Oscillator Bull And Bear Balance displays the balance of bulls and bears.

It has four configurable parameters:

  • Period - calculation period;
  • Method - calculation method;
  • Smoothing period - smoothing period;
  • Smoothing method - smoothing method.

Calculation:

BBB = MA(MA_Bull - MA_Bear, Smoothing method, Smoothing period)

where:

MA_Bull = MA(Bull_Power, Method, Period),
MA_Bear = MA(Bear_Power, Method, Period),
MA(Source, Method, Period) - the moving average with the Method calculation method and the Period calculation period
Bull_Power, Bear_Power - bull power and bear power