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Bull Bear Candles for Amibroker (AFL)
gms
over 9 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

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

2 comments

1. gms
over 9 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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2. nirzig
over 9 years ago

Whats the best way to trade it?
Thanx in advance

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