OPEN-SOURCE SCRIPT
EdgeXplorer - Battle of the Bulls

EdgeXplorer – Battle of the Bulls
Momentum isn’t a mystery. It’s a battle. And this tool shows you who’s winning.
Battle of the Bulls is a momentum visualizer built for traders who want to track the tug-of-war between bullish and bearish pressure — in real time. It blends raw market energy with simple visuals to help you interpret power shifts, confirm trends, or anticipate reversals.
⸻

🔍 What It Tracks:
At its core, this tool calculates two things on every candle:
• Bull Power = High − EMA
• Bear Power = Low − EMA
These two values are added together to create a net momentum reading — giving you a unique view of pressure on both ends of the candle. The more aggressively price moves above or below the EMA, the stronger the histogram prints in that direction.
This approach allows you to see not just price movement, but the intensity behind it.
⸻
📊 Visual Breakdown:
• Momentum Histogram:
Colored bars show bullish vs. bearish pressure:
• Green bars = bullish net pressure (momentum > 0)
• Red bars = bearish net pressure (momentum < 0)
• Zero Line:
This baseline acts as a key decision zone. Crosses above zero often signal increasing bullish pressure, while crosses below zero can flag incoming bearish strength.
• Raw Momentum Line (optional):
Toggle this ON if you prefer to see a smoother visual of momentum shifts layered over the histogram. It’s helpful for those who like cleaner entries based on slope or curve behavior.
• Background Tinting:
To keep the screen minimal yet informative, a light red or green background tint reflects the prevailing momentum bias without being visually overwhelming.
⸻
🧠 How to Use It:
1. Confirming Trend Strength:
Use the histogram to validate whether a move is driven by real strength or just noise. A strong uptrend with fading green bars? Momentum might be weakening. Choppy range but rising bars? Breakout may be brewing.
2. Spotting Momentum Shifts Early:
The zero line crossover can be used as an early signal for trend reversals or new legs forming. Pair with your existing structure or pattern analysis for high-conviction entries.
3. Filtering False Breakouts:
Sometimes price breaks a level but momentum doesn’t support it — Battle of the Bulls can help you avoid those traps. If the histogram is neutral or fading while price breaks out, caution may be warranted.
4. Scalping Short-Term Swings:
Scalpers can track short bursts of power, riding histogram pulses in one direction. Set the EMA lookback lower (e.g. 5–8) for ultra-sensitive setups, or go higher (20+) for smoother confirmation.

⸻
⚙️ Customizable Inputs:
• Lookback Length – Controls the EMA length used in calculating momentum.
• Lower = more sensitive.
• Higher = more stable.
• Color Inputs – Change bullish and bearish histogram colors to fit your theme.
• Raw Line Option – Toggle for smoother, minimal overlay of momentum data.
⸻
🔔 Built-In Alerts:
We’ve added alert conditions for both:
• Bullish Cross (Momentum > 0)
• Bearish Cross (Momentum < 0)
So whether you want to automate notifications for scalping, swing confirmations, or divergence watching, this script has you covered.
⸻
🔚 Final Notes:
This script is minimal by design — no clutter, no distractions — just the heartbeat of market pressure visualized in a way you can actually trade. Whether you’re using it for confluence, confirmation, or clean pulse reads, Battle of the Bulls gives you insight without overcomplication.
Momentum isn’t a mystery. It’s a battle. And this tool shows you who’s winning.
Battle of the Bulls is a momentum visualizer built for traders who want to track the tug-of-war between bullish and bearish pressure — in real time. It blends raw market energy with simple visuals to help you interpret power shifts, confirm trends, or anticipate reversals.
⸻
🔍 What It Tracks:
At its core, this tool calculates two things on every candle:
• Bull Power = High − EMA
• Bear Power = Low − EMA
These two values are added together to create a net momentum reading — giving you a unique view of pressure on both ends of the candle. The more aggressively price moves above or below the EMA, the stronger the histogram prints in that direction.
This approach allows you to see not just price movement, but the intensity behind it.
⸻
📊 Visual Breakdown:
• Momentum Histogram:
Colored bars show bullish vs. bearish pressure:
• Green bars = bullish net pressure (momentum > 0)
• Red bars = bearish net pressure (momentum < 0)
• Zero Line:
This baseline acts as a key decision zone. Crosses above zero often signal increasing bullish pressure, while crosses below zero can flag incoming bearish strength.
• Raw Momentum Line (optional):
Toggle this ON if you prefer to see a smoother visual of momentum shifts layered over the histogram. It’s helpful for those who like cleaner entries based on slope or curve behavior.
• Background Tinting:
To keep the screen minimal yet informative, a light red or green background tint reflects the prevailing momentum bias without being visually overwhelming.
⸻
🧠 How to Use It:
1. Confirming Trend Strength:
Use the histogram to validate whether a move is driven by real strength or just noise. A strong uptrend with fading green bars? Momentum might be weakening. Choppy range but rising bars? Breakout may be brewing.
2. Spotting Momentum Shifts Early:
The zero line crossover can be used as an early signal for trend reversals or new legs forming. Pair with your existing structure or pattern analysis for high-conviction entries.
3. Filtering False Breakouts:
Sometimes price breaks a level but momentum doesn’t support it — Battle of the Bulls can help you avoid those traps. If the histogram is neutral or fading while price breaks out, caution may be warranted.
4. Scalping Short-Term Swings:
Scalpers can track short bursts of power, riding histogram pulses in one direction. Set the EMA lookback lower (e.g. 5–8) for ultra-sensitive setups, or go higher (20+) for smoother confirmation.
⸻
⚙️ Customizable Inputs:
• Lookback Length – Controls the EMA length used in calculating momentum.
• Lower = more sensitive.
• Higher = more stable.
• Color Inputs – Change bullish and bearish histogram colors to fit your theme.
• Raw Line Option – Toggle for smoother, minimal overlay of momentum data.
⸻
🔔 Built-In Alerts:
We’ve added alert conditions for both:
• Bullish Cross (Momentum > 0)
• Bearish Cross (Momentum < 0)
So whether you want to automate notifications for scalping, swing confirmations, or divergence watching, this script has you covered.
⸻
🔚 Final Notes:
This script is minimal by design — no clutter, no distractions — just the heartbeat of market pressure visualized in a way you can actually trade. Whether you’re using it for confluence, confirmation, or clean pulse reads, Battle of the Bulls gives you insight without overcomplication.
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。