Bull/Bears | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Bulls vs. Bears pictures 42 replies

Check based on Bull and Bears 22 replies

If previous bar=bull/bull then 2 replies

Bears trading diary 12 replies

Bulls/Bears Alert ? 0 replies

Bull/Bears

  • #1
  • First Post: Aug 4, 2008 9:18am Aug 4, 2008 9:18am
Can anyone explain to me what exactly the, "Bulls Force" and "Bears Force" indicators measure in Metatrader? More specifically, how these indicators are calculated. I've been playing around with them a little bit while doing some backtesting, and before I put too much stock in them I'd like to know more about what they mean. Any help would be appreciated.
  • #2
  • Aug 4, 2008 9:42am Aug 4, 2008 9:42am
Quoting Tryad
Can anyone explain to me what exactly the, "Bulls Force" and "Bears Force" indicators measure in Metatrader? More specifically, how these indicators are calculated. I've been playing around with them a little bit while doing some backtesting, and before I put too much stock in them I'd like to know more about what they mean. Any help would be appreciated.
If you mean Bears Power and Bulls Power then look at these links to the MQL4 code base. Each page has a link to the actual code above the description.
http://codebase.mql4.com/254
http://codebase.mql4.com/253
http://codebase.mql4.com/1002
http://ta.mql4.com/indicators/oscillators/elder_rays
  • #3
  • Aug 4, 2008 9:55am Aug 4, 2008 9:55am
Yes, I did mean Bulls Power and Bears Power. Thank you so much... this is exactly what I was looking for.
  • #4
  • Last Post: Aug 4, 2008 10:00am Aug 4, 2008 10:00am
Your welcome.
0 traders viewing now