Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

Bear_Bulls_Power - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 5 reads | 0 comments |

Bear_Bulls_Power - indicator for MetaTrader 5

This indicator shows the strength of the long and short positions in a simple way in one window.

The indicator uses the class SmoothAlgorithms.mqh library (copy it to \MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.

The indicator was first implemented in MQL4 and published in the code base of mql4.com on March 23, 2016.

Bear_Bulls_Power - indicator for MetaTrader 5

Figure 1. Bear_Bulls_Power indicator


Attachment download

📎 Bear_Bulls_Power.mq5 (16.46 KB)

📎 SmoothAlgorithms.mqh (130.2 KB)

Source: MQL5 #16389

Verification code Refresh