Table of Contents
Bears Power
Parameters
Logical rules for Opening Logic Condition slot.
- Bears Power rises;
- Bears Power falls;
- Bears Power is higher than the Level line;
- Bears Power is lower than the Level line;
- Bears Power crosses the Level line upward;
- Bears Power crosses the Level line downward;
- Bears Power changes its direction upward;
- Bears Power changes its direction downward;
Logical rules for Closing Logic Condition slot.
- Bears Power rises;
- Bears Power falls;
- Bears Power is higher than the Level line;
- Bears Power is lower than the Level line;
- Bears Power crosses the Level line upward;
- Bears Power crosses the Level line downward;
- Bears Power changes its direction upward;
- Bears Power changes its direction downward;
List box parameters
- Smoothing method (Exponential). The Moving Average method used for smoothing the Bears Power value. Options: Simple, Weighted, Exponential, Smoothed.
Numeric box parameters
- Smoothing period (13). The period of smoothing of the Bears Power value. Minimum: 1, Maximum: 200.
- Level (0). A critical level (for the appropriate logic). Minimum: -100, Maximum: 100.
Implementation
C# source code: Bears Power.
MQL source code: Bears Power.