Indicator Bears Power

One more popular indicator is Bears Power which task is to reflect strength of "bears", that is to determine a ratio of volumes of buy and sell. It is placed in the section Indicators - Oscillators.

it looks as follows:

In settings of the indicator it is possible to change the period, color, type and width of the histogram.

The indicator is better to use together with its "mirror" twin Bulls Power and if their signals match, it is possible to enter the market or to use together with the trend indicator.

When in operating time there is a divergence, it is possible to open the order, as shown at the pic below:

The Bears Power indicator will suit the traders who are supporters of safe methods of conducting of trade. I wish you high profit.