on market trends. By analyzing the relationship between the price and the BBs, traders can discern whether a market is in a trending or ranging phase. Berma Bands are composed of three distinct lines: the Upper Berma Band, the Middle Berma Band, and the Lower Berma Band. These lines are plotted around the price, creating a visual representation of the price movement relative to the overall trend.
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Save time and make more accurate decisions with Anchored VWAPs If you want to test the power of this tool, you can download the free Anchored VWAPs indicator for MT5 . In addition to this indicator working independently, it is also an extension for the free Sweet VWAP version. This is because when you click in the free version, the VWAP you see at the mouse pointer will be anchored. And for better understanding, what will be anchored there is this indicator, with all its functionalities. This in
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Flavio Javier Jarabeck
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Flavio Javier Jarabeck
The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulnes
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Flavio Javier Jarabeck
ATR Monitor ATR is a measure of volatility introduced by market technician J. Welles Wilder Jr. in his book, "New Concepts in Technical Trading Systems". In general, traders are accustomed to seeing the ATR in the form of a sub-window indicator. What I am presenting here is a simplified version of ATR - just the current ATR number - very useful for monitoring just the very moment of the current chart. And, by default, this indicator will not show up on screen, you can just use the buffers thems
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Flavio Javier Jarabeck
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For those who use the Trading Arrows on the chart for later study, but use the Triple Screen approach and got all those arrows everywhere on all additional charts, here it is: Arrows Cleaner! Just drop it on the chart and leave it there. When needed, just with 1-click you get rid of all those annoying arrows... SETTINGS You can position the little Button on any corner of the chart. Additionally you can displace it with the Offset settings. You can enlarge or shrink its size, as well as the tex
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Flavio Javier Jarabeck
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Minions Labs' Candlestick Pattern Teller It shows on your chart the names of the famous Candlesticks Patterns formations as soon as they are created and confirmed. No repainting. That way beginners and also professional traders who have difficulties in visually identifying candlestick patterns will have their analysis in a much easier format. Did you know that in general there are 3 types of individuals: Visual, Auditory, and Kinesthetic? Don't be ashamed if you cannot easily recognize Candlest
Economic Markers PRO
Flavio Javier Jarabeck
4 (1)
Easily get all relevant economic events of the current day right into your chart, as markers. Filter what kind of markers do you want: by country (selected individually) and by Importance (High relevance, Medium, Low or any combination of these). Configure the visual cues to your liking. Additionaly you have the ability to add up to 5 personal markers of your own agenda. With Alerts and/or with blackout periods, if you are using it within an Expert Advisor! All in one Economic Calendar indicator
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Jorge Bascope Lazo De La Vega
437
Jorge Bascope Lazo De La Vega 2024.06.10 00:53 
 

Excelente indicador para timeframe mayores.

Tshiamo Phamotse
149
Tshiamo Phamotse 2023.01.20 06:14 
 

User didn't leave any comment to the rating

Detleff Böhmer
2699
Detleff Böhmer 2022.10.14 15:18 
 

Gute Arbeit!

Herb Wenzel
173
Herb Wenzel 2022.07.11 06:16 
 

Especially good when paired with Stochastic oscillator

Not4putter
44
Not4putter 2022.03.10 16:06 
 

Super

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