[NM]Bull and Bear Power trade signal - thanks to [RS]
The base code for this indicator was created by RicardoSantos and can be found here :
tradingview.com/script/oQWiBbH5-RS-Linear-Regression-Bull-and-Bear-Power-V0/
What I added is a signal line that indicates when to buy and when to sell.
Advised use :
Combine with a zero-lag indicator like ZeroLagEMA_LB by LazyBear (suggested period = 34)
tradingview.com/script/LTqZz3l9-Indicator-Zero-Lag-EMA-a-simple-trading-strategy/
Then use the following Rules of engagement :
Current price > ZLEMA & Signal line of BBP_NM is green : BUY
Current price < ZLEMA & Signal line of BBP_NM is red : SELL
Please click the like button if you dig this indicator !
tradingview.com/script/oQWiBbH5-RS-Linear-Regression-Bull-and-Bear-Power-V0/
What I added is a signal line that indicates when to buy and when to sell.
Advised use :
Combine with a zero-lag indicator like ZeroLagEMA_LB by LazyBear (suggested period = 34)
tradingview.com/script/LTqZz3l9-Indicator-Zero-Lag-EMA-a-simple-trading-strategy/
Then use the following Rules of engagement :
Current price > ZLEMA & Signal line of BBP_NM is green : BUY
Current price < ZLEMA & Signal line of BBP_NM is red : SELL
Please click the like button if you dig this indicator !
Check out my FREE indicator scripts:
► tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle
► tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle
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