Based on BullBearPower indicator, this is a heavily modified version with colored candles to show when bulls or bears are buying or bailing. Includes Fibonacci Levels based on Highest/Lowest value in variable length, along with optional second timeframe and alternative calculation for candles and linear regression curves for increased versatility. Green = bullish /long, Aqua = still-bullish albeit weakening, blue = weak albeit strengthening and red = weak/short. Perfect as a confirmation indicator for those looking to time markets.
Versionshinweise
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Fixed Fib Bands, added more optionality for Fib levels, improved color scheme, added fill to linear regression curves, modified calculations for more accuracy hopefully, toggle switch between candles and normal line plot.