May 23 2023

Overlooked technical analysis tools can often be brought to life when a coder rejuvenates or uses it's calculation for a more sophisticated tool & one such example is the Bulls Bears Power by Alexander Elder, which is one of the most underused technical indicators available to traders. Thanks to Mrtools, an Absolute Strength Difference indicator has now been published which uses the Bulls Bears Power (smoothed) to calculate & plot the difference component & it also comes with MA Filters + 3x Calculation options (RSI, Stoch & ADX) & more. Please try it out, here: viewtopic.php?p=1295513358#p1295513358