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Bull Bear Candles for Amibroker (AFL)

gms almost 12 years ago Amibroker (AFL)

  • Rating:
    4 / 5 (Votes 2)
  • Tags:
    amibroker

Simple way to look at Bulls & Bear strength for any time frame.

You can see price acceptance – rejections also.

Screenshots

Indicator / Formula

Copy & Paste Friendly
PlotOHLC(High,High,Close,Close,"BEARS",colorDefault,styleCandle);
PlotOHLC(Low,Close,Low,Close,"BULLS",colorDefault,styleCandle);

2 comments

1. gms
almost 12 years ago

Also called Price Action Bars – tells you who is in control of a stock. It also tells you who is losing control: the buyers or the sellers.

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