Hi
Let me introduce my Bull Power Indicator script.
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb.
Let me introduce my Bull Power Indicator script.
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb.
//////////////////////////////////////////////////////////// // Copyright by HPotter v1.0 14/04/2014 // Bull Power Indicator //////////////////////////////////////////////////////////// study(title = "Bull Power Indicator") value = iff (close < open , //then iff (close[1] < open , max(high - close[1], close - low), max(high - open, close - low)), // else iff (close > open, //then iff(close[1] > open, high - low, max(open - close[1], high - low)), //else iff(high - close > close - low, //then iff (close[1] < open, max(high - close[1], close - low), high - open), //else iff (high - close < close - low, //then iff(close[1] > open, high - low, max(open - close, high - low)), //else iff (close[1] > open, max(high - open, close - low),//else iff(close[1] < open, max(open - close, high - low), high - low)))))) plot(value, style=line, linewidth=2, color=blue)