Balance Of Power — Indicator by rollas

oscillator balance bullsandbears bullish bearish balanceofpower

Shows the balance of power between bulls and bears.

Release Notes:

- 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

Release Notes:

- Fixed avarage line not rendering correct with higher lookback count

Protected script

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