VAMarketPower
Indicator of market power. Clearly shows who currently dominates the market, the bulls or bears. It is recommended to use the indicator as proof of the chosen direction of the transaction in conjunction with other indicators. Power bulls shows a histogram situated above the zero line of the indicator. Power bears shows a histogram below the zero line of the indicator. By default, the Bulls Power is blue and bears the force - red.
Options
- Indicator Period - period that specifies the number of bars in the calculation of indicator values.
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