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Volume BullBear Power
The Volume BullBear Power indicator (VBBP) plots the buy/sell strength on a histogram and it is recommended to use this indicator's timeframe as being exactly twice the close timeframe.
VBBP can indicate trend reversals when crossing the zero line
VBBP can indicate bull/bear rallys wheter if it is increasing or decreasing
At certain times, VBBP may indicate false trend reversals when crossing the zero line. Therefore, to avoid false trend reversals, wait for a few confirmation candles after VBBP crosses the zero line.
VBBP can indicate trend reversals when crossing the zero line
VBBP can indicate bull/bear rallys wheter if it is increasing or decreasing
At certain times, VBBP may indicate false trend reversals when crossing the zero line. Therefore, to avoid false trend reversals, wait for a few confirmation candles after VBBP crosses the zero line.
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