Bears vs. Bulls Forex Indicator

Total Power Indicator is the latest addition to the MetaTrader indicators list on EarnForex.com. I’ve got the idea of this indicator from the June issue of the Currency Trader magazine. In short, this indicator uses Bull Power and Bear Power standard indicators to produce a more long-term perspective of the current market situation. The MT4 version of it was already coded by Daniel Fernandez. I’ve converted it to MT5, optimizing some of the code routines. The new version has the following advantages:

You can get the code of the MT5 and MT4 versions or read more Total Power Indicator about this classical technical indicator.

If you find any bugs in this MetaTrader indicator or if you want to make a suggestion regarding its functionality, please post a reply via commentary form below