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Bull Bear Powers

Bull Bear Powers indicator shows the absolute power of bulls and bears in the market. Both powers are shown simultaneously with red and green colors for bear and bull powers respectively. When red line goes over the green line it means that bears are controlling the market. When green line goes over the red line it means that bulls are controlling the market. The green/red horizontal symbol line at the bottom of the indicators shows which party has more strength.

Time Frame: M30 and H1 are recommended (the indicator works on all time frames).

Signal:

  • BUY: Buy when a significant but not extremely long bull candle appears at the beginning of a green horizontal symbol line at the bottom of the indicator.
  • SELL: Sell when a significant but not extremely long bear candle appears at the beginning of a red horizontal symbol line at the bottom of the indicator.

Input Settings:

  • Period: Period over which the bull/bear powers will be calculated (minimum is 5, default is 7).
  • Smoothing Level: Smoothing level applies a moving average to the bull and the bear power.
    • No Smoothing:No smoothing will be applied (default).
    • Level 1 Smoothing:A moving average with period 2 will be applied.
    • Level 2 Smoothing:A moving average with period 3 will be applied.
  • Alert Notifications? if true, an alert notification will pop up for each BUY/SELL signal.
  • Email Notifications? if true, an email notification will be sent to your email address for each BUY/SELL signal.
  • Mobile Notifications? if true, a notification will be sent to your mobile phone (MT4 app) for each BUY/SELL signal.
  • Notification Start Hour (broker time): An integer number (0-23) which indicates the start hour for the BUY/SELL signals notifications (no notifications will be triggered before this hour).
  • Notification End Hour (broker time): An integer number (0-23) which indicates the end hour for the BUY/SELL signals notifications (no notifications will be triggered after this hour).

    Note: Do not take signal at the beginning or end of day. The best signals appear during the Frankfurt/London session.


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    5 (1)
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    Rasoul Mojtahedzadeh
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    5 (2)
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    5 (2)
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    5 (1)
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    Rasoul Mojtahedzadeh
    5 (1)
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    Rasoul Mojtahedzadeh
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    Rasoul Mojtahedzadeh
    5 (1)
    Note: This indicator cannot be tested in the strategy tester. Please download the free demo version from   https://www.mql5.com/en/market/product/48627 RFX Delta Volume is an indicator to show bullish and bearish volumes separately for each trading candle. The indicator uses history data of one minute (M1) to estimate the true bullish and bearish volumes in a sub-window. There are two modes of operations for this indicator. In mode "Delta Volume", the indicator shows the difference in bullish a
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    Rasoul Mojtahedzadeh
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    RFX Market Speed MT5
    Rasoul Mojtahedzadeh
    RFX Market Speed is an indicator designed to measure a new dimension of the market which has been hidden from the most traders. The indicator measures the speed of the market in terms of points per seconds and shows the measurement graphically on the chart, and saves the maximum bullish and bearish speeds per each bar. This indicator is specially designed to help the scalpers of any market with their decisions about the short bias of the market. The indicator uses real-ticks and cannot be fully
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    Rasoul Mojtahedzadeh
    5 (1)
    RFX Forex Strength Meter is a powerful tool to trade 8 major currencies in the Forex market, U.S. Dollar ( USD ) European Euro ( EUR ) British Pound ( GBP ) Swiss Franc ( CHF ) Japanese Yen ( JPY ) Australian Dollar ( AUD ) Canadian Dollar ( CAD ) New Zealand Dollar ( NZD ) The indicator calculates the strength of each major currency using a unique and accurate formula starting at the beginning of each trading day of your broker. Any trading strategy in the Forex market can be greatly improved
    RFX5 Trendometer
    Rasoul Mojtahedzadeh
    Identifying the trend of the market is an essential task of traders. Trendometer implements an advanced algorithm to visualize the trend of the market. The major focus of this indicator is to evaluate the market in the lower time frames (i.e., M1, M5 and M15) for the scalping purposes. If you are a scalper looking for a reliable indicator to improve your trade quality, Trendometer is for you. The indicator runs on a separate window showing a histogram of red and green bars. A two consecutive gre
    RFX5 Bull Bear Powers
    Rasoul Mojtahedzadeh
    RFX5 Bull Bear Powers   indicator shows the absolute power of bulls and bears controlling the market. Both powers are shown simultaneously with red and green colors for bear and bull powers respectively. When red line goes over the green line it means that bears are controlling the market. When green line goes over the red line it means that bulls are controlling the market. The green/red horizontal symbol line at the bottom of the indicators shows which party has more strength. Time Frame:   M3
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    版本 1.12 2020.04.03
    - Improved calculation formula.
    - Add Buy/Sell signal lines.
    版本 1.11 2020.03.23
    - Improves performance
    版本 1.10 2015.05.12
    - Notifications added
    1) Alerts
    2) Emails
    3) Mobile Phone