Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
Bull and Bear Balance Indicator for Metastock
Rating:
5 / 5 (Votes 2)
Tags:
oscillator, metastock
Vadim Gimelfarb’s article in the issue of Stocks and Commodities Magazine, “Bull And Bear Balance Indicator,” references a histogram created by subtracting his bear power indicator from his bull power indicator. The result is then smoothed by a 30-period average. The following formula will reproduce that histogram.
Similar Indicators / Formulas
Auto-adaptive Ergotic Candlestick Oscillator
Submitted
by kelvinhand almost 12 years ago
Guppy MMA Divergence Oscillator
Submitted
by kaiji almost 15 years ago
Schaff Trend Cycle Oscillator
Submitted
by kaiji over 14 years ago
3-10 Oscillator
Submitted
by mayurs over 12 years ago
Relative Vigor Index
Submitted
by vargasc1 over 13 years ago
StochPVT Indicators
Submitted
by gohck over 13 years ago
Indicator / Formula
Copy & Paste Friendly
r1:=If(Ref(C,-1)<O,Max(O-Ref(C,-1),H-L),H-L); r2:=If(Ref(C,-1)>O,Max(Ref(C,-1)-O,H-L),H-L); bull:=If(C=O, If(H-C=C-L, If(Ref(C,-1)>O, Max(H-O,C-L), r1), If(H-C>C-L, If(Ref(C,-1)<O, Max(H-Ref(C,-1),C-L), H-O), r1)), If(C<O, If(Ref(C,-1)<O, Max(H-Ref(C,-1),C-L), Max(H-O,C-L)), r1)); bear:=If(C=O, If(H-C=C-L, If(Ref(C,-1)<O, Max(O-L,H-C), r2), If(H-C>C-L, r2, If(Ref(C,-1)>O, Max(Ref(C,-1)-L,H-C), O-L))), If(C<O, r2, If(Ref(C,-1)>O, Max(Ref(C,-1)-L,H-C), Max(O-L,H-C)))); Mov(bull-bear,30,S)
0 comments
Leave Comment
Please login here to leave a comment.
Back