PROTECTED SOURCE SCRIPT
Updated BULL BEAR Index [MarktQuant]
The BULL BEAR Index is a trend analysis tool that combines the MFI with a smoothed RSI to identify bullish or bearish market conditions.
MFI: Based on the average price, it measures market strength.
RSI: Evaluates momentum over a specific period.
Visuals: The indicator changes the background and bar colors to reflect market sentiment, making trends easy to spot.
This tool provides a quick visual representation of market sentiment, helping traders identify potential trends.
MFI: Based on the average price, it measures market strength.
RSI: Evaluates momentum over a specific period.
Visuals: The indicator changes the background and bar colors to reflect market sentiment, making trends easy to spot.
This tool provides a quick visual representation of market sentiment, helping traders identify potential trends.
Release Notes
Fixed repainting issue. Release Notes
Added alert conditionsProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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📊 whop.com/marktquant
🌐 marktquant.com
Nothing shared on this page constitutes financial advice. All information, tools, and analyses are provided solely for informational and educational purposes.
📊 whop.com/marktquant
🌐 marktquant.com
Nothing shared on this page constitutes financial advice. All information, tools, and analyses are provided solely for informational and educational purposes.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
🔍 Access Investing Strategies & Indicators
📊 whop.com/marktquant
🌐 marktquant.com
Nothing shared on this page constitutes financial advice. All information, tools, and analyses are provided solely for informational and educational purposes.
📊 whop.com/marktquant
🌐 marktquant.com
Nothing shared on this page constitutes financial advice. All information, tools, and analyses are provided solely for informational and educational purposes.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.