Indicator Bulls Power

In this overview we would like to tell about the Bulls Power "Strength of Bulls" indicator which task is to predict trend force. It is placed in the section Indicators - Oscillators

it looks as follows:

In parameters Bulls Power it is possible to specify the indicator period, type, color and width of columns of the histogram.

It is better to use the Bulls Power indicator together with the trend indicator, for example with Moving Average (moving average).

The signal for Sell appears when the trend indicator is higher than a price, and the Bulls Power index is placed below the zero mark. For Buy you need return conditions, as shown at the pic below.

This indicator will suit any trader because of its functionality and simplicity of receipt of signals. I wish you high profit.

This indicator can be discussed at forum