OPEN-SOURCE SCRIPT
Bull Bear Power
1. Calculate
* Base on RSI status in the same period of price bar, "Bull Bear Power" is counting number of bars moved above 70 then return result to "bull power" series, and counting number of bars moved below 30 then return result to "bear power" series.
* By default RSI period is 2 and Bar period is 15.
2. Interface
* Bull power: green columns.
* Bear power: red columns.
* Info Line: show info of RSI and Bull Bear Power
- Bull Bear Power info: Period, Bull value, Bear value
- RSI info: RSI value, RSI status: overbought (>70), oversold(<30), crossunder 70, crossover 30.
3. Trade:
* Consider place Long oder when Bull power increase from below to above Bear power
* Consider place Short oder when Bear power increase from below to above Bull power
* Base on RSI status in the same period of price bar, "Bull Bear Power" is counting number of bars moved above 70 then return result to "bull power" series, and counting number of bars moved below 30 then return result to "bear power" series.
* By default RSI period is 2 and Bar period is 15.
2. Interface
* Bull power: green columns.
* Bear power: red columns.
* Info Line: show info of RSI and Bull Bear Power
- Bull Bear Power info: Period, Bull value, Bear value
- RSI info: RSI value, RSI status: overbought (>70), oversold(<30), crossunder 70, crossover 30.
3. Trade:
* Consider place Long oder when Bull power increase from below to above Bear power
* Consider place Short oder when Bear power increase from below to above Bull power
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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。