Shows the balance of power between bulls and bears.
Versionshinweise
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- Code updated to Pinescript V5.0 - Added adjustable lookback - Added ATR period for baseline - Added weighted option for latest bars priority - Added show extremes option for historical high and lows
Versionshinweise
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- Fixed avarage line not rendering correct with higher lookback count
I tried contacting you through privating messaging, but not sure if you got the message.
I'm interested in your 'balance of power' indicator that you made, it looks interesting and want to experiment with it further more.
Is it possible that you can give me the source code so that I can experiment with it and see if I can create new possibilities?
Thanks a lot
rollas
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Balance of Power new version 2.0 available. Written in Pinescript version 5. Added weighted option for latest bars sensitivity. Also added the option to show historical extremes. Make sure you are using the latest version...
DADDYshivam
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Thanks for this useful indicator. I just have one question, what have u used for smoothing. Could u tell me that. It would be very useful to understand the working of this indicator and use it more efficiently.
I tried contacting you through privating messaging, but not sure if you got the message.
I'm interested in your 'balance of power' indicator that you made, it looks interesting and want to experiment with it further more.
Is it possible that you can give me the source code so that I can experiment with it and see if I can create new possibilities?
Thanks a lot