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

author EAcpu | 3 reads | 0 comments |

BBB - indicator for MetaTrader 5

The Bull-Bear Balance oscillator shows the balance between bulls and bears.

It has four configurable parameters:

 MA_Bull = MA(Bull_Power, method, period),
MA_Bear = MA(Bear_Power, method, period),
MA(Source, Method, period) - Moving average with Method calculation method and Period calculation period Bull_Power, Bear_Power - Bull power and bear power 

BBB - indicator for MetaTrader 5


Attachment download

📎 bbb.mq5 (22.25 KB)

Source: MQL5 #21023

BBB - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions

BBB - MetaTrader 5 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.

Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.

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