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.

C# source code: Bears Power.

MQL source code: Bears Power.